Legal

The Circular sets forth the criteria under which a venture investment enterprise may enjoy tax reduction for investment in an unlisted small or medium high and new technology enterprise.

The Circular clarifies the amounts or remuneration that shall not be treated as royalties but rather as income derived from service activities.

The Circular states that conduit companies are not beneficial owners. It also sets forth factors that are not conducive to the recognition of an applicant's status as a beneficial owner.

The PRC Anti-monopoly Law has spawned a vast amount of analysis, debate and hand-wringing among lawyers, academics and businesses worldwide. But, where is China's competition law framework heading in 2010?

A new tax circular addresses the issue of the definition of a beneficial owner under tax treaties, and puts a new burden on taxpayers. But many issues are left unclarified

Regulators in China have been trying hard to promote the development of the derivatives industry. But the focus will always be on minimising risk

China's amended insurance law provides new opportunities for insurance companies to influence the development of the real estate industry. As long as implementation is correct, the benefits could be huge

Foreign investors are increasingly sponsoring research and development in China. But before the resulting technology can be exported, sponsors must pay close attention to new rules and procedures

Llinks Law OfficesSandra Lu and Raymond [email protected], [email protected] the asset management industry in the PRC, innovation has…