Tax credit policy has been revised to align with outbound investment needs.
May 23, 2018
Legal
Foreign shareholding in securities firms relaxed, foreign investment in futures companies allowed and online defamation of historical Chinese heroes banned
May 16, 2018Substantive business activities required for beneficial owner status
May 16, 2018China allows CDRs, tax breaks only require retention of documentation, and curbs are imposed on large exposures of banks
May 09, 2018Social insurance reductions will continue, and a pool of foreign-related legal talent and the Shanghai Financial Court are established.
May 03, 2018Criteria for unmanned aircraft permits set out, securitization of housing lease assets promoted in certain areas, and calculation of environmental tax clarified.
April 26, 2018PRC outbound investment has received another boost via a new tax credit regulation that simplifies procedures and provides greater options to Chinese companies keen on multi-jurisdictional forays. It would be wise for these corporates to review and restructure their tax credit strategies to capitalize on the government's commitment to expanding outward.
April 22, 2018Outbound IPR transfers require a review, only financial institutions may engage in online asset management sales, and non-criminal personal data divulgence may be fined.
April 19, 2018The Anti-monopoly Law (AML) has undergone an evolution since its advent, nearly adecade ago. Now, the process for simple cases has been streamlined to ensure efficientapprovals, allowing the competition authority greater time and resources to scrutinizemore complex and challenging deals. Active enforcement has lent to the increasedawareness of antitrust issues among companies and the general public. Fay Zhou and XiLiao of Linklaters provide a brief look back at the AML's significant growth spurts and sharesome guidance on what lies ahead.
April 19, 2018China's banking industry further opened up to foreign banks
April 18, 2018