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.

New regulation of foreign debits

Author：Cokine WANG
Date：2017-09-30

It is well-know that the balance of short-term foreign loan and transaction amount of long-term foreign loan should not exceed the gap between total investment and the registered capital (hereinafter referred to as “GAP”), according to “Administrative Measures for Registration of Foreign Debts”. It is the only rule of foreign debits since a long time ago.

New tax regulation of trans-regional business

Author：Yi WANG
Date：2017-09-30

Our clients always meet followed questions: If theCompany got business operation out of the registered area, should the Company apply for tax registration? Whom should the Company declare to?

Brief analysis referring updates of revised CAS-14

Author：Christian WANG
Date：2017-08-31

Ministry of Finance issued on 5th July, 2017the revised “Accounting Standards for Business Enterprises No.14 – Revenues” (New CAS-14), in order to keep the convergence with “International Financial Reporting Standards or the Accounting Standards for Business Enterprises No.15– Customer contract revenue” (IFRS 15).