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  • Article

    New Law Ushers In Sweeping Changes To Bankruptcy Regime In China

    The new Enterprise Bankruptcy Law of the People’s Republic of China (PRC) (Bankruptcy Law) was adopted on August 27, 2006 and will take effect on June 1, 2007, superseding the 1986-enacted Enterprise Bankruptcy Law (Trial) 1986, governing the bankruptcy of State-owned Enterprises . The Bankruptcy Law offers for the first time a unified regime applicable to all types of enterprises in China and also provides a more robust and detailed regime for enforcement of creditors’ claims. We discuss below
    ChinaInsolvency/Bankruptcy/Re-Structuring
    Morrison Foerster
    Morrison Foerster
  • Article

    CAS 21 Compliance: Impacting Key Growth Sectors

    CAS 21 affects foreign invested enterprises in China and their subsidiaries who are required to follow CAS.
    ChinaAccounting and Audit
    TMF Group BV
    TMF Group BV
  • Article

    Beyond Annual Audit | Strengthening Fraud Oversight In China

    Multinational companies in China often focus on external risks like geopolitical tensions while internal vulnerabilities quietly accumulate.
    ChinaCriminal Law
    Ankura Consulting Group LLC
    Ankura Consulting Group LLC
  • Article

    New Double Taxation Arrangement Between Hong Kong And Mainland China

    On 21 August 2006, the Mainland government and the Hong Kong SAR government signed an "Arrangement between the Mainland of China and the Hong Kong Special Administrative Region for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income" (the "New Arrangement").
    ChinaTax
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    北京、上海、深圳法院审理竞业限制争议案件法律研究报告(2018-2019年)

    本报告所统计的案例均检索自"中国裁判文书网",最后访问时间为2020年3月1日。本报告所统计案例的筛选标准为:选取诉讼(仲裁)请求中包含竞
    ChinaAntitrust/Competition Law
    AnJie Broad Law Firm
    AnJie Broad Law Firm
  • Article

    Forex Regulations - Changes That Impact Inflow And Outflow Of Forex

    China promulgated its first Regulations on the Administration of Foreign Exchange ("Original Regulations") in 1996, which were last updated in 1997.
    ChinaStrategy
    Thelen LLP
    Thelen LLP
  • Article

    Managing Risks In Chinese M&A Transactions

    Against the backdrop of China's accession to the WTO and the continuous lifting of restrictions on foreign investment in many industries, China is going through an extraordinary period of merger and acquisition activity.
    ChinaCorporate/Commercial Law
    Jones Day
    Jones Day
  • Article

    A Quick 7-Step Guide To Complete A Minor Personal Information Protection Compliance Audit

    On the evening of 29 December 2025, the eve of the new year, the Cyberspace Administration of China (CAC) issued an announcement requiring "all entities that process minors' personal information" to log on...
    ChinaAccounting and Audit
    Llinks Law Offices
    Llinks Law Offices
  • Article

    The Formation Of A Foreign Intermediary Holding Corporation In A Favorable PRC Treaty Jurisdiction May Offer Tax Benefits Under The New PRC Enterprise Income Tax Law

    On March 16, 2007, China's 10th National People's Congress enacted a new PRC Enterprise Income Tax Law (EIT Law). When the EIT Law takes effect on January 1, 2008, it will dramatically alter the manner in which China taxes Foreign Invested Enterprises (FIEs). In essence, the new EIT Law will eliminate entirely the preferential tax regime for FIEs.
    ChinaTax
    Thelen LLP
    Thelen LLP
  • Article

    A Revised Construction Law For China

    On August 27, 2004, the People’s Republic of China ("PRC" or "China") Ministry of Construction ("MOC") issued a letter soliciting comments on a draft of a revised Construction Law.
    ChinaReal Estate and Construction
    Jones Day
    Jones Day
  • Article

    The Art of Construction Project Management in China

    Until December 1, 2004, project management services in China were largely unregulated. That is not to say that they were not being performed effectively and efficiently, but rather that the Ministry of Construction ("MOC") did not take an active interest in these services.
    ChinaReal Estate and Construction
    Jones Day
    Jones Day
  • Article

    Driving Sustainable Growth For China Operations

    The current business environment presents a constant stream of both challenges and opportunities. Against this backdrop of change, the market's expectation is for sustained, year on year growth.
    ChinaAccounting and Audit
    Ernst & Young
    Ernst & Young
  • Article

    How To Shut Down Or Downsize Your China WFOE: A 2025 Four-Part Survival Guide

    Foreign companies are exiting China in record numbers as regulatory pressure, rising costs, and geopolitical risks reshape the landscape. Whether you're planning a full WFOE closure or a strategic downsizing...
    ChinaCorporate/Commercial Law
    Harris Sliwoski
    Harris Sliwoski
  • Article

    China Adopts New Travel Agency Regulations And Lifts Restrictions On Foreign-Invested Travel Agencies

    The State Council of the People's Republic of China ("PRC") and the China National Tourism Administration (the "CNTA") adopted and promulgated new Regulations on Travel Agencies (the "Travel Agency Regulations"), which came into effect on May 1, 2009.
    ChinaCorporate/Commercial Law
    Jones Day
    Jones Day
  • Article

    银行保险机构如何理解与适用新公司法(四)——监事和监事会

    监事会历来是《公司法》所规定的公司常设监督机构。
    ChinaCorporate/Commercial Law
    AnJie Broad Law Firm
    AnJie Broad Law Firm
  • Article

    Audit And Tax Compliance In China: A Step-By-Step Guide For Foreign Companies

    To achieve full compliance, foreign invested enterprises (FIEs) in China need to follow the specified audit and tax compliance procedures established by the government.
    ChinaAccounting and Audit
    Dezan Shira & Associates
    Dezan Shira & Associates
  • Article

    Audit Committee Priorities For 2025

    In an era when the business landscape is characterized by rapid changes and rising uncertainties, the need for robust governance oversight has never been more critical. As organizations strive to navigate.
    ChinaAccounting and Audit
    BDO
    BDO
  • Article

    Foreign Investment Bulletin - July 2016

    The State Council has issued the Decision of the State Council to Revise the Customs Audit Regulations of the People's Republic of China, providing various revisions including a provision for...
    ChinaAccounting and Audit
    JunHe Law Office
    JunHe Law Office
  • Article

    IPO关联方之参股公司的认定及披露规则

    关联方及关联交易的认定及披露一直是证监会、交易所、证监局等监管部门关注的重点,根据去年11月份的证监会发行部发行审核业务的培训要&#
    ChinaCorporate/Commercial Law
    DeHeng Law Offices
    DeHeng Law Offices
  • Article

    Highlights Of The Information Disclosure Implementation Rules From A Private Securities Fund Perspective

    To implement the Measures for the Supervision and Administration of Information Disclosure of Private Investment Funds issued by the China Securities Regulatory Commission, and to further specify the information disclosure requirements for private investment funds, the Asset Management Association of China has drafted the Implementation Rules for Information Disclosure of Private Investment Funds and the Templates for Key Information Disclosure Content of Private Investment Funds.
    ChinaFinance and Banking
    Llinks Law Offices
    Llinks Law Offices

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