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Maxxelli Consulting. All rights reserved.

Residents are generally subject to China individual income tax (IIT) on their worldwide income. Non-residents are generally taxed in China on their China-source income only.  An individual is taxed in China on one's income by category....

What is a WFOE? A Wholly Foreign-Owned Enterprise (WFOE, sometimes incorrectly WOFE) is a common investment vehicle for mainland China-based business wherein foreign parties (individuals or corporate entities) can incorporate a foreign-owned limited liability company. The unique feature of...

Asking youth a question "what is the most popular sport among your peers?" You may be surprised to hear basketball(lan qiu 篮球). Despite basketball being quintessentially western, it is the only compulsory...