-
Q: What is Economic Substance law (“ES law”) and why does it exist in Cayman Islands? A: ES law refers to new legislation introduced in the Cayman Islands which responding to ...
-
The annual declaration of payment base of “five insurances and one fund” for 2020 have already begun. Are there any changes in this year’s declaration? This article aims to solv...
-
Q: When is the property, plant and equipment should be recognised as asset? A: Property, plant and equipment shall be recognised as asset when it is probable that the future eco...
-
Q: What kinds of Chinese ODI projects are encouraged? A: The encouraged ODI include: ODI projects that are conducive to Belt and Road construction and infrastructural connectio...
-
China's cosmetics industry continues to develop, has become the world's second largest cosmetics market, market size in recent years the average annual growth rate of more than 10%...
-
Q: What is Miscellaneous Work Pass (“MWP”)? A: The MWP is for eligible foreigners on short-term assignments, such as speaker at a seminar, religious workers or journalists. Q...
-
Q: What are International Business Corporations in Marshall Islands? A: International Business Corporations (“IBC”) refer to non-resident domestic corporations which registere...
-
Year 2020 is destined to be an extraordinary year. The COVID-19 has been shrouded for half a year in China. In order to promote employment and improve labour relations, now the rel...
-
Q: Does the Accounts of the International Business Corporation (“IBC”) in Marshall Islands need to be prepared? A: Yes. According to s.80 of Business Corporations Act (Part 1...
-
Individuals without domiciles and non-residents without domiciles have different accounting methods in the payment of personal tax. It has been regulated and explained in the Annou...
