In July 2021, the Ministry of Human Resources and Social Security of China issued additional guidance on concluding electronic contracts between employers and employees, fleshing out in detail the notice issued in March 2020, which conferred legal validity on such contracts subject to certain conditions.
Qualified enterprises operating in the lifestyle services sector in Mainland China will continue to enjoy a 15% “super deduction” of creditable input VAT in the
Although considered a latecomer to global environmental governance by many, China has been catching up by leaps and bounds, whose staunch commitment to the cause
We delve into the dos and don’ts of choosing a distributor in China and the key things you should consider, from contracts to IP protection. You
What’s New? Starting from 6 June 2022, foreign nationals coming to China for work and dependent family members are not required to apply for the
According to the new regulation recently promulgated by the State Administration for Market Regulation, a real-name authentication is imposed on those individuals who are in
On 28 March 2022, the State Council published the Notice on the Establishment of Individual Income Tax (IIT) Special Additional Deduction for Under-three-year-old Infants and
On 21 March 2022, in order to support the development of micro and small enterprises, manufacturing and other industries, boost confidence of market players and
The Chinese government has released a series of incentives relating to corporate income tax (CIT), value-added tax (VAT), and other taxes for Small and Medium
On 23 February 2022, Hong Kong’s Financial Secretary, the Hon Paul MP Chan, delivered the 2022-23 Budget Speech. Mr. Chan expects Hong Kong to have
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