Author: admin

  • China’s New Regulations Against Underground Banks!

    China’s New Regulations Against Underground Banks!

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    According to Xinhua News Agency, the Supreme People’s Court (SPC) and Supreme People’s Procuratorate (SPP) have issued a joint circular on Several Issues concerning the Application of Law in the Trial of Criminal Cases of Fraudulent Purchase of Foreign Exchange and Illegal Foreign Exchange Trading, which stating that any unlawful foreign currency trading actions like speculative buying and selling and foreign exchange fraud that…

  • AI Traffic Police Is Coming?!

    AI Traffic Police Is Coming?!

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    Since today, AI traffic police is arranged on the roads in Guangzhou which will snapshot and warn those breaking traffic law. 即日起,广州市内人工智能交警已部署完毕,将对违反交通规则的行人及车辆抓拍并警告。 Photo:http://www.tuxi.com.cn Main snapshot objects: Passerby who are running red lights, drivers who are talking on the phone while driving, not wearing seatbelts or changing lanes and the other breaking traffic law behaviors. 主要抓拍对象:闯红灯的行人、开车打电话、不系安全带、乱换车道等违反交通规则的行为。 The main roads which are arranged AI traffic police: 主要抓拍路段: Photo:http://www.baidu.com 1. Yue Jiang Road (Haizhu Area), Hua Di…

  • Fail To Pay All The Medical Insurance Before Retiring?

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    What should we do if we reach the mandatory age for retirement but fail to pay all the medical insurance for the fixed number of year? 达到法定退休年龄,但是未缴满医保年限,怎么办? According to Article 16 of Guangzhou Social Medical Insurance Regulations, there are two kinds of minimum payment period of medical insurance: 医保最低缴费年限 (两种情况) 按照《广州市社会医疗保险条例》第十六条的规定 Photo by rawpixel on…

  • The New Version Of Business License Has Been Issued!

    The New Version Of Business License Has Been Issued!

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    According to the notice of the General Administration of Market Supervision, since March 1, 2019, the new version of business license will be put in use throughout the country. In the future, all kinds of market entities whose establishment have been approved by the registration authorities, and approved to change or renew business licenses will…

  • The Foreign Individual Income Tax Policy Has Changed!

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    We have talked a lot about personal income tax policies for foreigner nationals before. Today in this article, we will talk about specific matters again and also tell you something about the new foreign personal income tax rate. 我们之前也谈过很多次关于外籍人士的个人所得税相关的政策,今天在这篇文章里面,我们会再次详细谈谈具体的事项以及新的外籍个人所得税税率。 Beginning with the definition: What is a foreign individual? The foreign citizens, and also overseas Chinese,…

  • Avoid Tax With Private Account? No Way!

    Avoid Tax With Private Account? No Way!

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    Previously, the Ningbo tax authorities tracked and investigated a design company based on the clues which found during the personal income tax verification and cracked a tax evasion case. L design company evaded the value-added tax, corporation income tax and personal income tax totaling 184.572 million yuan through virtual invoicing. To against illegal acts of corporation as mentioned, the tax authorities have made the punishment…