Fapiao in China: Types, Verification and VAT Use
What is a fapiao in China? Learn the difference between special and general VAT invoices, how to verify a document and when other tax evidence may be accepted.
Policy topic
Tax & Accounting
Tax registration, bookkeeping, filing obligations and practical tax guidance for companies operating in Hainan.
Hainan Substantive Operation: What the Test Requires
Substantive operation decides whether a Hainan company gets the 15% rate. What is examined, how conditions interact, and the evidence to build.
WFOE Registration in China: An 8-Step Guide
A structure-specific guide to WFOE registration in China, from negative-list screening and capital to business scope, banking and ongoing compliance.
Hainan vs Singapore for China Market Entry
Singapore is a regional base; Hainan is a mainland operating entity. Compare tax conditions, substance requirements and when groups use both.
Hainan vs Hong Kong: Which Company Do You Need?
Hainan and Hong Kong solve different problems. Compare mainland operating access, conditional tax rates, setup and ongoing obligations.
Bookkeeping and Accounting Costs in China: What's Included?
What should a China bookkeeping quote include? Compare monthly accounting, tax filings, payroll and annual work without relying on a headline fee.
How Much Does It Cost to Register a Company in China?
The full cost structure for a foreign-invested company in China, from licence to operating readiness, and the variables that move the total.
Hainan Company Registration Cost: What Drives the Price
A focused breakdown of Hainan company registration costs, including one-off setup, address and document handling, operating readiness and recurring compliance.
Hainan’s 15% Corporate Income Tax: Who Qualifies?
Hainan’s 15% corporate tax rate is not automatic. Learn the encouraged-industry, 60% revenue and substantive-operation tests companies must meet.
How to Repatriate Profits from China
Learn how a foreign-owned company can send dividends overseas, which tax and bank documents are required and how Hainan treats cross-border funds.