China encourages technology and innovation through tax incentives In order to achieve its ambition of becoming a leading economic power in the world, China has identified High and New Technology...
When can foreign companies distribute profits in China?Companies with a profitable business in China will want at some point to repatriate profits. However, dividends can be distributed among...
Data Security Law works with Cybersecurity Law to expand protection on data Pt 1China’s fast growing digital economy is behind a series of new regulations aimed to protect personal information and prevent businesses...
China plans to revise and update its Company Law Since its latest update in 2018, the China’s Company Law is scheduled to be re-evaluated this year. The revised draft, which includes 260...
China reinforces personal liability of business executives China’s economic growth and its increased tendency to use technology, have pushed local authorities to review and update laws to be able...
China pushes innovation and development in biotech industryIn the past three decades, the number of biotech companies in China more than tripled, while the country’s economic growth has turned it...
Changes in the new Urban Maintenance and Construction Tax Law (UMCT) Effective September 1, 2021, the new Urban Maintenance and Construction Tax Law (UMCT), as well as three supporting regulations,...
COVID travel restrictions ease for foreigners coming to China With over one billion people vaccinated, life is slowly returning to normal in China. Though foreign travel to China has been discouraged...