Welcome to our ECOVIS Ruide News and Blog section

Here you will find information about our company’s events organization to accounting, tax and consulting topics on which regulators in China are about to publish, enforce or change regulations and requirements.

Furthermore you can via this page also access our Focus China Blog. Be ready for monthly updates in form of articles from our professional auditors and tax consultants, and news of events and changes in China’s tax laws as they happen.

Bookmark our site, and check back often to learn more about the news influencing your finance, controlling and accounting departments and to stay on top of changes to your business environment before and as they happen to the advantage of your overall business.

Hainan Free Trade Port Closure：Gateway for Foreign Investors

Author：ECOVIS Ruide China
Date：2025-12-18

On December 18, 2025, the Hainan Free Trade Port will officially implement a full customs closure, transforming the entire island into an independent customs special regulatory zone. This strategic move establishes Hainan as a leading hub for international trade and Free Trade Zone China. The customs closure mainly affects goods movement and customs procedures, while business travel and tourism remain convenient. With this implementation, Hainan offers a more open and flexible investment environment, attracting foreign companies looking to expand in China.

Cappuccino vs. Latte: How German VAT Turns Coffee into a Tax Puzzle

Author：ECOVIS Ruide China
Date：2025-11-24

Germany’s value added tax (VAT), or Mehrwertsteuer, is one of the country’s most important revenue sources and, at the same time, one of its most complex instruments. The system operates with two principal rates: the standard rate of 19% and a reduced rate of 7%, which is reserved for goods classified as basic necessities. While this dual-rate structure may sound straightforward, its application in practice can be surprisingly intricate. Few examples illustrate this better than the taxation of coffee.

China's Visa-Free Policy Extension

Author：ECOVIS Ruide China
Date：2025-11-04

As international business activities continue to gain momentum, we bring you significant news that holds great importance for economic cooperation: The Chinese government has decided to extend its visa-free policy for several countries, aiming to further promote international trade, investment, and economic collaboration. Here are the details: