Hainan FTP Business Forum

Hello Abby Very interesting article, thank you for posting. I'd like to ask a question. We work with a company in the Philippians, they provide online work for us, digital design, creating marketing materials etc. for international use. We're based here in China. In this case, (they work physically...

Case: Company A (a Chinese company) plans to pay 10k RMB to Company B (a Spanish company) for a service that B provides to A. Can A just directly wire the money out to B in Spain? Does A need to declare and pay any tax for this payment? Answer: There are two scenarios, defined by where the service ...