Legal

Calculation of the business turnover of a business operator in a concentration clarified.

Taking security over assets in China can be challenging, not least due to the various approval and registration requirements for foreign investors

SAT cracks down on tax evasion by non-tax-resident enterprises.

Number of foreign representatives is limited to four.

Banks told to better assess potential interest rate risk.

Shanghai allows debt-for-equity swaps by foreign-invested enterprises, which require the unanimous consent of all the shareholders of the investee enterprises.

The registered capital of a foreign-invested equity investment fund management enterprise shall not be less than US$2 million.

Beijing has responded to Shanghai's recent relaxation of rules in Pudong by issuing measures to allow foreign private equity fund managers to set up shop

The Measures allow the establishment of a partnership in China by two or more foreign enterprises or individuals, or the establishment of a partnership in China by a foreign enterprise or individual with a Chinese natural person, legal person or other organisation.