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Chinese Manufacturing Under American FDA Regulations Made Possible

Chinese Manufacturing Under American FDA Regulations Made Possible

Mainland China acts as a manufacturing powerhouse for many American companies, producing their products at a competitive price. The majority of the goods exiting these factories, however, face a common issue: quality and safety standards often don’t comply with American FDA regulations and are therefore rendered inadmissible for import into…

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Why You Need a Flexible Support System in China

Why You Need a Flexible Support System in China

The problem We always look to  provide the best support to our clients, but due its size, China can be an overwhelming country , so we understand when our clients are hindered to come directly to our office in Shenzhen. Just recently, one of our clients, a paper products manufacturer,…

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Opening Up a Bank Account Under Tightened Restrictions – What You Need to Know

Opening Up a Bank Account Under Tightened Restrictions – What You Need to Know

Why opening a bank account in China is more difficult today It is no secret that the recent crackdown on money laundering has left foreigners struggling to open a bank account in China. As a result, it has become even more beneficial for foreigners, seeking to move or extend their…

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Why Employing China Consultants To Solve Banking Issues is a Must

Why Employing China Consultants To Solve Banking Issues is a Must

Nationalities are a way of creating a sense of belonging. As soon as you are born, you are gifted one, sometimes two, nationalities. They play an important part in how you identify yourself throughout your life and they can come with - or prevent - great liberties. The problem with…

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Shutting Down a Foreign Owned Entity in China – IncorpChina’s Visit to the Local Tax Bureau

Shutting Down a Foreign Owned Entity in China – IncorpChina’s Visit to the Local Tax Bureau

Last week, three Incorp China team members and the CEO, Robert Fisch, headed to the Shenzhen tax bureau to help one of our US clients on shuting down their entity in China. When shutting down a foreign company in China, the tax bureau has to issue a “notice of cancellation…

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The New Fapiao Legislation Explained

The New Fapiao Legislation Explained

Effective 1st July 2017, the State Administration of Taxation extended its requirements for fapiao issuance. All companies need to add their taxpayer identification number on all issued VAT tax invoices (fapiaos) in addition to the original information. The notice was given under the Taxation Notice No. 16 of 2017.. 16…

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How Important Is To Have Local Representatives In China?

How Important Is To Have Local Representatives In China?

While every business needs to keep a tight grip on their expenses, some investments do truly pay off. One of such investments is hiring a local company in China to represent your business here. Why? Because Chinese bureaucracy and law is of complicated and ever-changing nature. Even more importantly, here,…

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In China, Guanxi Can Open Many Doors – And Borders

In China, Guanxi Can Open Many Doors – And Borders

Some life lessons are best conveyed through a story. This one is about never underestimating what power an extensive guanxi holds in China. Guanxi is the mandarin term for the network, the connection people form privately and in business relation to one another over a long period of time. Other…

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