PHC Advisory Tax and Accounting

PHC Advisory Tax and Accounting PHC Advisory Tax & Accounting, a company of DP Group, is a very dynamic and responsive boutique.

๐Ÿ‡จ๐Ÿ‡ณ ๐’๐ก๐š๐ง๐ ๐ก๐š๐ข'๐ฌ ๐„๐œ๐จ๐ง๐จ๐ฆ๐ฒ ๐†๐ซ๐จ๐ฐ๐ฌ ๐Ÿ“.๐Ÿ”% ๐ข๐ง ๐…๐ข๐ซ๐ฌ๐ญ ๐‡๐š๐ฅ๐Ÿ, ๐๐ž๐š๐ญ๐ข๐ง๐  ๐๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐š๐œ๐žJuly 20 -- Shanghai's gross domestic product expand...
21/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐’๐ก๐š๐ง๐ ๐ก๐š๐ข'๐ฌ ๐„๐œ๐จ๐ง๐จ๐ฆ๐ฒ ๐†๐ซ๐จ๐ฐ๐ฌ ๐Ÿ“.๐Ÿ”% ๐ข๐ง ๐…๐ข๐ซ๐ฌ๐ญ ๐‡๐š๐ฅ๐Ÿ, ๐๐ž๐š๐ญ๐ข๐ง๐  ๐๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐š๐œ๐ž

July 20 -- Shanghai's gross domestic product expanded 5.6 percent year on year in the first half of 2026 at constant prices, outpacing the national average by 0.9 percentage point as growth in industry, finance, and information technology services continued to strengthen.

Read the full article at:
https://www.yicaiglobal.com/news/shanghais-economy-grows-56-in-first-half-beating-national-pace

Visit our official website if you would like to learn more about our tax & accounting services: https://phcadvisory.com

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A Company of DP Group

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐š'๐ฌ ๐Ÿ๐จ๐ซ๐ž๐ข๐ ๐ง ๐ญ๐ซ๐š๐๐ž ๐ฌ๐ฎ๐ซ๐ ๐ž๐ฌ ๐Ÿ๐Ÿ”.๐Ÿ—% ๐ข๐ง ๐‡๐ŸChina's foreign trade grew by 16.9 percent on a yearly basis to 25.47 trillio...
15/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐š'๐ฌ ๐Ÿ๐จ๐ซ๐ž๐ข๐ ๐ง ๐ญ๐ซ๐š๐๐ž ๐ฌ๐ฎ๐ซ๐ ๐ž๐ฌ ๐Ÿ๐Ÿ”.๐Ÿ—% ๐ข๐ง ๐‡๐Ÿ

China's foreign trade grew by 16.9 percent on a yearly basis to 25.47 trillion yuan ($3.76 trillion) in the first half of 2026, according to data released by the General Administration of Customs (GAC) on Tuesday.

Read the full article at:
https://www.chinadaily.com.cn/a/202607/14/WS6a55a9c2a310986e2b4652bd.html

Visit our official website if you would like to learn more about our tax & accounting services: https://phcadvisory.com

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A Company of DP Group

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ ๐จ๐Ÿ ๐’๐จ๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž ๐‚๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐๐š๐ฌ๐žIn China, social insurance contribution...
14/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ ๐จ๐Ÿ ๐’๐จ๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž ๐‚๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐๐š๐ฌ๐ž

In China, social insurance contributions are generally calculated based on employees' salary income, subject to the lower and upper limits announced by local authorities. According to the PRC Social Insurance Law, employers are required to declare and pay social insurance contributions in full and on time, while the employee portion should be withheld and paid by the employer. Click to read full article.

Also available in:
Italiano: https://www.phcadvisory.com/ita/index/Lists/show/catid/5/id/357.html
ไธญๆ–‡: https://www.phcadvisory.com/cn/index/Lists/show/catid/5/id/368.html

At PHC Advisory Tax & Accounting, we can offer your business in China full support on relevant tax & accounting matters. Schedule a call with us at [email protected] to get more info!

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A Company of DP Group

PHC is specialized in Accounting, Tax and Financial Services, and provides such to enterprises belonging to different countries and industries. Our Mission is to help our Clients achieve their goals, by supporting them with a team of professionals.

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐ž๐ฌ๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ค๐ž๐ซ๐ฌ ๐’๐ฎ๐ซ๐ฉ๐š๐ฌ๐ฌ ๐‰๐š๐ฉ๐š๐ง๐ž๐ฌ๐ž ๐๐ž๐ž๐ซ๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐๐ž๐ฐ ๐‚๐š๐ซ ๐‘๐ž๐ ๐ข๐ฌ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐…๐ข๐ซ๐ฌ๐ญ ๐“๐ข๐ฆ๐ž ๐ข๐ง ๐Œ๐š๐ฒJuly 6 -- Chinese au...
07/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐ž๐ฌ๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ค๐ž๐ซ๐ฌ ๐’๐ฎ๐ซ๐ฉ๐š๐ฌ๐ฌ ๐‰๐š๐ฉ๐š๐ง๐ž๐ฌ๐ž ๐๐ž๐ž๐ซ๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐๐ž๐ฐ ๐‚๐š๐ซ ๐‘๐ž๐ ๐ข๐ฌ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐…๐ข๐ซ๐ฌ๐ญ ๐“๐ข๐ฆ๐ž ๐ข๐ง ๐Œ๐š๐ฒ

July 6 -- Chinese automakers overtook their Japanese rivals in monthly new car registrations in Europe for the first time in May to take a 12 percent market share in a new milestone for the global automotive industry as it shifts to electric power.

Read the full article at:
https://www.yicaiglobal.com/news/chinese-carmakers-surpass-japanese-peers-in-europe-by-new-vehicle-registrations-for-first-time-in-may

Visit our official website if you would like to learn more about our tax & accounting services: https://phcadvisory.com

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A Company of DP Group

๐Ÿ‡จ๐Ÿ‡ณ ๐€ ๐๐ซ๐ข๐ž๐Ÿ ๐“๐š๐ฑ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐š๐ง ๐Ž๐Ÿ๐Ÿ๐ฌ๐ก๐จ๐ซ๐ž ๐‚๐ซ๐จ๐ฌ๐ฌ-๐๐จ๐ซ๐๐ž๐ซ ๐“๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง ("๐๐จ๐ญ๐ก ๐„๐ง๐๐ฌ ๐Ž๐ฎ๐ญ๐ฌ๐ข๐๐ž ๐‚๐ก๐ข๐ง๐š")A Shanghai-based company ("Co...
06/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐€ ๐๐ซ๐ข๐ž๐Ÿ ๐“๐š๐ฑ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐š๐ง ๐Ž๐Ÿ๐Ÿ๐ฌ๐ก๐จ๐ซ๐ž ๐‚๐ซ๐จ๐ฌ๐ฌ-๐๐จ๐ซ๐๐ž๐ซ ๐“๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง ("๐๐จ๐ญ๐ก ๐„๐ง๐๐ฌ ๐Ž๐ฎ๐ญ๐ฌ๐ข๐๐ž ๐‚๐ก๐ข๐ง๐š")

A Shanghai-based company ("Company A") secured a major contract from an Italian customer to supply a complete set of equipment and perform installation services. As Company A has no legal entity or operational presence in Europe, it subcontracted the entire project to a local Italian supplier ("Supplier B"), who procured the equipment locally and completed the on-site installation in Italy. Click to read full article.

Also available in:
Italiano: https://www.phcadvisory.com/ita/index/Lists/show/catid/5/id/356.html
ไธญๆ–‡: https://www.phcadvisory.com/cn/index/Lists/show/catid/5/id/367.html

At PHC Advisory Tax & Accounting, we can offer your business in China full support on relevant tax & accounting matters. Schedule a call with us at [email protected] to get more info!

-----
A Company of DP Group

PHC is specialized in Accounting, Tax and Financial Services, and provides such to enterprises belonging to different countries and industries. Our Mission is to help our Clients achieve their goals, by supporting them with a team of professionals.

๐Ÿ‡จ๐Ÿ‡ณ ๐ˆ๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ž๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐…๐ข๐ฏ๐ž ๐Š๐ž๐ฒ ๐‘๐ž๐ฏ๐ข๐ฌ๐ข๐จ๐ง๐ฌ ๐ฎ๐ง๐๐ž๐ซ ๐ญ๐ก๐ž ๐๐ž๐ฐ ๐•๐€๐“ ๐‹๐š๐ฐChina's Value-Added Tax Law ("VAT Law") and its Implementin...
03/07/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐ˆ๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ž๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐…๐ข๐ฏ๐ž ๐Š๐ž๐ฒ ๐‘๐ž๐ฏ๐ข๐ฌ๐ข๐จ๐ง๐ฌ ๐ฎ๐ง๐๐ž๐ซ ๐ญ๐ก๐ž ๐๐ž๐ฐ ๐•๐€๐“ ๐‹๐š๐ฐ

China's Value-Added Tax Law ("VAT Law") and its Implementing Regulations came into force on 1 January 2026. Subsequently, the Ministry of Finance and the State Taxation Administration issued a series of supporting announcements to ensure smooth implementation. As VAT represents China's largest source of tax revenue, the rollout of the new VAT Law and its supporting policies will positively improve the tax and business environment and support high-quality economic development. Click to read full article.

Also available in:
Italiano: https://www.phcadvisory.com/index/Lists/show/catid/5/id/390.html
ไธญๆ–‡:

At PHC Advisory Tax & Accounting, we can offer your business in China full support on relevant tax & accounting matters. Schedule a call with us at [email protected] to get more info!

-----
A Company of DP Group

PHC is specialized in Accounting, Tax and Financial Services, and provides such to enterprises belonging to different countries and industries. Our Mission is to help our Clients achieve their goals, by supporting them with a team of professionals.

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐šโ€™๐ฌ ๐€๐ˆ ๐๐จ๐จ๐ฆ ๐๐จ๐ฐ๐ž๐ซ๐ฌ ๐˜๐š๐ง๐ ๐ญ๐ณ๐ž ๐‘๐ข๐ฏ๐ž๐ซ ๐ƒ๐ž๐ฅ๐ญ๐š ๐“๐ซ๐š๐๐ž ๐ญ๐จ ๐‘๐ž๐œ๐จ๐ซ๐ ๐‡๐ข๐ ๐ก ๐ข๐ง ๐…๐ข๐ซ๐ฌ๐ญ ๐…๐ข๐ฏ๐ž ๐Œ๐จ๐ง๐ญ๐ก๐ฌJune 26 -- Chinaโ€™s most economica...
30/06/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐šโ€™๐ฌ ๐€๐ˆ ๐๐จ๐จ๐ฆ ๐๐จ๐ฐ๐ž๐ซ๐ฌ ๐˜๐š๐ง๐ ๐ญ๐ณ๐ž ๐‘๐ข๐ฏ๐ž๐ซ ๐ƒ๐ž๐ฅ๐ญ๐š ๐“๐ซ๐š๐๐ž ๐ญ๐จ ๐‘๐ž๐œ๐จ๐ซ๐ ๐‡๐ข๐ ๐ก ๐ข๐ง ๐…๐ข๐ซ๐ฌ๐ญ ๐…๐ข๐ฏ๐ž ๐Œ๐จ๐ง๐ญ๐ก๐ฌ

June 26 -- Chinaโ€™s most economically dynamic region, the Yangtze River Delta region which comprises Shanghai as well as Jiangsu, Zhejiang and Anhui provinces, recorded a historic high in import and export value in the first five months thanks to strong growth in trade linked to the artificial intelligence industrial chain.

Read the full article at:
https://www.yicaiglobal.com/news/chinas-ai-boom-powers-yangtze-river-delta-trade-to-record-high-in-first-five-months

Visit our official website if you would like to learn more about our tax & accounting services: https://phcadvisory.com

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A Company of DP Group

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐šโ€™๐ฌ ๐๐ฅ๐ฎ๐ž-๐‚๐จ๐ฅ๐ฅ๐š๐ซ ๐–๐š๐ ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ž๐š๐ญ๐ฌ ๐–๐ก๐ข๐ญ๐ž-๐‚๐จ๐ฅ๐ฅ๐š๐ซ ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐’๐ข๐ฑ๐ญ๐ก ๐˜๐ž๐š๐ซ ๐š๐ฌ ๐…๐ฅ๐ž๐ฑ๐ข๐›๐ฅ๐ž ๐–๐จ๐ซ๐ค๐Ÿ๐จ๐ซ๐œ๐ž ๐“๐จ๐ฉ๐ฌ ๐Ÿ‘๐ŸŽ๐ŸŽ ๐Œ๐ฅ๐งJune 5 -- Chi...
15/06/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐‚๐ก๐ข๐ง๐šโ€™๐ฌ ๐๐ฅ๐ฎ๐ž-๐‚๐จ๐ฅ๐ฅ๐š๐ซ ๐–๐š๐ ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ž๐š๐ญ๐ฌ ๐–๐ก๐ข๐ญ๐ž-๐‚๐จ๐ฅ๐ฅ๐š๐ซ ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐’๐ข๐ฑ๐ญ๐ก ๐˜๐ž๐š๐ซ ๐š๐ฌ ๐…๐ฅ๐ž๐ฑ๐ข๐›๐ฅ๐ž ๐–๐จ๐ซ๐ค๐Ÿ๐จ๐ซ๐œ๐ž ๐“๐จ๐ฉ๐ฌ ๐Ÿ‘๐ŸŽ๐ŸŽ ๐Œ๐ฅ๐ง

June 5 -- China's labor market is undergoing some significant structural changes as the income of blue-collar workers such as food delivery riders and maternity caregivers has increased faster than that of white-collar workers for six consecutive years, steadily narrowing the wage gap between the two groups, according to a new industry report.

Read the full article at:
https://www.yicaiglobal.com/news/chinas-blue-collar-wage-growth-beats-white-collar-pay-for-sixth-year-as-flexible-workforce-tops-300-mln

Visit our official website if you would like to learn more about our tax & accounting services: https://phcadvisory.com

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A Company of DP Group

๐Ÿ‡ฎ๐Ÿ‡ณ ๐ˆ๐ง๐๐ข๐š ๐„๐ฑ๐ฉ๐š๐ง๐๐ฌ ๐…๐จ๐ซ๐ž๐ข๐ ๐ง ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ช๐ฎ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ข๐ž๐ฌIn a significant step towards deepening India'...
12/06/2026

๐Ÿ‡ฎ๐Ÿ‡ณ ๐ˆ๐ง๐๐ข๐š ๐„๐ฑ๐ฉ๐š๐ง๐๐ฌ ๐…๐จ๐ซ๐ž๐ข๐ ๐ง ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ช๐ฎ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ข๐ž๐ฌ

In a significant step towards deepening India's capital markets and enhancing the country's attractiveness as a global investment destination, the Union Minister for Finance and Corporate Affairs, in the Union Budget for FY 2026โ€“27, announced a series of measures aimed at liberalising foreign portfolio investment norms and facilitating greater participation by overseas investors in both equity and debt markets. Click to read full article.

Also available in:
Italiano: https://www.phcadvisory.com/ita/index/Lists/show/catid/5/id/354.html
ไธญๆ–‡: https://www.phcadvisory.com/cn/index/Lists/show/catid/5/id/362.html

At PHC Advisory Tax & Accounting, we can offer your business in China full support on relevant tax & accounting matters. Schedule a call with us at [email protected] to get more info!

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A Company of DP Group

PHC is specialized in Accounting, Tax and Financial Services, and provides such to enterprises belonging to different countries and industries. Our Mission is to help our Clients achieve their goals, by supporting them with a team of professionals.

๐Ÿ‡จ๐Ÿ‡ณ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ง ๐‹๐จ๐ง๐ -๐ญ๐ž๐ซ๐ฆ ๐จ๐ซ ๐’๐ก๐จ๐ซ๐ญ-๐ญ๐ž๐ซ๐ฆ ๐ƒ๐ž๐›๐ญ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐„๐œ๐จ๐ง๐จ๐ฆ๐ฒEntities use various forms of short-term and long-term...
05/06/2026

๐Ÿ‡จ๐Ÿ‡ณ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ง ๐‹๐จ๐ง๐ -๐ญ๐ž๐ซ๐ฆ ๐จ๐ซ ๐’๐ก๐จ๐ซ๐ญ-๐ญ๐ž๐ซ๐ฆ ๐ƒ๐ž๐›๐ญ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐„๐œ๐จ๐ง๐จ๐ฆ๐ฒ

Entities use various forms of short-term and long-term debt in their capital structures. Common forms of short-term debt include short-term notes payable, commercial paper. Long-term debt may include long-term notes payable, debentures, bonds, and fiancรฉ leases. Click to read full article.

Also available in:
Italiano: https://www.phcadvisory.com/ita/index/Lists/show/catid/5/id/353.html
ไธญๆ–‡: https://www.phcadvisory.com/cn/index/Lists/show/catid/5/id/361.html

At PHC Advisory Tax & Accounting, we can offer your business in China full support on relevant tax & accounting matters. Schedule a call with us at [email protected] to get more info!

-----
A Company of DP Group

PHC is specialized in Accounting, Tax and Financial Services, and provides such to enterprises belonging to different countries and industries. Our Mission is to help our Clients achieve their goals, by supporting them with a team of professionals.

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