In China, ‘fapiaos’ or invoices are the most important document for tax reporting. They are considered the ‘gold standard’ for a business’ taxable income. However, Axel Standard argues that this system does not always provide the most accurate picture of a firm’s revenues.
How the outcomes of this year’s Two Sessions could impact European small and medium-sized enterprises.
How China’s 5G industry has developed so far, and where it might go in the future.
With the ‘Two Sessions’ now behind us, the European business community in China is looking at the rest of the year and evaluating how the many laws passed during the meetings will affect us. Several pieces of legislation that were approved are foundational documents that…