Improved product safety is central to China's pivot to a consumption-led economy. New regulations, stiffer penalties, encouraging consumer complaints and even public shaming are all part of its strategy.
David Liu and Tianxiao Jin of FuJae Partners examine the major amendments to the
Individual Income Tax Law, its Implementing Regulations and new supplemental tax circulars, and
their impact on expatriate taxpayers
Daisy Duan, partner, and Linlin Cao, senior associate, at King & Wood Mallesons examine the expanded scope of new regulations on tax deferral for qualified foreign investments in the PRC and also compare the differences between the old and new requirements
The last few years have seen a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI), and Chinese lawyers seeking knowledge on the uses and advantages of BVI structures for their clients' transactions. Ashley Davies, partner, corporate & finance Group, of Campbells, discusses what has perked the Chinese interest in the BVI.
Adrian Lv and Huanhao He of Han Kun Law Offices speak to China Law & Practice on the implication of China's draft Foreign Investment Law on various sectors and what lawyers need to know when the law comes into force.
China's newly published Draft Foreign Investment Law has garnered attention. The Draft proposes further protection of foreign investment in China as well as a more streamlined market access system. Jeanette Chan and Betty Yap, partners, Hans-Günther Herrmann, counsel and Rui Bu, China associate of Paul, Weiss, Rifkind, Wharton & Garrison LLP discuss the potential impact of the newly minted draft law.
Yan Wang, Xiaowei Wei and Rui Luo, partners at Han Kun Law Offices share with China Law & Practice the unique system of China's patent legislation, and how the open-door policy has influenced China's IP policies to match that of international standards, and how the newly drafted patent legislation will set China up for a successful run in being an IP hub
