China Company Registration types
Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. UWS can assist you in the process of registering a company in [...]
China expands VAT pilot program to all industries
China's financial and taxation authorities announced it would expand its value-added tax (VAT) pilot program to all industries on Thursday in order to deepen the country's fiscal and taxation reform. Starting from May 1, the [...]
Firms pay less taxes through VAT reform in China
China started nationwide tax reforms to use value added tax as a replacement for businesses tax in May. Wednesday was the first day of declaration for the pilot program, and many firms saw their tax [...]
Why technology companies choose to register foreign companies in Shenzhen？
Our clients were giving us the following reasons for choosing Shenzhen 1. It’s close to Hong Kong but cheaper. 2. It’s become the electronics hardware center for China, and not just for manufacturing, but for [...]
Why do companies need to keep Accounting and Bookkeeping?
Every business and organization has to maintain proper accounting records so as to fulfill the tax reporting requirements while filing the tax return to the Inland Revenue Department and in compliance with the Hong Kong [...]
What are the requirements for forming a limited company in Hong Kong?
In Hong Kong most companies are incorporated as private limited companies (limited by shares). The following are the basic requirements for forming a company in Hong Kong. Any individual over the age of 18 years [...]
