Beginning May 1, 2017, foreign businesses selling digital content and services to consumers in Taiwan must register as tax entities, issue government invoices, and timely report and pay VAT. EXECUTIVE SUMMARY On December 28, 2016, President Tsai Ing-Wen signed and...
There is a popular metaphor in business circles about a 19th century experiment in which researchers concluded that frogs, when thrown into a pot of boiling water, would jump out to survive; but if the frog was placed in a pot of cold water where the temperature was...
Many Chinese companies wish to expand business internationally. Some are already operating overseas and some are new explorers. Looking, seeking and finding good opportunities and cooperators that can supplement existing business or create opportunities for new...
We are wanderers at the ends of the earth. But to meet each other here, why must we have met before? In the 1970’s, in New York City (“NYC”) Chinatown, I met a famous Chinese-American folk-singer and story-teller. His name is Charlie Chin, and he began a song...
If and when Taiwan is pressured to join the OECD CRS scheme, Taiwan’s government will automatically receive financial, deposit, securities and banking information of its citizens from governments and banks of 96 countries. Taiwanese families and high-net-worth...
As signatory to the OECD CRS scheme, China’s government will automatically receive financial, deposit, securities and banking information of its citizens from governments and banks from 96 countries As China has opened to the outside world over the last three...
Nicholas V Chen explains that depending on one’s business goals, one will necessarily select a China legal structure specifically tailored to conduct such a business. Unlike in some western societies where one form of company can be used for a broad unlimited...
Cartoonist David Horsey earlier this year created an image of an anxious Uncle Sam asking a fortune teller, “Can you tell me about my future?” She responds: “Hmm … I would, but I can’t read Chinese.” The fortune teller’s words...
Nick provides a detailed chart of the process to establish a joint venture in China. This roadmap demystifies the process by setting forth clearly the role and tasks of each participant in a joint venture formation, from the concept stage through the wrap up stages. I...
