China's value-added tax rollout is now complete. This analysis maps the evolution of the PRC tax system over the past three decades and details what the 2016 Circulars has in store for the new regime

Qualifications for offering private funds defined.

Criminal liability for bribe offering and acceptance emphasized.

The MOF and SAT have expanded the tax reform of natural resources, the CBRC has set provisioning requirements to suppress shadow banking and processing trade approvals were abolished nationwide

We are inviting nominations for the tenth annual China Law & Practice Awards, which will be held at the Park Hyatt, Beijing on Sep. 21, 2016, and will recognize the top law firms, lawyers and in-house counsel in the PRC. Deadline is June 17

This week Apple made its largest China investment yet, tax regulators were said to tighten reporting standards, the Ministry of Environmental Protection was authorized to dispatch inspection teams and stricter measures for the real estate industry were discussed

Enterprises' pension and unemployment premium requirements have been capped to ease cost burdens. Lawyers discuss whether this will have any real impact and emphasize the importance of complying with labor laws. 企业养老金和失业保险费率规定了上限以减轻成本负担。律师们讨论这是否将产生任何实际影响，并强调遵循劳动法的重要性。

The PBOC has further opened the interbank bond market to QFIIs, the Shanghai government released implementing rules for reducing enterprises' insurance premiums and tax break approval requirements for circuit and software companies were cancelled

Conducting due diligence is critical to not only uncover the deal's true value but the costs and liabilities that the acquirer will be burdened with. Here are the steps to mitigate these risks