China Law Deskbook Legal Update – January/February 2013
Feb. 26 – Jim Zimmerman, the China managing partner of U.S. law firm Sheppard Mullin, is a good friend of China Briefing and is also both the Chairman Emeritus of Amcham China and the author of the China Law Deskbook – considered by many to be the bible of China law. Jim has recently introduced a regular update service to the China Law Deskbook and has kindly given permission for China Briefing to host it here.
Entitled “News and Views from Beijing,” the new January/February issue is available as a complimentary PDF download by clicking here, and contains details of new laws, regulations, and policy trends.
Included in this month’s issue are Jim’s comments on the following new laws, regulations and policy trends:
- China Software Testing Center issued the first set of national guidelines on personal information protection
- China Securities Regulatory Commission released provisions for the newly launched national over-the-counter (OTC) equity transfer system
- Regulations on the Administration of Credit Investigation are officially effective in March
- Ministry of Education issued new regulations providing for penalties for academic fraud
- Amendments to the Criminal Procedure Law effective January 1, 2013
Readers wishing to purchase the China Law Deskbook may visit the site here.
We are grateful to Jim for permitting us to reproduce the original content for the benefit of our readers.
Managing Partner, China, Vietnam & Italy
China National Tax Partner
Dezan Shira & Associates' founder Chris Devonshire-Ellis compares the cost of doing business in China, India and ASEAN. He talks about staying compliment in the Chinese and ASEAN markets and discusses recent regulatory changes, including financial and due diligence issues affecting US companies interested in expanding into China and ASEAN.
Dezan Shira & Associates alumni Manuela Reintgen from its Beijing office, divulges the integral information necessary to handle individual income tax in China. Manuela explores three main topics: First she explains who pays, when they pay, and what individual income tax is levied on.
Adam Livermore discusses the HR and Payroll situation in China. In this particular session, he took questions the audience had from the first podcast and provided clarifying, enlightening information.