Background Knowing the labour laws of any country is essential for conducting business with or within that country. China is no exception. The labour laws …
LehmanBrown Business Guides: Accounting and Bookkeeping in China
With China’s fast evolving accounting sector, it can prove difficult for many firms to keep on top of new legislation and accounting standards. Accounting & …
China Manufacturing 2025 and Internet Plus: What’s in it for FIEs?
LehmanBrown International Accountants has published an industry insight about Manufacturing 2025 and Internet Plus in the EURObiz July/August edition. As the 13th Five Year Plan has been …
Background Establishing a business in China is not as straightforward as most overseas investors into China initially anticipate and the process comes with its own …
Understanding Mainland China & Hong Kong’s Tax Systems – A Comparison
The respective tax systems of the People’s Republic of China and Hong Kong have some key differences that a business operating in both tax jurisdictions …
Navigating the ‘Five Year Tax Rule’ for Expatriates in China
Background The China Five Year Tax Rule threshold and its application is a pertinent and often misunderstood issue that affects all expatriates (including Hong Kong, …
On 5th March, 2016, Premier Li Keqiang announced at the opening of the National People’s Congress that the real estate and construction, financial services and …
Internationalisation of the RMB & Prospects for the UK’s Finance & Professional Services Sector
The policy for Financial and Foreign Exchange (“FX”) reform and Internationalisation of the Renminbi (“RMB”) started to take shape around the end of the 2010s. …
China Risk Focus – FCPA versus China Corruption Act
Author: Jean Kester – Partner (LehmanBrown International Accountants) jeankester@lehmanbrown.com This article was originally published by Stout, Risius & Ross (SRR) under the section on China’s …
Company Deregistration, Liquidation & Filing for Bankruptcy in China
Drawn in by the rapid growth of the Chinese economy and the opportunities in the market, many multinational corporations (“MNCs”) have expanded their business into …