*On Wednesday, 18th of October, the Communist Party of china held its Communist Party Congress in Beijing, which is the twice-a-decade event. The central focus of Chinese President Xi Jinping was on the assured vision for the nation’s prosperity and its presence in the world. The “New Era” includes building country determinately governed by the party, being open to the rest of the world and...
Path: Blog...he stability of your business. Our turn-key business solutions also include accounting, audit and other financial services that may be required for client to sustain the business and stay compliant with local and international laws. Year by year, china keeps opening-up to the outside world and Offshorelicense Ltd keeps track of global trends observing the substantial moves of this important pla...
Path: BlogIn October 2016 came into effect revised Four Laws in china that were promulgated and amended by National People’s Congress (NPC)to attract and encourage inbound foreign investments. Year by year, china keeps opening-up to the outside world and OFFSHORELICENSE keeps track of global trends observing the substantial moves of this important player on the international stage. This time to attract...
Path: Blog... a common fact that the more you go tech - the more you get. The innovation and information technology companies are everywhere and the development of the artificial intelligence, virtual reality and other novelties continues 24/7. Since 2014, china launched **tax privileges for the high-tech firms**. These benefits can be applied relevantly easy: the company only needs to file documents to ...
Path: BlogWe have already informed our audience regarding the newest **Chinese tax regulations**, legal limitations and other **business rules**. It is notably complicated to take into account every small detail while establishing company in china, therefore, we have prepared the latest news about **broker activities** in china. Chinese legal entities have rights to perform their activities on the web ...
Path: Blog...ts contain different information. Even though the traders confirmed that the regulator is taking measures to restrict the access to some platforms, many of them still work normally. Regarding the fact that the government and financial authorities of china are very strict, sometimes entrepreneurs suffer from the new regulations and restrictions. Nevertheless, they already have the experience and ar...
Path: BlogDoing **brokerage business in china** can be a serious challenge for international companies. Due to the fact that the market is closed, it is hard to follow all legal requirements and at the same time earn traders’ trust. Trading platform **RootAnt** is now one of the best services that allows international financial institutions localize in china. It is a combination of services for broke...
Path: Blog*It is a wide-known fact that china had banned Bitcoin exchanges. The reason for this ban is the government’s statement that frauds and money laundering took place on the exchanges.* Before these bans, china had a trustworthy role as one of the biggest **cryptocurrency** trading markets. At the same time, this country is ahead with the mining business and became, actually, one of the cente...
Path: BlogWhen **moving your business overseas**, it is very important to consider local rules, technical requirements and work facilities. For business in china, these features also include choosing a **payment system** suitable exactly for you. AliPay, WeChatPay and UnionPay are the biggest and the most popular payment solutions for the Chinese companies. Their technical features and scope of work a...
Path: BlogThe Establishment of the **free-trade zone (FTZ)** in Shanghai, china, in 2013 was a result of the Chinese government plan. The main goal of this process was to implement **economic and social reforms** with the maximum efficiency. **The Shanghai FTZ has many advantages** for both - domestic companies and foreign businesses. In early November 2017, the FTZ released its development plan for th...
Path: Blog...ble businessmen in the world, claims that some governments are ready to create their own currencies to meet the demands of evolving innovations. Not only the Citigroup speaks positively about the Bitcoin, but also other major banks in countries like china, Russia, Japan and others. They already suppose that blockchain technology and cryptocurrencies can solve many problems with trans-border transa...
Path: BlogWe have already notified our clients about the pilot project of the **Free Trade Zone (FTZ)** in china. Its development plan was released in November 2017. The main idea is to create a unique space in Shanghai where international and Chinese companies will be able to function according to the international standards. The Chinese government claims that the FTZ will be mostly governed by the Eu...
Path: BlogThe President of the People’s Republic of china and the People's Bank of china announced their intentions to open up china’s financial markets to promote foreign competition. For now, foreign ownership is limited for banks and asset management companies. Within a few months **the foreign ownership cap will be removed**. These changes will open the market to foreign investors and banks, givin...
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