In today's accelerated integration of the global industrial chain, more and more enterprises are actively laying out overseas to seek new markets and new opportunities. However, the first step to go overseas - how to comply with the exit of funds? ODI filing is the "official passport" for Chinese enterprises to invest abroad. Without it, the capital can't go out, the project is difficult to land, and the profit is difficult to flow back.

On December 25, 2024, the Thirteenth Meeting of the Standing Committee of the Fourteenth National People's Congress adopted the Value-Added Tax Law of the People's Republic of China, which came into effect on January 1, 2026.1 The Law was adopted by the Standing Committee of the Fourteenth National People's Congress at its Thirteenth Meeting.

In the context of strengthening tax supervision and increasingly standardized enterprise exit mechanism, many enterprises are facing unclear historical accounts, centralized exposure of tax risks, complicated write-off process, etc." [...]

Today, by sharing the case of a customer registering a Hong Kong company & opening an account, and analyzing in depth the difference between mainland tax and Hong Kong tax as well as the tax advantages of Hong Kong, we will provide professional support and tax planning for your business to go overseas.

Under the wave of globalization, more and more entrepreneurs and investors are looking overseas for better business locations. With its stable political environment, transparent legal system and competitive tax policies, Singapore is perennially one of the world's most popular business hubs. Whether you are a start-up or an established group, you will find a fertile ground for growth here. This article will provide you with a systematic analysis of the core advantages of registering a Singapore company, the specific process, the subsequent compliance points, as well as Chinese enterprises need to pay special attention to cross-border investment filing matters, to help you go overseas on a more stable road.