Law Firm Offering Business Registration And New Company Incorporation In Hong Kong

Law Firm Offering Business Registration And New Company Incorporation In Hong Kong


Foreign-invested commercial enterprises, commonly known as FICE, are fast becoming an ideal way for foreign investors to enter China's Mainland market. Previously, foreign companies could only form trading companies on their own if they registered in the country's Free Trade Zones. However, as part of China's WTO commitment to let foreign-invested enterprises exercise trading and distribution rights, starting from December 11, 2004, foreign investors have been allowed to set up FICE in the country to conduct wholesale, retail, and other permitted businesses. Definition of FICE A FICE refers to an enterprise with foreign investment that engages in the following business activities: Commission agency: Sales of goods as an agent, broker, auctioneer or sales of others' goods as a wholesaler through collection of fees on a contractual basis; and the related ancillary services thereof. Wholesale: Sales of goods to retailers, consumers from industry, trade and organizations, or to other wholesalers; and the related ancillary services thereof. Retail: Sales of goods to individuals or groups in fixed places or through television, telephone, mail order, Internet, or vending machines; and the related ancillary services thereof. Franchising: Authorization of the use of its trademark, trade name and operational mode through signing of contracts for the purpose of getting remuneration or franchise fees. Given that the spotlight is really on the growth of the China consumer market at the moment, our experience is that in the last couple of years we've seeing a large influx of foreign investors investing China by establishing a business in hong kong, comments Cory Lam, senior business development associate at Dezan Shira & Associates.

This is particularly apparent around the Yangtze River Delta region where many companies are looking to bring their high-end Western brands to the growing retail markets of Shanghai, Hangzhou, and Suzhou. FICE: Pros and Cons Establishing a FICE is one of the best ways for a foreign company to distribute its products in China. The pros and cons of a China FICE are listed below. Pros Can sell in RMB to local Chinese customers and issue fapiaos Ability to benefit from VAT rebates if exports are done through the FICE Can take control of the supply chain and expand the range of suppliers in China by purchasing in RMB Can establish and operate branch offices anywhere within China Can be 100 percent owned by a foreign entity Can hire directly Has no annual turnover or minimum asset requirements FICE can also carry out a wide range of activities, including wholesale, retail and franchising trade activities in China. Cons Requires registered capital to establish usually at least RMB500,000 to become a General VAT Taxpayer Can take several months to set up (typically 4-6 months) Export and VAT issues can be complex Need to obtain permission from several bodies The legal minimum capital under the law is RMB100,000 for a company with multiple shareholders, or RMB30,000 for a single-shareholder company. However, as the registered capital must reflect the needs of the business, it is usually far higher than the minimum requirement.

Depending on the type of operation, typical minimum capital required for approval is between RMB500,000 and RMB1 million. FICE: Tax Treatment The major taxes which apply to a FICE are value-added tax (VAT) and corporate income tax (CIT). Other taxes, such as business tax, consumption taxes, tariffs, property taxes, stamp duties, or vehicle and vessel usage license taxes, may also be payable based on different situation. Corporate Income Tax The taxable income of an enterprise is the net income after deducting the relevant business costs, such as administration, marketing and financial expenses, taxes on sales and depreciation. The standard CIT rate for a China FICE is 25 percent, the same as for Chinese-owned companies since 2008. Value-Added Tax All enterprises and individuals engaged in the sale of goods, provision of processing, repairs and replacement services, or importation of goods within China shall pay VAT. Under that structure, there are two types of VAT payers: VAT general taxpayers VAT small-scale taxpayers For the VAT general tax payers, the tax rate is generally 17 percent for most products. The tax payable shall be the balance of output tax for the current period after deducting the input tax for the current period. The formula for computing taxes payable is as follows: Tax Payable = Output Tax for the Current Period Input Tax for the Current Period For VAT small-scale taxpayers, the tax payable is: Tax Payable = Sales Amount x Applicable Tax Rate of 3 percent Most clients do not know that VAT registration will become a big part of the set up process, comments Lam. For FICEs, it is imperative to obtain the VAT general taxpayer status since without this they cannot deduct the VAT In from the VAT Out, and this will have a big impact on the margins. Gangfeng Group is foreign investment agent, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. Since its establishment, the firm has grown into one of Asia's most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.

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What To Look For When You Are Hiring A Divorce attorney

It can be a tussle finalizing a divorce. There are procedures and signatures needed before the divorce is made final. Family lawyers are specialists that will help you get through the divorce process. Divorce attorneys will represent you in court if there is any issue in the divorce and will ensure that your needs are met through the law. You will find several companies that offer divorce attorney services. This may prove a hard task when looking for the best. Consider the reasons why you need a divorce attorney. It is very crucial that some digging for information is done when looking to find the best. The following are some important things that you need to know before hiring a divorce attorney.

Consider the level of experience that the divorce attorney has. The lawyer's website page is likely to contain information on the level of experience that the lawyer has. A lawyer has to undergo studies and be trained in their area of the specification before they male any conclusions. For you to get competent and high-quality services, consider a divorce attorney that has experience. A company that has been in business for years will be sure to have gained the trust of many of the customers that they have worked with over the years. A divorce attorney that has been in business for years is likely to be popular and have a good name among people that have heard of them.

Seek referrals if you are looking to find the best divorce attorney. A divorce attorney that many people can refer you to should be considered. Referrals can be found from family, friends, or colleagues of the lawyer. You could use the help of a loved one that had gone through a divorce and they had hired a lawyer help them in the process. Other lawyers can also refer you to one of their own whom they deem offer the best services. Ensure that the people you seek referrals from are trustworthy.

Online reviews are also things to look into when hiring a divorce attorney. Consider reading online reviews so that you get more information that concerns the divorce attorney. Spend time reading them and this will help you understand what other clients have gone through while working with the divorce attorney. Consider a lawyer that will work to fulfill the needs of their clients as they will get more reviews that are positive. It is through online reviews that one learns of what the divorce attorney is known for. A divorce attorney who has a good name is sure to offer good quality services. Work with a client that will show you that most clients have had their needs met.

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Advantages of Online Styling Subscription Platforms

It is important for individuals to ensure they look presentable most of the time. Looking presentable is one of the things that helps people look neat. Cleanliness of the attire they are putting on is not the only thing that can help in ensuring this. They have to ensure they put into consideration the various color of attire they are putting on together with the accessories they have. People can seek the services of a stylist to help them with this. There are various online subscription sites that offer people these services such as nadine west. Some of the merits associated to online styling subscription platforms such as nadine west are explained here.

The first benefit of seeking the services of an online specialist services from an online platform such as the one for nadine west is one will be able to get access to these services easily. People find it difficult to find a stylist to help them. People have to therefore ensure they know people who can help them out easily or research on where they can get these services. But with online platforms such as nadine west people can easily get access to styling services.

The other benefit of seeking the help of a specialists from an online subscription specialist from a nadine west is one is able to get these services depending on his or her preference. There are various things that normally have to be put into consideration by individuals when they are looking for a stylist. One of the things they have to consider is the type of attire they have, color and even material. With online platforms such as nadine west one is able to get styling services according to what they have.

Online sites are among the most preferred for providing styling services to an individual because of the convenience they offer to individuals. These stylists will provide styling services based on how the client wants to dress for a particular occasion. Site reviews can be used to ensure that the services you get will be convenient. Reviews from nadine west are mostly positive meaning one will get quality services.

In order for one to get the services of a stylist he or she will mostly be required to pay him or her. This at times depends on the number of times that one will go to the specialist. This can turn out to be costly for some of these people. But there are ways through which one can make this process to be cheap and costly. Subscribing to online sites is one of the ways through which people can make this cheap. Here, they pay for these services after some periods of time which also guarantees them getting these services without any limits in between the time they have paid for in the subscription.

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A Guide on How to Send Out a Scholarship Press Release

Giving back to society can be done through scholarships Scholarships would be of help to kids who will access the best colleges worldwide. Some people provide the memorial scholarship to honor their loved ones. Some people have the first generation scholarships cater to their high school entire fee. Conversely, a press release has to be sent to ensure that people get a word of the scholarships you are providing. With this page, you would know how to deliver the best press release to inform people about your scholarships and reach out to the right students.

You should determine how you can deliver the best press release. Your scholarship press release has to be amazing and captivating to ensure that the journalist who will read it will wish to audit it in their websites or even newspapers. Therefore, you would ensure that you have looked for more info on how to develop the best press release report to ensure that it passes and captivating to ensure many people would read it.

You would need to determine the right journalists who would be on the heels with your scholarship press release. It can be hard to find the right journalist for your scholarship store even though you can find many journalists available. Hence, you would need to find the journalists who have been covering the scholarship press releases. You would find several journalists who can handle your scholarship press release of which you would reach out to the world and find the students who would be fit for this scholarship.

You should consider finding the contacts of the journalist you have identified to cover your press release for scholarships. The reason behind this is that you will have to discuss more about your scholarship press release with the journalist. This shows that the relevant contact info for the journalists you are looking forward to working with when it comes to your scholarship press release should be located. This is ideal because once you are done with preparations, then it would be easy for you to reach out to the journalist who will cover your scholarship story.

You would need to use an email for you to send out the scholarship press release. Therefore, you would need to write up the best pitch when contacting the journalist who will handle the press release. You need an excellent and amazing pitch. This is because you need to ensure the journalist reads your pitch and accepts it to meet you, or even get your scholarship story to determine whether it is worthy to release through the press. Hence, ensure that you send an amazing pitch to all your target journalists.

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What to Know About Personal Injury Compensations

Almost anybody can get hurt. The things that can hurt people are so many. In the event that you get injured, you will have to get treated for the injury that you have incurred. Seeking medical attention is to ensure that your injury will be treated is that you can heal. You will only be able to get treatment when you pay for it. To add more to that you could have become incapacitated and therefore not able to work. It is for this reason that you should get paid by anyone that has caused you to get injured. You will get money from the person if you choose to sue that person. There is no specific amount of money that you can be sure to get as compensation from the person you are suing. If the personal injury lawyer that you have is very good you have a high possibility of getting a lot of money. Knowing what amount of money you should expect from the case is nice. Learn more about personal injury compensations in this article.

To start with you should know what a personal injury case it. You will know more about all this when you do that. A personal injury case stems from an injury that you have incurred due to someone else. You will need to pay money to get treated. This can drain you a lot. The law of many places will allow you to sue someone. For all this, you must have a personal injury lawyer.

it is not very easy to chose a very good personal injury lawyer. There is a very high number of a personal injury lawyer that you can get. If you choose a good one, you will be able to get a lot of money from the lawsuit. How good or bad the personal injury lawyer is can determine the money you get.

More than one thing determines what you can get. You should get to know how much money you can get for the lawsuit. You should consider how much you will give the lawyer.

To add more to that you should talk about the cut of the winnings the lawyer will take. In most cases you will not have to pay the lawyer from your money. In the event, you do not win the case you will not have to pay for the personal injury lawyer that you hire. It is very important you have read the personal injury lawyer's contract before you sign it.

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All You Need to Know About the Best Music Investments in The Market to Venture in

Most people today dedicate most of their time listening to songs and music regardless of what they are doing; whether working, exercising, chilling, entertainment, you name it. Today, many people are using streaming platforms so that they can play some music; thus, it means there is still a lot of thirst for music play, discover more here!. If you are looking forward to investing; then, this is one great opportunity. There are so many people that are earning a lot from music and you might need to be one of these people. Through music, there are so many ways in which you can be able to invest and make good money. In this article, we will discuss some of the music investments you can put money into and will help you make a lot of earnings.

Buying stocks in streaming is one of these major ways of investing. Anyone with an idea of investing in music, one of the major ways that you can make the money is from stocks that music companies are selling. Companies providing music streaming are among the companies that have not been affected by the COVID-19 pandemic. Companies like Amazon Music (AMZN) and Spotify (SPO) are some of the best companies just to name a few that you may be able to put your money and make very good returns from your investment.

Partnering with small music shops is another good idea whereby you can invest in the music industry. You cannot fail to see one or two record stores or instrument shops that are serving the community as you walk across the streets. Has it ever crossed your mind that you can be able to become a co-manager of that shop and it can be a very good business? You can be able to offer some cash to the shop owner and then from that, you can get a stake in the part of the company as an owner. You will get to be a business owner and make the shop's success impact and through it, you can make some good money out of it.

Acquiring music rights is another way you can able to make your way as a music investor. Getting exclusive access to the rights to the songs of a certain artist, you can make some returns when they sell their music. Approach some music bands that are upcoming and offer them money for the rights to their music.

Starting a music school is another investment that is worth a try in the music market. A music school is profitable as through teaching music students, that is where you will earn some money. What is essential is to have accreditation from the state authorities. In summary, the above are some of the best music investments.

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Information On The Best Foot Care Products

If you did not get started on the importance of foot care, understand this is a very crucial aspect in your general health. When you are thinking about foot care it is obvious that you will think about foot care products. There are certain things that you will do which will guarantee of proper foot care. Anytime you are selecting socks and shoes make sure that they are not too tight because these can affect the condition of your feet. Wearing the right size of socks is the only guarantee you have that your feet will be breathable and for that reason you will minimise the possibility of getting athlete's foot. Make sure that you do not wear the same socks for two days in a row. It is worth noting that there is nothing as important as ensuring that you wear clean socks so that you minimise the possibility of getting food related complications.

After taking a shower or washing your feet it is advisable that you leave no wetness in your feet. You do not want any form of dampness in between your toes because this is one of the reason why you might get infections in the toes or the feet. If possible you could try to dry your feet in the sun sometime.

Another important thing to see here when it comes to foot care is to ensure that you moisturize your feet. As long as you want to enjoy softer foot skin as well as softer heals then it is advisable that you moisturize your feet. In case you are concerned about the selection of the feet moisturizer make sure that you research about foot care products before hand. You also have to make sure that your toenails remain short as they can give a perfect environment for infections. There is a possibility that the condition of your feet has a closer relationship with the type of foot care products that you decide to use. There are quite a number of steps in this page that will help you during the selection of foot care products. If you have allergic reactions to certain components then it is advisable to go for the foot care products that are from natural ingredients. There is nothing as important as specialist consultation especially when it comes to the choice of foot care products. There is a possibility that some people are tempted to go for foot care products even when they have very little information about the same and this can be very dangerous. It is advisable to use every means possible and continue here to purchase the best foot care products and if possible go here and ask people who constantly purchase these products.

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Things You Need to Put Into Consideration When Looking for the Best Dram Shop Expert

When looking for a bar expert, it is always crucial to choose the best. There are several shops that offer Bar Expert Witness Testimony services, you need to make sure that you receive from the best firms. You may find it hard to choose the best Nightclub Expert Witness Testimony to serve you in case you are new in the field. Here are some elements that will help you choose the best Nightclub Expert Witness.

Once you do your budget, it is likely that you will not end up spending more than you expect. Before getting into a commitment with a company, it is always important to consider the cost of service. This will help you get a list and from it, you will be able to choose a company that meets all your conditions as a client. Auditing on the level of expertise is yet something else thing that you ought to do as a clientele.

Another hint that you condition to look into is the license. If you find a Preston Rideout expert that has this document then it means that he has met all the qualifications that are required so that he can offer you the kind of services that you condition. This license must be from there relevant authority so that you can be sure that the Preston Rideout Bar Expert is professional in the kind of services that he offers and also he complies. You condition to know that if you choose a company that has not been licensed then it is likely that you will not get quality services.

The other thing that a client must look into is the insurance cover. You condition to know that this document is also exact important. There are some accidents that may come up when the dram shop expert is offering you the kind of services that you condition. If you want to be compensated in case an accident comes up then it is important that you pick a company that has been insured. You also condition to know that the experience of the company that you want to pick also matters. A dram shop expert that has been offering these services for a long time is perfect since he has gained a lot of skills. Always confirm the status of different dram shop experts. Also you can ask for references since that is equally important.

A Preston Rideout Bar Expert Witness that has been offering these deals for a long time is the first-rate.

One must choose a dram shop expert that can be able to advise him in the perfect way. When a client is informed then it is likely that he will be able to make better choices.

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Things to Look into When Looking for a Criminal Attorneycriminal attorney

You need to be keen to ensure you criminal attorney in bethlehemchoose the ideal Criminal attorney for your project. To get quality services, you have to ensure you are careful. criminal lawyer lehigh valley Various Criminal attorney are in the industry and that makes it hard to choose the right one for your needs. Use the details given in this article to choose a good Criminal attorney.criminal lawyer near me

Reliability is something you have to consider when choosing a criminal attorney. DUI lawyerChoosing a criminal attorney that is reliable DUI lawyer in PAis helpful to ensure you are at ease the services will be delivered to the level best. When a criminal attorney is reliable, you will find pleasing customers is what interest them the most. DUI lawyer lehigh valley Choosing a reliable criminal attorney will help you access what you want at the time you desire. You can ask past customers of the criminal attorney about the reliability before you make choice. You can also consider some details of the criminal attorney to helpful, you figure out the reliability. The key to accessing goo services is choosing a more reliable criminal attorney.

It is important to consider communication pattern when choosing a criminal attorney. The criminal attorney you choose has to listen to you so you can access what you need on time. It is vital to communicate to have an idea of the quality of services the criminal attorney you choose can deliver. Choose a criminal attorney that hasthe best criminal lawyer near me the best communication pattern when considering it. When you choose a criminal attorney that has a good communication, you can be certain you will get the ideal services for your needs. felony lawyerThe communication pattern of a criminal attorney will be good when its main interest is giving you good services.

You have to consider the cost of the Criminal attorney. Choosing a Criminal attorney that ahs a realistic cost is crucial for you to access the best services. it is helpful to check the cost because it is not the same from all HVAC companies.free lawyer consultation

Experience should be one the major things you consider when choosing a criminal attorney. To access quality services, you need to choose a criminal attorney whose experience is goof. It is important to access what you are seeking by considering experience before you choose a criminal attorney. A criminal attorney that has high experience will have the best to offer when you consider it. Check the time the criminal attorney has aggressive criminal lawyerbeen in the market to know experience. You can also check the quality of services the criminal attorney has delivered so you can know experience. It is vital to choose the most experienced criminal attorney out of the options you have to make sure you get pleasing services.the best criminal attorney

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How to Hire the Best Criminal Attorney

It may happen that you have been accused of committing a certain crime whereas you know very well that you are clean. This is not something new because it's something that has been happening and even when you go to cells you will find many innocent people who have been jailed. When in such a situation, it is good to look for a professional DUI lawyer to present you in the court of law so that you will get the justice you deserve and you can look for a lawyer who offers free lawyer consultation services to ask about this. Since many criminal lawyers are trained to offer these services, you must ensure that you select the one who is aggressive and therefore these considerations must be observed.

Ensure that you consider the reputation that the attorney has. it's important to ask yourself a few questions first and you must ask yourself, do I need a DUI lawyer near me and why should I look for one? If you want to know the reputation of the attorney with ease, you need to go for a local one because many people know him or her and therefore they can tell you about him or her. In the event that you do not want to go asking individuals face to face about the attorney, you can check customer reviews on his or her website but it will be important if you combine these two processes.

You must take a look at the dependability of the criminal attorney before you hire him or her. If you are looking for a DUI lawyer allentown, make sure that he or she is good at his or HR work and he or she is dedicated towards the work he does so that you will not have to work with someone that you are going to push around to work.

Ensure that you look for a criminal lawyer who is certified when looking for these services. When it comes to expertise, it's not something that you should overlook when you are in need of a DUI attorney since that is the one you need for you to get better presentation since your aim to get a lawyer s for you to win and not to lose the case.

Ensure that you take into account the experience of the lawyer. You need an attorney who is not going to get confused while in the court because he or she has not been there before or maybe he or she has been there for a few days. Its through experience that you can have trust that the lawyer won't chicken out as he or she presents your case since he or she has done this severally and therefore he or she knows the best way to do this. You must know that when it comes to experience, it should be geared towards the same field.

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Merits and Demerits of Choosing to Purchase Medicine Originating From Other countries

every person can be able to get sick. And when you do you will need to get treated. Being given prescription medicine is a key area in getting sick. In some countries, prescription medicine is very expensive. And when it is as it is, most people are not able to afford it. In the event that you can not be able to afford to buy prescription medicine in your own country, you can buy prescription medicine from another country. A big number of people do this. Online is the one place that you can purchase prescription medicine in this form. You will get advantages and disadvantages to using this method. You should read more about this here so that you can make a more informed decision.

The biggest merit to this method of getting prescription medicine from other countries is that it is very convenient. A good and stable internet connection is what you will need to purchase the medicine. This will be the method that is perfect for all those who are immobilized from their condition. The one demerit to this is that prescription medicine is easily delayed. The problem with this is that in the event you are running out of medicine and there is a delay, you will not enjoy it.

You will always be sure that the prescription medicine you get from foreign countries is legit. Most prescription medicine that you will buy online will be legit as long as you buy it from a certified website. Before you buy the prescription medicine make sure that the website that you choose is very real. The con to this is that one can easily set up a website to sell the prescription medicine with a fake license.

The cost of buying prescription medicine like this will also be very low. There is an absence of retail price because the purchase is straight from the pharmacy. The main drawback of using this method to get prescription medicine is that you will have to bear the cost of prescription medicine. The cost of prescription medicine will never be paid for by the insurance company.

To end with you should know is that there is a wide range of prescription medications. Most online pharmacies have a lot of stock of prescription medicine. The one big con to buying prescription medicine from other countries is that there could be a certain group of prescription medicine that you will not be allowed to buy. The main cause of this is that there are set laws that bar buying of some prescription medicine online.

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