​In order to clarify some value-added tax (VAT) incentives for 2023, the China’s Ministry of Finance (MOF) and the State Taxation Administration (STA) jointly issued an announcement which specifies some changes regarding the VAT exemption policy for small-sca...

Which Enterprises Need an Annual Financial Audit? Which Enterprises Need an Industry & Commerce Annual Inspection?

As an emerging foreign trade format, the cross-border e-commerce industry has achieved explosive development during the pandemic and has become an important force in China's export trade. However, since 2021, China's cross-border e-commerce sellers have begun to encounter "B...