In this episode of the Hong Kong and China Compliance Essentials podcast, Kristina dives into the implications of the recent US-China 90-day tariff truce. What does this temporary pause mean for businesses operating in or considering entering China's market? Should companies continue transacting there, or is it time to rethink their strategies—perhaps even establish a local subsidiary? Join us as we explore the current trade environment, strategic considerations for doing business in Ch...
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In this episode of the Hong Kong and China Compliance Essentials podcast, Kristina dives into the implications of the recent US-China 90-day tariff truce. What does this temporary pause mean for businesses operating in or considering entering China's market? Should companies continue transacting there, or is it time to rethink their strategies—perhaps even establish a local subsidiary? Join us as we explore the current trade environment, strategic considerations for doing business in Ch...
China Insight: China's Six-Year Rule for Foreigners: Key Points for 2024
China & Hong Kong Compliance Essentials
6 minutes
1 year ago
China Insight: China's Six-Year Rule for Foreigners: Key Points for 2024
China's "Six-Year Rule," set to take effect in 2024, significantly impacts the taxation of foreign residents. Under this rule, individuals who live in China for 183 days or more each year are considered tax residents. If they remain as tax residents for over six years, they become liable for taxation on their global income, including foreign sources. The counting of the six years began on January 1, 2019, with specific criteria for determining residency. Importantly, foreigners can ...
China & Hong Kong Compliance Essentials
In this episode of the Hong Kong and China Compliance Essentials podcast, Kristina dives into the implications of the recent US-China 90-day tariff truce. What does this temporary pause mean for businesses operating in or considering entering China's market? Should companies continue transacting there, or is it time to rethink their strategies—perhaps even establish a local subsidiary? Join us as we explore the current trade environment, strategic considerations for doing business in Ch...
