A new Announcement has lowered withholding tax in China, but foreign companies still need to comply with strict regulations from the State Administration of Foreign Exchange

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

Shareholders may not sell privately offered bonds to insurance companies that they control.

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

Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.

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.