Hong Kong Budget 2024-2025 - Government Implements New Tax Arrangements and Extends Funding Schemes

Tax & Accounting

The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.

Industries

China’s New Draft Regulations for After-School Tutoring

China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.

Legal & Regulatory

The New Hong Kong-Mainland Reciprocal Enforcement of Judgments Regime Took Effect on Jan 29

The new Hong Kong-Mainland Recognition and Enforcement of Judgments (REJ) regime came into effect on January 29, 2024. In this article we introduce the essentials of this scheme and assess its potential ramifications on businesses.

Legal & Regulatory

Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code

We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.

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Economy & Trade

Economy & Trade

What to Expect for the 2024 Two Sessions - GDP Growth Target and Policy Agenda

Feb 29

The 2024 Two Sessions – the annual plenary meetings of China’s parliament (NPC) and advisory body (CPPCC) – will start on next Monday, March 4. This year's meetings are particularly highly anticipated, when everyone is watching closely how the Chinese government intend to support growth.

 

Tax & Accounting

Tax & Accounting

Hong Kong Budget 2024-2025 - Government Implements New Tax Arrangements and Extends Funding Schemes

Mar 01

The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.

 

Legal & Regulatory

Legal & Regulatory

China’s New Draft Regulations for After-School Tutoring

Feb 23

China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.

Industries

Industries

Navigating the Impact of OpenAI’s Sora on China’s AI Industry

Feb 28

Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.

 

HR & Payroll

HR & Payroll

A Guide to Minimum Wages in China (Last Updated on February 19, 2024)

Feb 19

Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.

 

Technology

Technology

Navigating the Impact of OpenAI’s Sora on China’s AI Industry

Feb 28

Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.

 

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