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June 06, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
06 June 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

CHINA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
China’s Enhanced Beneficiary Owner Filing System: Key Points of New Measures
 
Relevant entities are mandated to file their beneficial owner information starting November 1, 2024, with a one-year grace period granted to entities registered before that date.
 
 
 
Navigating China’s Evolving Approach to Human Genetic Resources: Insights on Regulatory Changes
 
China’s management of human genetic resources has been transferred the to the National Health Commission, aiming to streamline regulations and reduce bureaucratic burdens.
 
 
 
China Releases New Draft Regulations on Generative AI
 
The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China’s commitment to responsible AI development.
 
 
 
Tax Implications for Businesses Under China’s New Company Law
 
Against the backdrop of the New Company Law, companies, shareholders, and creditors will face new tax implications. A thorough understanding is essential for proactive risk management.
 
 
 
China-Australia Relations: Opportunities, Challenges, and Latest Updates
 
In a significant development, five Australian beef processing plants that had been suspended from exporting to China have had their access restored.
 
 
 
China Monthly Tax Brief: May 2024
 
In this China Monthly Tax Brief for May 2024, we highlight significant developments in taxation for both businesses and individual taxpayers.
 
 
 

We hope you're enjoying this China Edition.

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
An Introduction to Doing Business in Hong Kong 2024
 
 
An Introduction to Doing Business in Hong Kong 2024
 
Hong Kong is the premier hub and gateway for businesses to trade with, invest in, and access the wider China and Asia regions.
 
 
 
 
 
Complying with Vietnam’s Personal Data Protection Decree
 
This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree.
 
 
 
 
An Introduction to Doing Business in Indonesia 2024
 
This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates.
 
 
 

Do you have any feedbackOur teams would love to hear from you!

 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
[CN] Corporate Risk Control Strategies and Practices in China's 2024 Legal Environment | 2024年新环境下中国企业风险控制的策略与实践 – Partnering with CPA Australia
 
澳洲会计师公会上海办事处 | 2024年6月6日,周四 | 14:00 - 16:30 北京时间
 
 
 
Australia-China Trade: From Challenges to Opportunities - What Lies Ahead?
 
Webinar | Thursday, June 13, 2024 | 2:00 PM AEST / 12:00 PM China
 
 
 
Enhancing Supply Chain Financial Management for Your China Operations with DUSA European Business Association
 
In-Person | Tuesday, June 18, 2024 | 14:00-16:00 Beijing Time
 
 
 
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