Foreign Direct Investment

A tax circular which seeks to strengthen the administration of tax on income derived from equity transfer may have a profound impact on non-resident investors using offshore vehicles. But the authorities have some legal hurdles to clear

As its economy continues to grow rapidly, China is looking for more outlets for its foreign exchange reserves. This is a trend which is reflected by recent legislation on overseas investment

Companies in China have been under pressure to unionise for many years now, and the heat was significantly turned up on foreign enterprises when the ACFTU criticised them for refusing to allow their workers to join unions

A new tax circular addresses the issue of the definition of a beneficial owner under tax treaties, and puts a new burden on taxpayers. But many issues are left unclarified

Foreign investors are increasingly sponsoring research and development in China. But before the resulting technology can be exported, sponsors must pay close attention to new rules and procedures

Transfer of a QFII's investment limit is no longer allowed.

New rules allow greater investments in China's capital markets and impose a shorter lock-up period, but failure to comply could lead to the loss of QFII status

The Provisions raise the maximum investment limit of a QFII to US$1 billion but also prohibit a QFII from transferring such limit.

Chambers & CompanyLouise Le Yi [email protected] has emerged as the third-largest source of foreign investment into Australia with…