A new tax deferral policy providing a temporary waiver of EIT to overseas investors investing in encouraged industries is aimed at attracting more foreign capital. If considering expanding further into the PRC, overseas companies should comprehensively review and readjust their current investment strategies to ensure they can benefit from the new tax deferral.
Foreign partners may enjoy tax agreement benefits, insurance company-backed foreign loans should comply with outbound investment policy and establishment procedures for insurance companies are streamlined.
Steven Gu of Co-Effort Law Firm highlights the new civil litigation principles, the major SPC guidelines and Belt and Road disputes, and the evolving mechanisms for arbitration and mediation in China 协力律师事务所的古锐律师重点解释、分析了最新的民事诉讼总则、最高人民法院指引、一带一路纠纷以及中国仲裁调解制度的改革