Shenzhen expands the scope of PE investments
April 23, 2024
Shenzhen expands the scope of PE investments
Measures are laid out for handling of sensitive data by banking and insurance institutions
A data transfer path is required for transferring natural resources data
The carrying out of specialized subcontracting of road works is encouraged
Special audits may be required targeting personal information and data security compliance
Ordinary employee information may be transferred abroad without restrictions
Shanghai FTZ exempts stamp tax for offshore trade
Work secrets are also required to be kept confidential.
Limited liability companies are required to have their capital contributions paid in full in five years.
Lingang Special Area allows free flow of general data upon record filing