Value added tax (VAT) is an indirect tax applied to the sale of goods and provision of services. In 2016, all sectors of the People’s Republic of China were unified into the government VAT system, while various VAT rates were implemented on a sector by sector basis. VAT unification stands to decrease the payable VAT…
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Disputes in labour matters involving cross-border elements can add an extra layer of complexity to your business. Specifically, court judgements awarded in one place but requested to be enforced in another place often require re-litigation in the court of the requested place. Customarily, the length of time and costs involved in pursuing multiple litigations could…
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Today’s globalised economy enables companies to provide services across the world. Cross-border business to business (B2B) often takes place via email or other digital communications, such as Skype, WeChat or other messaging and talk platforms. What's more, monetary transactions are equally carried out primarily using online banking. All in all, B2B moves fast in the…
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Recently, illegal entry into China, taking up residence and working has been included in the Awards for Reporting Illegal and Criminal Offences Implementing Measures (The Measures) in the southern city of Shenzhen. The Measures were issued by the Shenzhen Municipal Public Security Bureau on 16 May 2019. And while they only relate to the municipality…
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We're proud to announce that the China Collaborative Group (CCG) has launched its website (www.theccgway.com). CCG is a multicountry association of business, legal and tax advisors of which Horizons is a founding member. The team of advisors — spanning 17 countries and special administrative regions — serves to provide cross-border solutions that help businesses thrive…
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