Posted by Sue Tuson on July 18, 2019
Thinking of expanding your business overseas? The first question is usually, “What’s the best way to start? Should I set up an office immediately or use an independent contractor familiar with the country?”
Posted by Nina Wang on July 16, 2019
In response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020.
Posted by Sue Tuson on July 2, 2019
The 2017 Tax Cuts and Jobs Act (TCJA) has made C-Corporation status much more attractive to business owners, and the 21% flat tax rate has caused many to consider whether converting to a C-Corporation may be worth the switch.
Posted by Teresa Gordon on July 2, 2019
International businesses expanding into the US, whether a manufacturer, distribution company or professional service firm, face similar challenges. Operational issues such as supply chain, vendor management and process or production optimization require close attention, as do human resources, sales and marketing.
Posted by Teresa Gordon on June 24, 2019
The 2019 SelectUSA Investment Summit was recently held in Washington DC. Because this is the most significant event dedicated to promoting foreign direct investment (FDI) in the US...
Posted by Tim Hilligoss on May 7, 2019
More and more companies today are venturing into the waters of international business. While the potential rewards of global trade are great, so are the potential risks.One of the biggest risks lies in not understanding the distinct cultural subtleties and nuances that exist from one country to the next.
Posted by Carlos Calderon on March 19, 2019
When looking at the competition – especially in the automotive industry –the question on whether it makes sense to expand to Mexico will ultimately arise. Our clients ask this often enough for us to note the key considerations required before determining if this opportunity is right for your business.
The year of 2018 was essential to the world’s two greatest trading nations: the United States and China. Throughout 2018, the Trump administration proposed and launched a series of policies imposing additional duty rates on a wide range of products imported from China. China retaliated immediately by publishing a list of products imported from US as targets for an additional 25% tariff. This trade friction is sweeping worldwide and has significant impacts on businesses.
Posted by Nina Wang on January 28, 2019
On August 31, 2018, China passed the Draft Amendment to the Individual Income Tax Law (IIT Law), which is the most significant revamp in the past 38 years. The amendments will have a significant impact on foreigners living in China. The following is an overview of the key changes that may affect individuals in the global mobility arena.
Posted by Nina Wang on January 10, 2019
In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).