On 10 June 2021, the Standing Committee of the National People's Congress ("NPC") adopted the Anti-Foreign Sanctions Law of the People's Republic of China. The Anti-Foreign Sanctions Law ('AFSL') establishes the regulatory framework for foreign persons, both legal entities and individuals, acting against China's national interests. For foreign companies and individuals working in or with…
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Foreign investors may decide to close their China operations for various reasons. Closing operations in China involves dissolving and liquidating the company. Abandoning a company without completing the legal requirements can result in severe penalties for personnel and the company. Specifically, the personnel and company can be blacklisted, and individuals may not re-enter China or…
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In Russia, come in altri paesi, le transazioni internazionali vengono sempre più spesso regolate in valuta nazionale. In questo caso il rublo. Un vantaggio e una semplificazione, che non è comunque esente da vincoli severi. I pagamenti in rubli, sia in entrata sia in uscita dal paese, sono infatti sottoposti a controlli rigorosi predisposti dal…
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