As the summer travel season is underway, we remind our friends visiting China to expect to have their fingerprints taken at all ports of entry, as part of a policy gone in full effect since April of this year. In January 2017, the Ministry of Public Security of the People’s Republic of China announced plans…
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On 18 May 2018, the China Ministry of Commerce (MOFCOM) announced the signing of the Trade and Economic Cooperation Agreement between China and the Eurasian Economic Union (EAEU). The agreement was signed at the Astana Economic Forum held in Astana, Kazakhstan, by the China International Trade Representative and Vice Minister of Commerce Fu Ziying, the…
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It’s important for both China-based employers and foreign employees working in China to be familiar with income tax and compliance requirements pertaining to China’s Individual Income Tax (IIT) Law. Let's jump in and answer some basic questions in three parts. Part I - Individual income tax of foreign employees Q: What is the Individual Income…
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