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.

Who’s in Charge? China’s New Beneficial Ownership Filing Rules Explained

Author：ECOVIS Ruide China
Date：2025-04-30

As of November 1, 2024, China has officially introduced the Beneficial Owner Information (BOI) filing requirements for all business entities operating within the country. This regulation mandates that all existing entities, including companies, partnerships, and branches of foreign firms (collectively referred to as "Reporting Entities"), submit their beneficial ownership details by November 1, 2025.

Germany's New Rules for Minijobbers: What Employers Need to Know

Author：ECOVIS Ruide China
Date：2025-03-31

For German employers, hiring minijobbers can help reduce labor costs, with one of the advantages being the exemption from social insurance contributions. Recent amendments to the Part-Time and Fixed-Term Employment Act (TzBfG) may lead to your minijobbers being classified as employees subject to social insurance contributions. This article outlines how you can avoid this situation.

Two-in-One: China Integrates Work Permits and Social Security Cards

Author：ECOVIS Ruide China
Date：2025-02-27

Starting December 1, 2024, China will officially merge work permits for foreigners with social security cards into an integrated digital solution. This new system aims to simplify access to essential services for foreign workers while optimizing administrative processes. The reform reflects China’s commitment to modernizing its talent management and creating a more seamless experience for professionals from abroad.