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New China Company Law assigns greater responsibilities to directors and senior management
The Chinese legislature adopted at its seventh session the latest amendment to the Company Law, which will come into effect on July 1,...


Electronic contracts in China are legally binding if done correctly
In the digital era, legal contracts in China have undergone a transformative shift, moving from traditional paper-based agreements to...


China adopts Apostille Convention to simplify authentication of foreign documents
The Chinese government officially adopted the Apostille Convention, an international treaty that simplifies the process of authenticating...


Distribution agreements in China can protect foreign companies of growing risks
Foreign companies operating in China have faced in the past few years increasing risks and supply chain shifts, pushing many to...


Foreign companies receiving data from China are subject of Chinese SCCs
In an effort to protect transfers of personal information from China to other countries, the Chinese Cyberspace Administration (CAC)...


Foreign companies changing registered capital in China must follow complex procedure
Foreign companies operating in China may find themselves in a situation that forces them to either increase or decrease their registered...


China and Australia agree to review wine tariffs before Albanese’s visit to Beijing
Australian wine producers welcomed China’s announcement that it will review the tariffs imposed to their industry, after a breakthrough...


Chinese government seeks to attract foreign investment with improved regulations
Faced by a slow economic recovery, the Chinese government is evaluating ways to attract foreign direct investment. In a recently...


Foreign talent working in GBA will enjoy income tax benefits until 2027
Foreign individuals working in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) will be able to enjoy the preferential Individual...


Non-resident enterprises in China must follow tax procedures before paying dividends
Foreign companies interested in distributing dividends from their China business to their investors overseas need to follow a series of...


Authorities in China are monitoring companies suspected of tax avoidance schemes
In recent years, Chinese taxation authorities have been acting against corporations suspected of tax avoidance schemes designed to secure...


Exit strategies for foreign investors in China have significant impact on investment returns
Driven by regulatory changes and capital market reforms, foreign investors in China have enjoyed strong gains. However, several...


Extension of certain tax benefits in China seek to further support post-pandemic recovery
Eligible companies in China will continue to enjoy a series of supportive tax and fee policies recently extended by the Chinese...


New measures in six free trade zones and ports seek to attract foreign business
The Chinese government announced a series of measures to promote a favorable environment for foreign businesses and to reiterate its...


China seeks to bolster education sector through tax incentives
With over 290 million students and 18 million teachers, China has the world’s largest education system. The Chinese government is looking...


China seeks to improve business environment with changes in tax laws
China’s tax laws and regulations have undergone significant changes in recent years due to the country’s rapid economic growth and...


Company Law in China mandates a two-tier board system structure
The Company Law in China, which rules over all registered companies including foreign invested enterprises (FIEs), mandates a two-tier...


China reduces the cross-border e-commerce enterprises’ costs for returned goods
In an effort to support the development of new forms of foreign trade, the Chinese Ministry of Finance (MOF), jointly with the General...


Chinese government promotes sustainable growth and an attractive environment for foreign investors
Chinese authorities are eager to leave the negative effects of the COVID-19 pandemic behind and are ready to boost consumer confidence,...


Super deduction of R&D expenses will become a permanent benefit for eligible companies
The preferential policy of pre-tax super deduction of R&D expenses will become a permanent benefit for eligible companies. According to...
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