Our collection of resources based on what we have learned on the ground
Resources
Q&A
What are the differences between the Chinese Accounting Standard (CAS) and the I...
- May 2015
- Free Access
Despite the ongoing convergence towards international standards, one must be aware of the following differences: Choosing a valuation method; China Accounting Standards (CAS) only allows fixed assets to be valued according to their historical cost...
Q&A
What are the expectations for the Generally Accepted Accounting Practices (GAAP)...
- May 2015
- Free Access
The 2014 Generally Accepted Accounting Practices (GAAP) is expected to be adopted by all medium and large-sized enterprises across Mainland China. The new PRC GAAP consists of: One basic standard providing guidance on practical issues 41 specific...
Q&A
What is 'mapping' in China?
- May 2015
- Free Access
As foreign companies follow different standards, the information from the Chinese subsidiary must be translated to fit into overseas parent company books. This procedure is known as mapping. There are two points to consider: 1. The divergence of Ch...
Q&A
How is accounting currency determined in China?
- May 2015
- Free Access
When a company chiefly does business in non-local currency, it then may choose the currency in which to conduct its accounting. When choosing currency, the company must consider the following factors: If the currency influences the sales pri...
Q&A
What procedures must be considered for before repatriating profits in China?
- May 2015
- Free Access
The remitting of profits does not need prior approval from the State Administrative of Foreign Exchange (SAFE). However it must show that all income taxes have been paid. The investor must present the following documents to the bank in order to prove...
infographic
Rising Car Use in China
- May 2015
- Free Access
This infographic explains about the Chinese car market - how many cars were sold, import & export of cars, investment in car parts, revenues and restrictions.
infographic
Some of the Car Parts that Require China Compulsory Certificate
- May 2015
- Free Access
List of car parts that require China compulsory certificate in China.
infographic
CT Rates for Cars and Car Parts in China
- May 2015
- Members Access
This infographic shows CT rates for cars and car parts in China - For cars, passenger cars with cylinder capacity - different CT rates for different amount of litres - and small & medium commercial vehicles.
magazine
Der Große Steuervergleich für Asien 2015
- April 2015
- Members Access
Im GroÃen Steuervergleich 2015 untersuchen wir die Steuersätze der zehn ASEAN Staaten sowie Indien, China, Hong Kong. Da sich das Investitionsumfeld in Asien stetig verändert, ist es von äuÃerster Bedeutung, immer auf dem aktuellsten S...
FTA
Free Trade Agreement between China and Macao (Closer Economic Partnership Arrang...
- April 2015
- Free Access
Supplement VIII to the Mainland and Macao closer economic partnership arrangement.
FTA
Free Trade Agreement between China and Macao (Closer Economic Partnership Arrang...
- April 2015
- Free Access
Supplement IX to the Mainland and Macao closer economic partnership arrangement.
FTA
Free Trade Agreement between China and Macao (Closer Economic Partnership Arrang...
- April 2015
- Free Access
Supplement X to the Mainland and Macao closer economic partnership arrangement.
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