Tag: News

Accounting Update: China Simplifies Renewal Process for Foreign Companies — Key Takeaways

China Simplifies Renewal Process for Foreign Companies: Key Changes in Accounting and Tax Compliance China's tax and regulatory authorities have strea

Accounting Update: Cross-Province Mutual Recognition Agreement Finalized — Key Takeaways

Accounting Update: Cross-Province Mutual Recognition Agreement Finalized — Key Takeaways On October 15, 2023, China’s Ministry of Finance (MOF) and St

Accounting Update: New Digital Filing System Launches for Foreign Enterprises — Key Takeaways

Digital Filing System Launch: What Foreign Enterprises Must Know On March 1, 2025, the State Taxation Administration (STA) launched the Digital Filing

Accounting Update: Penalty Thresholds Raised 15 Percent in 2026 — Key Takeaways

Accounting Update: Penalty Thresholds Raised 15 Percent in 2026 — Key Takeaways China’s State Taxation Administration (STA, 国家税务总局, guójiā shuìwù zǒng

Accounting Update: China Expands Pilot Compliance Zones to 8 New Cities — Key Takeaways

# Accounting Update: China Expands Pilot Compliance Zones to 8 New Cities — Key Takeaways China's State Taxation Administration (STA) and Ministry of

Accounting Update: New MOFCOM Rules Effective Q3 2026 — Key Takeaways

New MOFCOM Rules: A Strategic Shift in Accounting Reporting The new Ministry of Commerce (商务部, Shāngwù Bù) rules, effective in Q3 2026, introduce mand