China Issues New Fair Competition Review Regulations in Effort to Improve the Business Environment

Legal & Regulatory

The new rules prohibit local governments from including content that could favor or discriminate against certain companies when drafting legislation and policy measures.

Economy & Trade

China’s 2024-25 Energy Conservation and CO2 Reduction Plan - Compliance Considerations for Businesses

Companies in heavily polluting industries may come under increased pressure to help meet China's emissions reduction targets for 2024 and 2025.

Legal & Regulatory

New Data Security Risk Assessment Rules for Industry and Information Technology Sectors

New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.

Legal & Regulatory

Complying with New Registered Capital Rules under China's Revised Company Law

Companies established before the new company law comes into effect will have three years to adapt to new rules on registered capital in China.

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Economy & Trade

Economy & Trade

EU-China Relations After the 2024 European Elections: A Timeline

Jun 21

Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.

 

Tax & Accounting

Tax & Accounting

Understanding IFRS 18: Key Updates for Financial Statement Presentation and Disclosure

Jun 11

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

    Tax & Accounting Jun 03

    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.

  • Tax Implications for Businesses Under China's New Company Law

    Tax & Accounting May 31

    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.

  • Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024

    Tax & Accounting May 27

    The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

  • An Introduction to Doing Business in Hong Kong 2024

    Tax & Accounting May 20

    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.

 

Legal & Regulatory

Legal & Regulatory

China Issues New Fair Competition Review Regulations in Effort to Improve the Business Environment

Jun 24

The new rules prohibit local governments from including content that could favor or discriminate against certain companies when drafting legislation and policy measures.

Industries

Industries

China’s Wine Market Outlook: Trends and Opportunities

Jun 14

China's wine market, with new trends and shifting consumption patterns, present opportunities for foreign wine producers and exporters.

 

HR & Payroll

HR & Payroll

Guide to HR Compliance and Best Practices in China

Jun 19

In our publication, "Guide to HR Compliance and Best Practices in China", we discuss key considerations from hiring to staff management and compliance with legislative updates and data security laws.

  • China's Visa-Free Policies: Latest Updates

    HR & Payroll Jun 17

    With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.

  • Managing Recruitment Risks in China: A Comprehensive Approach

    HR & Payroll Jun 07

    Recruitment carries inherent risks. Non-compliance with labor laws, as well as violations of employment equality and personal information protection regulations during the recruitment process, can result in administrative penalties or other legal consequences. 

  • Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024

    HR & Payroll May 27

    The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

  • An Introduction to Doing Business in Hong Kong 2024

    HR & Payroll May 20

    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.

 

Technology

Technology

EU-China Relations After the 2024 European Elections: A Timeline

Jun 21

Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.

 

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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

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