China 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-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.
China Releases ESG Reporting Standards for Businesses
China has released new ESG Reporting Standards, aiming for a mandatory, ISSB-aligned system by 2030, with key standards introduced by 2027.
China’s Wine Market Outlook: Trends and Opportunities
China’s wine market, with new trends and shifting consumption patterns, present opportunities for foreign wine producers and exporters.
China’s New Company Law: Considerations for Foreign Stakeholders and FIEs
The New Company Law brings substantial changes with implications for new and existing foreign invested enterprises and stakeholders in China. Foreign investors must assess if adjustments to existing structures or new business negotiations are necessary.
Understanding IFRS 18: Key Updates for Financial Statement Presentation and Disclosure
The 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.
China Monthly Tax Brief: May 2024
Highlights 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.
China’s Chocolate Market – Trends and Industry Overview
New trends and shifting consumption dynamics in China’s chocolate market present numerous opportunities for foreign businesses and investors.