Banking in China
This article provides a complete overview of banking in China. We explore the requirements of opening a bank account in China, foreign capital accounts and more| MSA
At the very end of 2022, the Chinese government issued some updates to the current Value Added Tax (VAT) tax law, with a brief review period for public comment. Now that we are well into 2023, the review period is closed, and these changes will be officially enacted within the next few months. What does […]| MSA
Guangzhou, one of China’s major cities, offers a highly favorable environment for foreign companies and presents a promising landscape for growth and success (see China Briefing). Its robust infrastructure, strategic location, and thriving economy make citation for headquarters an ideal destination or subsidiary operation. As a magnet for investment and global trade, Guangzhou continues to […]| MSA
Key Takeaways China’s major banks are integral to its economy and exert significant global influence. Performance assessments include profitability, asset quality, and risk management. Future outlooks hinge on regulatory, economic, and international developments. China’s banking sector, a critical component of the world’s second-largest economy, is dominated by several major players. These banks are among the […]| MSA
A comprehensive look at the Hainan Free Trade Port in China, the key policies in the region and how it will work.| MSA
Find out more about the most effective ways foreign companies can repatriate funds in China. Our MD speaks on the challenges of the repatriation of funds and how to overcome them.| MSA
With the Chinese government increasing their efforts on the monitoring of tax evasion, it has become even more important for companies and individuals to ensure they remain compliant with tax laws in China. Learn more about tax evasion, the consequences of it and how to avoid tax evasion in China.| MSA
China is among the most sought-after countries for foreign investment because of its enticing policies, competitive labor rates, and market reach. For foreign employers, hiring both local and foreign employees ensures the right combination of competence and diversity. Before foreign businesses can employ expatriates, they need to undergo a lengthy process and provide extensive documentation […]| MSA
The Permanent Establishment (PE) is frequently used in double taxation avoidance agreements (DTAs). When a PE is constituted, China levies taxes over service fee payments between a foreign company and a local entity.| MSA
With a market twice the size of the US, e-commerce in the Chinese sector offers immense opportunities for businesses looking to enter it. In 2023, China’s e-commerce market was valued at about US $2.2 trillion (GlobalData) with over 900 million active online users. A decade ago, China accounted for only 1% of global online sales. Today, […]| MSA
This article provides a complete overview of banking in China. We explore the requirements of opening a bank account in China, foreign capital accounts and more| MSA
Have you considered the benefits of offshore banking in mainland China? Here we set out the key options, focusing on Non-Resident Accounts.| MSA
On 1 September 2025, some new labor laws came into force in China. Here we explain the new laws in detail.| MSA
Understanding the structure and regulation of employee benefits in China is crucial for businesses operating within the country. Compliance with local laws| MSA
Payroll outsourcing means contracting a third party provider to manage employee payroll, whether locally or globally. Here we explain how it works.| MSA
Shanghai, China's bustling financial hub, offers a wealth of opportunities for foreign investors and companies looking to expand their global operations. Here| MSA
Learn how the China+1 strategy helps manufacturers reduce risk, strengthen supply chains, and tap into new global markets.| MSA
This article will discuss the function of a business license in China, the importance of a business license, the process needed to obtain one in 2025.| MSA
Considering starting a business in China? We lay out all the important information you need to start a business in China, incl. requirements, costs & more| MSA
In this article, we will delve into the main sectors driving China’s economic growth, with a focus on considerations for the upcoming year.| MSA
This article focuses on 20 of the top companies in China, organized by market capitalization.| MSA
Mothers in China are entitled to Maternity leave under labor law and regulations. Read on to find out how entitlements by region.| MSA
Elevate your business with MSA's Accounting, Tax, HR services and more. Tailored solutions for sustainable growth of SMEs in China and across Asia.| MSA
When hiring employees in China, employers must abide by relevant laws and regulations and as such are required as well to make contributions to social security and the housing provident fund. In this article, we provide an extensive overview of China's social security system and the housing provident fund from an employer's perspective.| MSA
