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.

Summary Guide to Tax Incentive Policy Highlights

Author:ECOVIS Ruide China
Date:2025-01-14

As the new year begins, we have summarized the key tax policies from the past year to provide valuable insights for your business planning and decision-making. Below are the highlights:

Why buying a Christmas Tree in Germany involves 5 VAT rates

Author:ECOVIS Ruide China
Date:2024-12-17

Christmas is just around the corner, and nothing sets the festive mood like a beautifully decorated tree. But did you know that in Germany, the type of Christmas tree you choose and who you buy it from can dramatically affect how much VAT (Value Added Tax) you’ll pay? From 0% to 19%, the tax rates for Christmas trees reflect the country’s unique and intricate tax system.

The "director contract" in a GmbH

Author:ECOVIS Ruide China
Date:2024-11-30

As Chinese companies accelerate their pace of internationalization, an increasing number of them are choosing to establish limited liability companies (GmbH) in Germany and appoint managing directors to oversee local operations. This trend underscores the importance of understanding the German legal framework and contractual requirements. In a German GmbH, the term "Director" typically refers to the position of *Geschaeftsfuehrer* (managing director or general manager). The appointment of a "Director" differs from hiring a regular employee, as it requires drafting a management contract, which is governed by the provisions of a service contract. This article provides an overview of the legal framework and key components of a "managing director contract" required when appointing a "Director" in Germany.