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China Clarifies Individual Income Tax for Work-Related Injury Compensation

May 2012 | Servcorp

In order to fully implement the "Regulation on Work-Related Injury Insurances (Order of the State Council No.586, hereinafter referred as the 'Regulation')," the Chinese government issued the "Notice on Issues Regarding Individual Income Tax for Compensations of Work-Related Injury Insurances (caishui [2012] No.40, hereinafter referred as the 'Notice')" on May 3, 2012 in accordance with the income tax exempt items in Article 4 of Individual Income Tax Law of the People's Republic of China.

 

  • Go From Strength to Strength with Servcorp

    June 2012 | That's China Zhejiang

    Hangzhou has welcomed the arrival of Servcorp, an innovator in the Serviced and Virtual Office industry. It provides serviced office space for businesses needing a cost effective solution from which to operate as well as a unique product; The Virtual Office.

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  • China Releases 12th Five-Year Plan for Foreign Trade Development

    May 2012 | Servcorp

    China's Ministry of Commerce released the 12th Five-Year Plan (FYP) for Foreign Trade Development last week, which aims at an annual growth of 10 percent during 2011-2015 and a total of US$4.8 trillion by 2015.

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  • Industry Veteran argues small business cabinet seat is token move

    March 2012 | Servcorp

    The decision to give small business cabinet-level representation in Federal Parliament is nothing more than a token appointment, according to Servcorp COO Marcus Moufarrige.

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  • Can Michael Jordan Change China's Game?

    March 2012 | Servcorp

    Last December we did a post on the Qiaodan Sports Company, a maker of sports shoes that uses the Chinese transliteration of Michael Jordan's last name, without the endorsement of the superstar, and without license from Nike, owner of the Air Jordan Brand. Qiaodan Sports had $270 million in revenues last year, and is in the process of applying to get listed on the Shanghai stock exchange.

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  • Minimum Wage Levels Across China

    March 2012 | Servcorp

    As wage levels in China have recently come under scrutiny (Foxconn, a key supplier for Apple, raised salaries at their China factories by 25 percent earlier this week following international criticism), the country's actual minimum wage levels have been in place for decades and have been rapidly rising across the board.

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  • China Now Has Third Highest Labor Costs in Emerging Asia

    February 2012 | Servcorp

    An average worker in China costs more than the average worker in any other emerging Asian economy, save Malaysia and Thailand, when considered in terms of combined salary and welfare payments, China Briefing has found.

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  • Just What The Doctor Ordered A Dose of Entrepreneurial Metalearning from China

    February 2012 | Servcorp

    Entrepreneurship is a subject under intensive study at the University of Nottingham Ningbo, and a friend in the school's communications department recently sent me a summary of a research project about entrepreneurial learning. Reading through it got me thinking about the relationship between building a business and self-education, in particular as it relates to China.

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  • China Tax Laws - from Dezan Shira and Associates

    January 2012 | Servcorp

    As the Global Financial Crisis rumbles on, with certain reduced growth rates on the horizon for Europe and the United States, multinationals are looking elsewhere to achieve their business goals. Asia, a region riddled with wars and ineffective economic policies for much of the past century, has finally stepped into the front line of global trade and commerce. Like most things in emerging Asia, the tax world is dynamic.

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  • How to beat the big players

    December 2011 | Servcorp

    OVER the last 10 years big business has lost many of the advantages it once had making it increasingly easy for small businesses to compete.

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  • Blame Qantas? Blame the unions? Servcorp's Marcus Moufarrige Says Blame, and Change, the System

    November 2011 | Servcorp

    Sydney, 1 November 2011- With Qantas returning to the skies today after wide-spread industrial action and an unprecedented lockout of staff, Servcorp CIO and Sales Director and small-business champion Marcus Moufarrige said that the crisis - which hurt businesses all over Australia - could have been avoided.

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  • Business success

    November 2011 | Servcorp (Source: EURObiZ)

    Servcorp Japan Featured in November Issue of EURObiZ - Interview with Olga Vlietstra, General Manager Japan.

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  • At your service

    June 2011 | Property Magazine

    "The concept of serviced and virtual offices is gradually picking up in Dubai's commercial real estate sector, primarily because of two factors - convenience and financial benefits."

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  • Servcorp Onefone - One number, One bill, Onefone

    November 2009 | Servcorp

    Servcorp is pleased to announce the launch of the latest IT and communications product designed to help you do business more effectively. Servcorp Onefone offers you a better way to stay in touch wherever your work takes you!

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  • Servcorp Onefax - say goodbye to the fax machine

    July 2010 | Servcorp

    Servcorp is excited to introduce the next generation of faxing exclusively to Servcorp clients. We call it Servcorp Onefax and it's an easy-to-use, online fax-to-email technology.

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  • Servcorp Online

    December 2011 | Servcorp

    Exclusive membership to Servcorp Online is offered to all Servcorp clients. With this powerful system you can have total call management online, book boardrooms and meeting rooms instantly, store, share and distribute your electronic files, host a web conference via WebEx, convert your computer into a VoIP phone, reserve multilingual administrative assistance and much more.

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  • Cost Saving through Serviced Offices

    April 2011 | Servcorp (Source: Sabahemlak)

    Alfred Moufarrige, CEO of Servcorp introducing the concept of serviced offices to Turkey, stated that they would save 70% through these serviced offices.

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  • Get a global footprint, with Servcorp

    June 2012 | Servcorp

    A handpicked CBD location, professional support staff, world class IT and flexible working environment are key points to creating a successful business.

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  • Servcorp Loyalty Program

    December 2011 | Servcorp

    At Servcorp, we understand that markets are constantly changing and your business needs to be ready to react. The Servcorp Loyalty Program rewards Servcorp Virtual Office® clients for their ongoing support by offering extra flexibility and cost savings.

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