Legal

Foreign investors are abandoning their Chinese ventures prompting the issuance of new government guidelines. These raise the possibility of the use of cross-border legal and political action to force absconders to face liability in China. Although the implications are not completely clear, foreign parties must take care when attempting to withdraw from the country. By Susan Finder, Winston & Strawn.

Ch'ng Li-Ling and Li Jing [email protected], [email protected] article highlights some issues that relevant parties should…

“Sale” and “for consideration” defined for consumption tax purposes.

Employers in China are facing more labour arbitrations as employees take advantage of free tribunals and increased rights. Foreign companies are at most risk. They must keep good documentation and pay close attention to balancing internal rules and local law.

Definition of services provided in the PRC that are subject to business tax clarified.

Regulations in Chinese law cover both commercial bribery and bribery involving state employees. The law sets out criminal and administrative liabilities for business operators, and has some unique characteristics. Counsel should establish clear guidelines to help mitigate the risks of liability. By Alice Peng, Jun He Law Offices.

China has revised its Patent Law for the third time, and issued the first proposed draft amendments to the Implementing Regulations. There are key changes relating to invention patents and utility models. These should better align the Law with international standards, but there will be notable implications for foreign-invested companies. By Ronald Chu and Annie Tsoi, Deacons.

Zhan HaoGrandall Legal [email protected] on the Anti-monopoly Law (AML) and the power allocated by the State Council, the State Administration…

National LegislationACCOUNTINGOpinion on Regulating and Developing Small and Medium-sized Accounting Firms 关于规范和发展中小会计师事务所的意见L3110/08.12.17ECONOMIC…