Legal

A new Circular from the State Administration of Foreign Exchange has reduced the approval burden on the capital account, a move that will boost investor confidence by showing a renewed commitment to liberalising foreign exchange controls

A new Circular from the State Administration of Foreign Exchange has reduced the approval burden on the capital account, a move that will boost investor confidence by showing a renewed commitment to liberalising foreign exchange controls

The Ministry of Justice has revised Measures governing the establishment of branch offices and the Ministry of Human Resources with other departments have issued a Circular allowing foreign personnel to apply for five-year multiple entry visas

The dividend tax reduced to encourage investors to hold shares for the long term.

The industrial classification of listed companies now needs to be revised every quarter.

For the first time, draft Regulations on service inventions have given a clear procedural framework for defining and reporting inventions. Businesses in China need to make sure they have the right internal policies in place as penalties for non-compliance are harsh

For the first time, draft Regulations on service inventions have given a clear procedural framework for defining and reporting inventions. Businesses in China need to make sure they have the right internal policies in place as penalties for non-compliance are harsh

Mergers and acquisitions involving material asset reorganisation will be subject to greater scrutiny under new Regulations, which will increase due diligence costs for businesses in China

If, in the process of the CSRC's review of an M&A transaction, the listed company or the transaction counterparty that accounts for 20% or more of the transaction amount is found to have been involved in insider trading, the CSRC will terminate the review process.