Legal

A newly released order provides changes to the existing regime including in information sharing, supervision, and mutual enforcement efforts over companies amongst Chinese government agencies.

Tax breaks are offered to equipment purchase and employee education expenses, and a “T+0 redemption and withdrawal” limit is set for money market funds

China establishes a national pool of legal talent.

The calculation method for environmental tax has been clarified

China opens up its futures market

Foreign investors allowed controlling shareholdings in securities companies

The article discusses and analyzes the legal implicationsand considerations of the new regulations for foreigninvestors seeking clarification on status and transfer ofintellectual property rights in China under the old andnew laws.

Fang Qi, partner at Fangda Partners, discusses the impact of the newly issuedMeasures on Work Relevant to the Assignment of Intellectual Property Rights toForeign Parties (Trial Implementation) (知识产权对外转让有关工作办法 (试行））(the Measures), the legal reforms it brings and mechanisms for its enforcement.

China's beneficial ownership rules have become stricter in some places and lenient in others while anti-avoidance provisions have become more explicit. This article reports on what non-tax residents need to know about the new rules.