Insights & analysis

The latest from China & Hong Kong

Beijing continues to reinforce its First-Store and First-Launch economies

If your business is looking to open its first store in China, this may be the perfect time to do it. Last March, the Beijing Municipal...

Market entity registration and administration in China simplified by new regulations

Since March 1, 2022, a new regulation regarding the registration and administration procedures for all types of market entities in China...

Chinese authorities establish cybersecurity framework for cross-border data transfers

The Cyberspace Affairs Commission (CAC) of China published this past July the Measures on Security Assessment of Cross-Border Data...

Companies should pay more attention to green compliance in China

The Chinese government is determined to transform the country into a green, low-carbon, and circular economy. Foreign companies doing...

New Stamp Tax Law in China comes into effect, changing rates and creating new exemptions

The new Stamp Tax (ST) Law in China, effective since July 1, 2022, has been updated to simplify the existing system of taxation, as well...

Fully digitalized e-fapiao will bring more efficiency and transparency to invoice system in China

Foreign companies doing business in China are most likely familiar with the term fapiao, which refers to the Chinese invoice system. This...

Closing a company in China, a long and complicated process

There are many reasons why a company in China may decide to close its doors. It is not always easy for foreign investors to compete with...

Companies in China can now opt for dormant status to overcome unpredicted difficulties

In the past, a company in China facing difficulties or other uncertain circumstances had to choose between closing its doors permanently...

Foreign business professionals are slowly returning to China

After more than two years with a strict “Zero Covid” policy to prevent the spread of the virus, China has eased some rules and entry...

How to choose the correct route to enter the Chinese market

With over 1.4 billion people, China has become one of the most active and interesting markets on the globe. Attracted by these massive...

China’s New Rules on Import and Export Food Safety are now in effect

The COVID-19 pandemic has made Chinese authorities more vigilant regarding food imports into the country. Since January 1, 2022, a series...

Chinese government expands and extends “Tax and Fee reduction” policies

The Chinese authorities have decided to take additional measures to implement more tax and fee reduction policies to better stabilize the...

Changes in China’s 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,...

How the Taxpayer Rating System in China in China can affect foreign companies

Foreign companies operating in China can benefit greatly from the Taxpayer Rating System in China; a good tax credit rating and enjoy...

China implements simplified deregistration process to facilitate market exit

Attracted by the rapid growth of the Chinese economy, many foreign companies have expanded their business operations in China. Though the...

How privacy law in China will impact employment management process

The Personal Information Protection Law (PIPL), designed to protect the privacy rights of individuals living in China, will have a significant impact on employment context processing, and multinational companies’ HR activities, including recruitment, performance monitoring, and cross-border transfers, among others. In effect since November 1, 2021, the PIPL prescribes various obligations for data controllers and data processors, restrictions on cross-border transfer, lawful