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.
Making money in China is hard. Getting it out is harder.
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...
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...
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...
"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...
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,...
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...
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...
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...
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...
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...
For foreign-invested enterprises operating in China, receiving a visit from the tax authorities is never a pleasant surprise. Even well-intentioned and compliant businesses can find themselves faci...
This guide breaks down what the annual cycle requires, when each step must happen, what it costs, and what happens if you get it wrong.
Meta Description (155 chars): Complete guide for foreigners shopping on Taobao & JD.com. Learn registration, payment, agents, image search, shipping, and pro tips to buy from China overseas.
Complete guide to SaaS WFOE China registration for tech founders: costs, visa requirements, registered capital, business scope, and virtual office options.
** Rent an apartment in China without losing your deposit. Expert guide to contracts, disputes, agent fees, police registration & 2025 rental law protections.
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