Sending Money from Singapore to China: Bank Transfer, Remittance Services & Digital Wallets Compared
Li Chang Jiang a Singapore-based chef regularly visits remittance center at Peninsula Plaza.
UPDATED
May 2026
UPDATED
May 2026
CPF vs China Social Insurance for Singaporeans Moving to China: What No One Tells You
When a Singapore-based marketing executive received a job offer in Shanghai they faced CPF dilemma.
UPDATED
May 2026
Representative Office vs Subsidiary vs WFOE for Singapore Companies Entering China
Choosing between a representative office, subsidiary, and WFOE is not a theoretical exercise — it is a decision with direct financial and legal consequences. Singapore companies that misclassify th...
UPDATED
May 2026
Singapore-China Double Taxation Agreement: What Singapore Business Owners Must Know
In early 2025 a Singapore-based trading company discovered they had been paying more tax than required.
UPDATED
May 2026
Singaporean's Guide to Starting a Business in China: The Complete Walkthrough
Singaporean Guide to Starting a Business in China — Registration Costs, WFOE Setup, Work Visa Options
UPDATED
May 2026
Sending Money Out of China — The 3 Legal Channels for Profit Repatriation from a WFOE
Making money in China is hard. Getting it out is harder.
UPDATED
May 2026
Your Bank Account Just Got Frozen in China — What to Do and How to Prevent It
Frozen bank accounts are one of the most alarming experiences for a foreign entrepreneur in China. Sudden inbound transfers from unrelated third parties, irregular transaction patterns, or expired bus...
UPDATED
May 2026
Getting Paid in China — A WFOE's Guide to Cross-Border Receivables and Inbound Payments
Receiving money from overseas clients into a WFOE's Chinese bank account is more complex than expected. Capital account vs. current account rules, the SAFE reporting requirements, documentary evidence...
UPDATED
May 2026
ICBC vs. HSBC vs. CMB — Which Bank Should a Foreign-Owned WFOE Choose in China?
Choosing a bank for your WFOE is a decision most foreigners make by walking into the nearest branch. But the wrong bank means months of frustration — rejected transfers, non-English interfaces, and br...
UPDATED
May 2026
Why Banks Keep Saying No — A Foreigner's Guide to Opening a Business Account in China
"I went to many banks, they said not allowed." China's banks have no uniform policy for foreign account opening; it varies by branch, staff knowledge, and luck. This guide covers foreigner-friendly ba...
UPDATED
May 2026
The WFOE Tax Calendar — One Full Year of Filing, Month by Month
Quarterly CIT, monthly VAT, monthly IIT, annual reconciliation — a small WFOE faces the same compliance burden as a multinational. This guide breaks down China's tax year month by month: what to file,...
UPDATED
May 2026
How Much Capital Do You Really Need? WFOE Registered Capital Under China's New Company Law
The 2024 Company Law compressed capital contribution to 5 years. Many foreign entrepreneurs who registered with nominal capital now face equity loss risk. This guide answers what you actually need, wh...
UPDATED
May 2026
You Got the Business License — Now What? The 30-Day Compliance Checklist for New WFOEs
Getting the business license doesn't mean you can operate. From bank account to tax registration, social insurance enrollment, and fapiao application — a new WFOE has 30 days to complete a series of s...
UPDATED
May 2026
Your First Employee — A WFOE's Guide to Social Insurance, Contracts, and Compliance in China
When a WFOE hires its first employee, compliance demands skyrocket: mandatory social insurance (pension, medical, unemployment, injury, maternity), housing fund, written labor contract, probation rule...
UPDATED
May 2026
Fapiao Decoded — The Foreign Entrepreneur's Guide to China's Invoice System
Special VAT invoices, general invoices, e-invoices, fully digitalized fapiao — China's layered invoice system is complex and unforgiving. The wrong type means your client can't deduct. Loss of blank i...
UPDATED
May 2026
Your Work Permit Is Expiring — A Guide to Renewal and Transfer for Foreign Professionals in China
Every foreign professional working in China knows the feeling. The calendar reminder pops up. Your work permit has an expiration date, and so does your residence permit. Two separate systems. Two s...
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