Para el no-abogado entre nosotros, la formación de la entidad legal para un nuevo negocio puede actuar como barricada pequeña en los primeros tiempos. En China, la formación puede ser una barricada mucho más grande, especialmente pues un extranjero que intenta navegar los ministerios incontables, barreras linguísticas, desarrolla el guanxi necesario, y apenas generalmente figura hacia fuera cómo el sistema trabaja.

Debido a esto, mi idea era hacer mi negocio comenzar en China en nombre de un socio local que' d sea responsable de todo el gobierno, incorporación, y ediciones del impuesto mientras que me deja con el lado de la ejecución y de las operaciones del negocio…

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El proceso de importar, de distribuir y de vender mercancías de lujo en China levanta otros desafíos para las compañías, incluyendo un número de preguntas difíciles con respecto el tratamiento de impuesto, derechos de aduanas, logísticas y a la transferencia de la característica intelectual.

Los derechos de aduanas, la importación IVA y el impuesto de la consumición se pueden todos cargar en las mercancías de lujo importadas en China. The ability of brands to mark up their goods at dramatic premiums can also prove difficult to explain to tax authorities when the time comes to file income tax returns.

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By Marshall Taplits

China has been trying to stem an ever growing trade surplus, manage domestic inflation, move development from the coastal areas to the inland areas and decrease its dependence on heavily polluting industries.

Because of these objectives, manufacturing in China is becoming more expensive as China adds in hidden (and sometimes not so hidden) costs into the sourcing equation. 

Here are the top 4 reasons you can expect costs to continue to rise in 2008:

1. Reduced VAT Refund

When Chinese manufacturers purchase goods domestically for use in manufacturing, they pay a VAT (value added tax). For people in the United States or others who are not familiar with the term VAT, it’s essentially a sales tax. Historically, the Chinese government allowed for generous VAT refunds if the final manufactured product is for export. However, as of July 1, 2007, China has changed its refund formula. Many products have had their VAT refunds completely eliminated and many others have been reduced. Since Chinese factories typically take these VAT rebates into account when calculating profit margins, the reduction or elimination of them is likely to… Read the rest of “4 Reasons Sourcing from China will be More Expensive in 2008″ or post a comment

Getting prepared for your annual audit inspection

All foreign invested businesses in China are required to prepare annual financial statements, including balance sheets and income statements for their annual Chinese audit. Such accounts must be in accordance with the Chinese accounting standards for business enterprises – there are now no differences between standards for domestic and foreign enterprises. Foreign companies, including their legally responsible persons, must take full responsibility for the truthfulness, legitimacy and completeness of these…

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