Other BriefingsChina Monthly Tax Brief: June 2024
Highlights from this monthly China tax brief include the increased duty-free quotas for Hong Kong and Macao residents entering the mainland, the tax policy regarding temporary import repair in the Shanghai FTZ, and Shenzhen's new measures to attract foreign investment.
China Issues Judicial Interpretations on the New Company Law's Applicability and Retrospective Effect
The final version of the 2023 China Company Law came into effect July 1, 2024 and the Supreme People's Court has issued judicial interpretations regarding the application and effectiveness of the Company Law. While adhering to the principle that laws do not apply retroactively, the Interpretations clarify situations where provisions of the New Company Law take precedence.
China-Serbia Bilateral Relations: Trade and Investment Outlook
As a result of recent negotiations between China and Serbia, the Free Trade Agreement (FTA) between the two countries will take effect on July 1, 2024.
Investing in China’s Wearable Medical Devices Market: Trends and Opportunities
We provide an overview of China's wearable medical devices industry and deliver insights on emerging market trends and investment opportunities.
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China Monthly Tax Brief: June 2024
Tax & Accounting Jul 05 -
EU-China Relations After the 2024 European Elections: A Timeline
Economy & Trade Jul 05 -
China’s Industry Clusters - A Comprehensive Overview
Economy & Trade Jul 04 -
China Offers 5-Year Mainland Travel Permit to Non-Chinese Hong Kong and Macao Permanent Residents
Human Resources & Payroll Jul 03 -
Navigating China’s New Employment Trends and Implications
Human Resources & Payroll Jul 02
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Economy & Trade
EU-China Relations After the 2024 European Elections: A Timeline
Jul 05Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
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China’s Industry Clusters - A Comprehensive Overview
Economy & Trade Jul 04China's industry clusters foster economic growth by enhancing efficiency, innovation, and competitiveness through geographic concentration of interconnected businesses, suppliers, and institutions.
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China-Poland Bilateral Relations: Trade and Investment
Economy & Trade Jun 28We discuss China-Poland bilateral diplomatic relations, trade and commercial engagements, tax and multilateral treaties, and the scope of bilateral investment protection.
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China-Serbia Bilateral Relations: Trade and Investment Outlook
Economy & Trade Jun 28As a result of recent negotiations between China and Serbia, the Free Trade Agreement (FTA) between the two countries will take effect on July 1, 2024.
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China-Hungary Bilateral Relations: Trade and Investment Outlook
Economy & Trade Jun 27China and Hungary have recently elevated their bilateral relationship to an "all-weather" comprehensive strategic partnership, reflecting deep political trust and extensive cooperation across various sectors.
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Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023
Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ...
Tax & Accounting
China Monthly Tax Brief: June 2024
Jul 05Highlights from this monthly China tax brief include the increased duty-free quotas for Hong Kong and Macao residents entering the mainland, the tax policy regarding temporary import repair in the Shanghai FTZ, and Shenzhen's new measures to attract foreign investment.
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Understanding IFRS 18: Key Updates for Financial Statement Presentation and Disclosure
Tax & Accounting Jun 11The new IFRS 18 standard will impact all entities applying IFRS, influencing how they present and disclose financial performance. In this article, we explore the essential aspects of IFRS 18 and guide entities on the necessary steps to prepare for this upcoming standard.
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China Monthly Tax Brief: May 2024
Tax & Accounting Jun 03Highlights from this monthly China tax brief include the new beneficiary owner reporting rules to be effective from November 1, 2024, the expanded tax incentives in the Qianhai Cooperation Zone, and the advance tax ruling measures implemented in Beijing and Maoning City.
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Tax Implications for Businesses Under China's New Company Law
Tax & Accounting May 31Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.
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Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024
Tax & Accounting May 27The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.
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A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Legal & Regulatory
China Issues Judicial Interpretations on the New Company Law's Applicability and Retrospective Effect
Jul 02The final version of the 2023 China Company Law came into effect July 1, 2024 and the Supreme People's Court has issued judicial interpretations regarding the application and effectiveness of the Company Law. While adhering to the principle that laws do not apply retroactively, the Interpretations clarify situations where provisions of the New Company Law take precedence.
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Complying with New Registered Capital Rules under China's Revised Company Law
Legal & Regulatory Jul 01Companies established before the new company law comes into effect will have three years to adapt to new rules on registered capital in China.
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China's Revised Company Law in Effect from July 1, 2024: Key Details Here
Legal & Regulatory Jul 01The revised Company Law includes major changes to company capital rules, corporate governance structures, shareholder rights, and liquidation procedures.
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China Issues New Fair Competition Review Regulations in Effort to Improve the Business Environment
Legal & Regulatory Jun 24The new rules prohibit local governments from including content that could favor or discriminate against certain companies when drafting legislation and policy measures.
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China Releases ESG Reporting Standards for Businesses
Legal & Regulatory Jun 20China has released new ESG Reporting Standards, aiming for a mandatory, ISSB-aligned system by 2030, with key standards introduced by 2027.
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PIPL 2024: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of...
Industries
China’s Industry Clusters - A Comprehensive Overview
Jul 04China's industry clusters foster economic growth by enhancing efficiency, innovation, and competitiveness through geographic concentration of interconnected businesses, suppliers, and institutions.
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Investing in China’s Wearable Medical Devices Market: Trends and Opportunities
Industries Jun 26We provide an overview of China's wearable medical devices industry and deliver insights on emerging market trends and investment opportunities.
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China’s Wine Market Outlook: Trends and Opportunities
Industries Jun 14China's wine market, with new trends and shifting consumption patterns, present opportunities for foreign wine producers and exporters.
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Navigating China’s Evolving Approach to Human Genetic Resources: Insights on Regulatory Changes
Industries Jun 04China has transferred the management of human genetic resources to the National Health Commission, aiming to streamline regulations and foster biotech innovation by balancing oversight and reducing bureaucratic burdens. This shift is expected to enhance international collaboration, attract foreign investment, and expedite drug development in China.
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China’s Chocolate Market – Trends and Industry Overview
Industries May 23New trends and shifting consumption dynamics in China's chocolate market present numerous opportunities for foreign businesses and investors.
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Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers...
HR & Payroll
China Offers 5-Year Mainland Travel Permit to Non-Chinese Hong Kong and Macao Permanent Residents
Jul 03Starting July 10, 2024, a five-year multi-entry travel permit can be applied by non-Chinese permanent residents of Hong Kong and Macao, to facilitate travel to the Chinese mainland.
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Navigating China’s New Employment Trends and Implications
HR & Payroll Jul 02New employment trends are emerging in China's labor market amid structural challenges. Businesses should stay agile, invest in talent, and adapt to changing market dynamics to accommodate the implications.
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Maternity Leave in China: A Complete Guide
HR & Payroll Jun 25In this article, we explore the duration of maternity leave in China’s major provinces, delve into the complexity of maternity allowance management, and highlight considerations specific to foreign female employees.
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China's Visa-Free Policies: Latest Updates
HR & Payroll Jun 25With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
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Guide to HR Compliance and Best Practices in China
HR & Payroll Jun 19In our publication, "Guide to HR Compliance and Best Practices in China", we discuss key considerations from hiring to staff management and compliance with legislative updates and data security laws.
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Guide to HR Compliance and Best Practices in China
Published: June 2024Within China’s changing business landscape, understanding effective recruitment and management pra... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
Technology
EU-China Relations After the 2024 European Elections: A Timeline
Jul 05Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
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US-China Relations in the Biden Era: A Timeline
Technology Jun 27Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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New Data Security Risk Assessment Rules for Industry and Information Technology Sectors
Technology Jun 13New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.
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China Releases New Draft Regulations on Generative AI
Technology May 30China is striving to regulate generative AI while promoting innovation and technological advancement. The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China's commitment to responsible AI development.
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Shanghai Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows
Technology May 22Shanghai's Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.
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PIPL 2024: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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