Monthly Archives: January 2015

China will replicate some practices in Shanghai’s free trade zone to other parts of the country, the cabinet said, in its latest push to let markets play a bigger role in the economy. The expansion of practices include yuan, or renminbi, settlements under the current account for individuals and more freedom for foreign-funded firms to retain...

According to the provisions of INDIVIDAUL INCOME TAX LAW OF THE PEOPLE’S REPUBLIC OF CHINA, IMPLEMENTAL REGULATIONS OF INDIVIDUAL INCOME TAX LAW OF THE PEOPLE’S REPUBLIC OF CHINA, and the Notice about the Approaches of Declaring Individual Income Tax made by the State Administration of Taxation, the taxpayers who earn more than 120,000 Yuan in...

Small business owners often choose a sole proprietor business structure when starting up. The road to entrepreneurship can lonely. Greater rewards may result from forming a business partnership. Partnerships offer more freedom for business owners with shared business tasks and the potential to earn greater profits. Yet, according to BizStats.com., over 72% of all small...

When you are starting out with a new business, looking at offices may seem like a distraction from the main aim of making money for your company. However, it’s important not to rush into a decision that you may regret later. Get it wrong and it could prove costly. In a fast-changing world, the key is flexibility....