Hold your horses and take a breath. Subject to certain assumptions surrounding the Law on Foreign Relations of the People's Republic of China, effective from 1 July, the new law establishes two key points: uphold international law and safeguard national interests by the rule of law. The Law on Foreign Relations ('LFR') is a comprehensive…
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The State Administration of Taxation recently issued the Guidelines for Tax and Fee Preferential Policies in Support of Green Development ('Guidelines'). The Guidelines aim to reduce the discharge of major pollutants and effectively control environmental risks by implementing preferential tax policies and promoting high-quality development. We highlight the main tax reductions and exemptions below. Contract Energy…
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Globalization and the digital economy have accelerated the international flow of data. Transmitting personal data abroad from China can be tricky to navigate - especially for companies with heavy data traffic. Many companies transfer the personal information of individuals for daily business operations such as cross-border business or tourism, overseas Cloud storage or IT technology…
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