Tax policy for small and micro enterprises – March 2022
China is actively creating a friendly environment conducive to the growth of small businesses, taking measures to ease the financial burdens and solve financing difficulties for small and...
New Accounting Standard in China- Leasing Standard | Financial Changes to Businesses
A- Background Due to the provisions in the previous leasing standard for operating leases, lessees do not recognize their acquired rights to use assets and rental payment obligations...
Finance transformation as a necessity
The changing business environment is increasingly pushing businesses to look for external assistance with financial matters in more flexible and strategic ways. Finance transformations are considered as a clear...
Individual Income Tax Annual Filling | “Refund” or “Compensate”?
According to the announcement of the State Administration of Taxation, "Comprehensive Individual Income Tax Annual Filling for YR2021" begins on March 1, 2022. A- Brief Review: What is Annual...
How to Repair Bad Tax Credit?
On 1 January 2022, the Announcement on Matters Relating to Tax Credit Evaluation and Repair [1](No. 31 of 2021) issued by the State Administration of Taxation (SAT) came...
Fiscality when purchasing a property in France
The French fiscal system can sometimes be complex, especially when it comes to assets like properties. Whether it is the purchase of a second home or a real estate...
If significant tax violation conducted, information of discreditable enterprise and its legal person will be made public!
In 2014, the State Administration of Taxation (SAT) formulated the Measures for the Publication of Information on Significant Tax Violation Cases (for Trial Implementation), which was revised twice...
Corporate taxes in China – Workshop
On February 16th, Yvon Russon, founder and CEO of SONG Co. Ltd, under the invitation of SME Club of CCI FRANCE CHINE Shanghai held a workshop on the topic...
System of Working Hours in China | Back in the spotlight due to Covid-19
The working hours system has a significant impact on employees. For employers, it also plays an important role in reducing employment costs and risks. With the major impact...
Focus on Enterprise Credit Risk Classification Management
On 4 January 2022, the Executive Meeting of the State Council considered and adopted the "Guiding Opinions on Promoting Enterprise Credit Risk Classification Management to Further Enhance Regulatory...