Zou Haiyan, managing director of the Hong Kong China Tax Business Consultants Limited, said that with the expansion of business opportunities in the mainland after Chinas accession to the WTO, opportunities for co-operation between Hong Kong and Mainland accountants would increase. The establishment of a common business advisory body is more beneficial to each other.
Chen Ye Feng China Consulting Co., Ltd., under Chen Yu Fengs accountancy firm, specializes in the development of Chinese and foreign business. The theme of the conference is "How to integrate Hong Kong into the Mainland from the commercial level and how to build a successful enterprise in China with a pragmatic strategy. "seminar. In the light of their experience, the three speakers attracted over 70 representatives of local enterprises from different industry backgrounds.
In an "Expanding China Business Series 1" seminar organized by the Hong Kong Small and Medium Enterprises Association and the University of Hong Kongs School of Professional and Continuing Education, some speakers expressed the view that small and medium enterprises must be familiar with the local taxation system when developing their businesses in the Mainland. , In order to ensure the smooth development of business.
Beijing Beichen (588) reported an operating profit of 11.8% in the first half of this year, but its net profit dropped 10.4%. This year, the State Council requested the local government to cancel the 15% tax rebate for listed companies. % Profits Tax, which is 18% more tax than before.
The Income Tax Law of the Peoples Republic of China on Foreign-funded Enterprises and Foreign Enterprises (hereinafter referred to as the New Tax Law) encourages the development of foreign-invested enterprises on favorable terms. Compared with the original two foreign-related income tax laws, The principle of good, which in the new provisions on the relevant provisions of the tax law has made specific provisions. As the accounting work is based on the relevant laws and regulations of the country for financial accounting and financial supervision, the implementation of national policy is the specific substantive work, it can not be independent of the provisions of the Government
Chinas service industry, with Chinas further reform and opening up and vigorous development, competition is more intense, attracting tourists skills are endless, fish in troubled waters, when things happen. For investors around the situation in China is not easy to fall into the trap of bad service industry and suffered losses. In order to avoid the members of the Association to China to invest in the development needs of services arising from unnecessary trouble, we are all over the service industry in China to conduct a detailed investigation to verify the verification, the trusted service industry in this promotion, so that investors can be happy To enjoy the service, so that service providers can fame and fortune, and all happy.
Foreign investment in foreign-funded enterprises shall normally be invested in foreign currencies as capital stock and must pay in full the statutory capital registered in the government sector, that is, the registered capital, in accordance with the laws and regulations of the Peoples Republic of China. The form of payment of share capital may be in the form of a physical or a cash form, except as otherwise provided in an enterprise contract (or agreement). It may be fixed assets, liquid assets or intangible assets. assets. Depending on the acceptance of the business (including investors). This article only on foreign investment in the current part of the conversion of the problem, that is, the issue of swap foreign exchange share capital, to talk about personal views.
According to the specific purpose, according to certain principles, procedures and standards, the use of specific and appropriate methods to a unified currency in accordance with the relevant state laws, regulations, policies and information, according to the specific purpose of the assets assessment refers to the specialized agencies and personnel approved by the Government As a unit to redefine the asset price of a professional job.
Fixed assets are long-term use and maintain their original physical form of labor information and other material information, is used in the business life of a longer operating assets. In the course of use, the original value of fixed assets will be tangible and intangible loss of its occurrence and the transfer to the cost of goods or goods in circulation, and sales from the product or goods to be compensated, and transfer this part Value is called depreciation of fixed assets.