The NDRC has proposed raising the threshold at which foreign-invested projects need approval, while Shanghai has introduced a subsidy for multinationals that set up their headquarters in the city and awarded tax breaks for R&D work
The Measures have been revised to pave the way for seed funding requiring the size of the fund to be at least Rmb50 million and the number of fundholders to be at least 200.
The Social Insurance Law received a mixed reception from foreigners worried about increased tax burdens. Many provinces have yet to issue implementing regulations, but new international agreements to end double contributions could change that
Zhang Ying of Jun He Law Offices gives a summary of the key trends in China's busy M&A market and assesses the impact of the increasing internationalisation of the renminbi
Anti-monopoly is still a new concept in China, but transactional reviews are increasing in importance as the country ascends to the world stage. But it is still unclear what triggers a review, what the process involves and how reviews are changing
If the commissioning party of processing trade sells the products at a price higher than the selling price of the commissioned party, it will not be regarded as a direct sale and does not incur consumption tax.
I am suing a company in its home town. The company is a big employer. How can I avoid a situation where lots of negative publicity is created that could put pressure on the judge hearing the case?
Multinational pharmaceutical companies are facing strains on their revenues as many of their patents covering their biggest selling medicines are due to expire. But in China an SPC ruling on pen designs has shown that other IP rights could come to the rescue