Other Briefings
Tax Implications for Businesses Under China’s New Company Law
Under 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.
China Releases New Draft Regulations on Generative AI
China 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.
Shanghai Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows
Shanghai’s Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.
An Introduction to Doing Business in Hong Kong 2024
This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.
Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer
The Tianjin Free Trade Zone has released China’s first data Negative List outlining the types of data that must undergo a security review by China’s cybersecurity bureau to be transferred out of China.
China Introduces New Policy Measures to Facilitate the Movement of Residents
China’s National Immigration Administration has introduced a range of measures to simplify entry and exit procedures, extend business stays, and address tourism needs, aligning with the vision of a more integrated Greater Bay Area.
China Announces Industrial Equipment Upgrading Action Plan
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
