China is Cracking Down on Foreign Names!

China has launched a nationwide battle against “non-standard” names of places as these names indicate the worship of foreign things, which are exaggerated or just bizarre. © Image | 中华人民共和国民政部 1 In the latest move, the department of civil affairs of South China’s Hainan Province released a document on its official website on June 11, listing 84 “non-standard” names of places around all 12 cities of the province.   © Image | 海南省政府 Among them, 15 hotels owned by the Vienna Hotel Group are on the list because of the usage of “Vienna” in location names.   © Image | Google Based in Shenzhen, South China’s Guangdong Province, the Vienna Hotel Group stated through its Sina Weibo account on Wednesday that its brand name was legal and was registered by the Trademark Office under the State Administration for Industry and Commerce in 2012 and it is still valid today.   2   In response to the statement by the Vienna Hotel Group, Shi Qingli, deputy director of the department of civil affairs of Hainan Province told the media that “Vienna” was registered as a trademark. The campaign is not intended to clear up trademarks; however, trademarks cannot be extended to be used as a location name.   © Image | 维也纳 Besides “Vienna,” “Victoria Garden”, “Heidelberg Hotel” and other names like “119 acre-feet community” and “156 humanity palace” are on the list because they are “bizarre.”   Separately, the local government of Xi’an, Northwest China’s Shaanxi Province has also started a campaign against non-standard place names, 18 of which are names of resident communities with foreign elements.   © Image | 西安市人民政府 3   Other provinces such as South China’s Guangdong, East China’s Zhejiang, Central China’s Henan and Northwest China’s Gansu provinces have also launched similar campaigns.   © Image | 广东省民政厅 Huang Hongxi, a staff member of the department of civil affairs in Hainan, told news site thepaper.cn that the notice is in the process of being publicized, and they are willing to listen to different voices and will have further discussions with industry experts and representatives from different residential communities.   Huang also said that the new regulation is helpful in promoting Chinese’s culture confidence.   4   Although some Chinese people have been blindly worshiping foreign things and fawn over foreign countries, in recent years, with the improvement of China’s national strength and self-confidence, more and more people are calling for localization.   Many net users support the campaign, claiming that names of places should have Chinese characteristics.   A Tianjin based real estate insider told the Global Times on Monday that some developers want to attract potential consumers by using exocentric names on their projects.   © Image | Google “I think the policy is well-intended. If we all blindly follow foreign names and foreign elements, it is no doubt harmful to our culture confidence,” Liu Yang, a Beijing-based cultural critic told the Global Times on Wednesday.   On the other hand, there are some people who believe that it is fine to have some foreign names.   “China will never close its door to the outside world, and the tolerance of multiculturalism is also the embodiment and foundation of the cultural confidence of our nation. Confidence is not the narrow-minded confidence but inclusiveness,” said a Weibo user.   There is a vote in Weibo, initiated by China Daily since June 18, showing that 4039 people disagree with this battle with the thought that this is a normal phenomenon; what’s more, there are  2139 people who support it until now.  © Image | Weibo What do you think about that? Share to let your friends know!

After Long-term Zero Declaration without Auditing, He Received..

Under the closure tide of offshore accounts, many clients are asked by these major banks in Hong Kong to submit files. Generally, as long as your company does an annual return all the time, it’s easy to collect the required information. However, there is an important file in it: the latest financial report, issued within the last 12 months! © Image | Google In fact, many clients wouldn’t finish the audit report and submit Profit Tax Return on time, some even haven’t done accounting and audit since establishment.    Failure to provide an audit report within the time required by the bank result in the closure of the account.   © Image | Google How to judge whether your HK company should do zero declaration or accounting and audit? In Hong Kong, no matter an HK company have the operation or not, they all need to make accounting and audit before filling in Profit Tax Return. © Image | Google As long as you conduct a business transaction or activity in the name of the company, you are deemed to have started business, that is, you must do the audit.    It can be judged by the following aspects: if it meets one of the aspects, it is a business operation: Transaction records in the bank account; Import and export records from government customs and logistics companies; Purchase and sales relationship with Hong Kong merchants; Hire an employee in Hong Kong; Allow or authorize the use of patents, trademark designs and other information in Hong Kong; Allow or authorize the use of movable property in Hong Kong to collect rent, rental fees, etc.; Entrust someone to do business in Hong Kong; Other profits derived from or arising in Hong Kong. © Image | Google Besides, what are the serious consequences if the audit report is not supplemented? The tax bureau will self-assess the tax and multiply by three, and the amount of the fine will be increased with time. At the same time as the high fine is imposed, the Hong Kong court may be subpoenaed and the court will sue the company’s directors and shareholders in accordance with the relevant regulations of the Company Law. If the tax owed has not been paid, the company will be frozen by the tax bureau, blacklisted or forcibly canceled. The credit of directors and shareholders will be affected simultaneously. There will be any impact on managing Hong Kong business or exit in the future. For example, if you apply for HK bank account again, bad records shall affect the success rate of opening account. Tax evasion is a criminal offense. The Hong Kong Government has very strict tax and fines regulations. The maximum penalty is a fine of $50,000, plus a fine equal to three times the tax reduction and may be detained and sentenced to imprisonment after entry for 3 years. The audit report is very important for maintaining the company’s Hong Kong bank account. In fact, it is not difficult for Hong Kong companies to conduct an audit. © Image | Google HACOS has always been committed to providing customers with comprehensive and reliable financial planning, in-depth understanding of the customer’s operating model to provide the most appropriate method for customers, successfully complete the accounting and auditing of Hong Kong companies, and enable customers to operate legally in Hong Kong.  Under the implement of CRS, it’s becoming increasingly important to have a compliant tax planning and timely tax declaration!

Illegal! Expats in China Should Know This!

An airport on tropical Hainan Island has become the first in China to put up a notice warning passengers not to throw coins at planes to pray for a safe trip after numerous such incidents have delayed flights across the country. © Image | Google 1 An image circulating online on Sunday showed the warning displayed on a screen located before the security check area at Phoenix International Airport in Sanya. It warned passengers that tossing coins at a plane was not only against the law but it would also harm their prayers for protection. “We respectfully inform you that tossing coins at a plane to pray for good fortune is illegal and it also violates the aviation safety code and will harm blessings,” the notice read. An English translation of the notice read simply: “It is illegal to throw money into an airplane to pray for good luck.” But the airport told Shanghai-based news outlet Thepaper.cn that the message was no longer displayed because it was being revised.   “The warning has been taken down while it is amended, and the English translation might be scrapped. It will go up again once it has been adjusted,” an airport employee who was not identified was quoted as saying.   He said the airport had not had any cases of passengers throwing coins at planes, but the staff was in place to keep an eye on people during boarding. It had decided to display the warning after a number of “lucky coin toss” incidents at other airports in China in recent years. 2 The first case was reported in 2017 when an 80-year-old woman threw a handful of coins into the engine of a China Southern Airlines flight at Shanghai Pudong International Airport to “pray for safety” – delaying the flight for more than five hours. © Image | Google Police decided not to take action against the elderly passenger after taking into account her age and the fact she had not intended to cause any harm. Since then, there have been more incidents. So far this year, at least five people have thrown coins at planes as they were boarding – delaying their flights for hours and in some cases landing them in detention. © Image | Google Shenzhen Airlines took action in one case, suing a man who threw two coins at a plane engine as he was boarding a flight from Nanning to Shenyang in 2017. The man agreed to pay the airline 50,000 yuan (US$7,240) to settle the case in March. 3 In fact,  after the plane accident in Ethiopia, there are lots of “lucky coin toss” frequently. Some passenger believes that it can bring them luck.   © Image | Google   In May 2019, the two were detained at Jinan Yaoqiang International Airport following the incident, forcing nearly 260 passengers to be evacuated from the jet bound for Chengdu, Southwest China’s Sichuan province.   Airport staff found that the two passengers threw coins out of the air bridge of Luck Air flight 8L9616 as they were boarding. The security staff members later found two one-yuan coins under the bridge.

Cheers to 5th Anniversary |我们五岁啦

Just now, HACOS 5th Anniversary Lunch ended at the blessing of all staffs. 刚刚,瀚客5周年暨升级乔迁庆典在全体员工的祝福声中落下了帷幕。   We really appreciated the presence of all of our clients, friends, and partners. 我们由衷的感谢莅临现场的每一位客户,朋友及合作伙伴。   That’s right! HACOS is five years old now! 没错,转眼间,瀚客已经五岁啦! Today, we’re happy to gather together with joy and happiness. We’ll stay real and keep moving. 今天,我们相聚一起 欢声笑语,共获喜悦 不忘初心,继续前行 In this important moment, HACOS really appreciates all the people we met during these five years! Thanks for being there such a long time! 在这个重要的时刻里,瀚客真心感谢这五年间遇到的每一个人! 谢谢你这么长的时间一直陪着我! 1 Sense of ceremony? 仪式感?   There is a sentence in The Little Prince  “Sense of ceremony, that is, what makes one day different from other days, one moment different from other moments. “ 《小王子》里说:“仪式感,就是使某一天与其他日子不同,使某一刻与其他时刻不同。” HACOS 5th Anniversary Lunch won’t miss ribbon-cutting. 5周年暨升级乔迁庆典当然少不了剪彩。 The ribbon-cutting ceremony took place at 8:40. 剪彩仪式准时在上午8点40分进行。 Salute rises, ribbon falls, a new journey officially opened! 礼炮升起,彩带落下,新一段征程正式开启!   Wish you guys happy every day! 愿你天黑有灯,下雨有伞 愿你外出有单,转介有单,时刻有单 愿你工作有大家陪伴,路上有良人陪伴! 2 Ceremony 玩转庆典 Office tour 首先便是参观新办公室。 其实,早在6月中旬,本司部分职能部门已搬至银政大厦五楼。 看,这一排排干净,整齐,宽敞的办工桌。有木有很靓啊?!   Captain Harvey: Thank you guys for being there all the time. All of you have devoted the best years of youth to the company. In the next five years, HACOS will have a more stable and high-speed development! 老板说:感谢大家一直以来的陪伴,谢谢你们将青春里最美好的几年奉献给了公司。下一个五年,瀚客会更加稳定更加高速的发展。 Under the leadership of General Manager Harvey HACOS promised: We will continue to provide superior service. 在哈总的带领下,瀚客承诺, 我们会一如既往的提供优质的服务。 3 Competition 第二轮团队综合竞赛 1与身边的HACOS五周年元素合照 2你猜我画 3体感跳舞     Congratulations to all winners! 感谢所有参赛人员,恭喜获奖队伍! 4 Lunch 午宴 If God gives me 24 hours, I want to eat all the delicious food in the Baiyun Hotel 如果上帝给我24小时,我一定去吃遍白云宾馆的美食。 Actually, I love spicy food a lot. Therefore, I won’t try these plain food to some extent. 我本身是一个不吃辣会死星人, 所以平时不会想到将各种食材以各种方式作出清淡的亚子。 However, when I came to Guangdong, everything has changed! I’m lost in the world of Cantonese cuisine… 但,直到我来了广东, 在博大精深的粤菜世界里小编逐渐迷失了自己。 Then, there was a birthday party for the staff. 随后举行了5,6月份员工生日会, 切蛋糕,唱生日歌,颁发生日礼物    Happy birthday! Until now, the ceremony ended successfully! 祝你们生日快乐,愿你们永怀梦想,不忘初心,澄澈明朗!至此,本次庆典活动圆满结束。我们有理由相信,瀚客的明天会更精彩!   In the end, happy birthday, my dear HACOS! 最后,祝你生日快乐,我亲爱的瀚客!