Franchising American restaurants in China was recently in the news amid reports that fast food giant McDonald’s has sold its mainland China and Hong Kong businesses to a consortium between the state-owned Chinese conglomerate Citic and the American private equity giant Carlyle Group for $2.03 billion. Among the key points of the deal was that […]
As its economy has evolved China’s labor laws have also evolved. While independent contractors, an increasingly common trend in the United States and Japan, the world’s first and third largest economies, respectively, continue to embrace this model with increasing enthusiasm, this labor model has not taken off in the same way in China. This is […]
OUR INSIGHTS • New income tax policies for equity incentives and technology TAX • Updates to corporate tax regulations CORPORATE ADVISORY • SAIC to simplify deregistration of enterprises nationwide • China to further liberalise elder care industry HUMAN RESOURCES • Temporary adjustments in social insurance law for pilot programme • New Shanghai […]
OUR INSIGHTS • New income tax policies for equity incentives and technology TAX • Updates to corporate tax regulations CORPORATE ADVISORY • SAIC to simplify deregistration of enterprises nationwide • China to further liberalise elder care industry HUMAN RESOURCES • Temporary adjustments in social insurance law for pilot programme • New Shanghai […]
OUR INSIGHTS • New income tax policies for equity incentives and technology TAX • Updates to corporate tax regulations CORPORATE ADVISORY • SAIC to simplify deregistration of enterprises nationwide • China to further liberalise elder care industry HUMAN RESOURCES • Temporary adjustments in social insurance law for pilot programme • New Shanghai […]
Under Chinese law, every company must have a legal representative when starting a company or opening a new business in the PRC. A company’s legal representative is the individual who serves as the legal embodiment of the company’s interests for purposes of the Chinese government. His or her name appears on the company’s business license […]
Employee terminations in China can be quite unlike terminating an employee in other countries. Whether the termination is for cause because the employee was embezzling from the company or for legitimate performance reasons, terminating an employee in China can often lead to a somewhat torturous and lengthy process that can turn very ugly very quickly. […]
Many foreign businesses are reluctant to register their brand name into Chinese, assuming that the brand will be recognizable, distinctive, and protected by one trademark filing. In reality, it is critical to ensure that the trademark name is also registered in Chinese. To begin with, it is important to understand that if the trademark is […]
In a recent development that could either spell great news or a reason for fear for foreign workers in China, on September 9, 2016, China’s State Administration of Foreign Experts Affairs (“SAFEA”), one of two Chinese government agencies currently charged with administering China’s visa program for foreign workers, announced major changes to China’s visa system […]
The Companies Law of the People’s Republic of China requires that all foreign-owned corporate entities have a registered physical address in China. However, many foreign investors have gambled (and lost) that Chinese authorities will not catch on if they simply use an inappropriate address (whether it be a virtual office or an address that has […]
The EB-5 visa is a United States visa program for immigrant investors that was first instituted by the federal Immigration Act of 1990. The EB-5 visa provides means to obtain a green card, and eventually a path to permanent residency in the United States, for foreign investors who invest large sums of money in the […]
Much of the world, China included, is in shock over the recent election of billionaire property developer and TV reality shows mogul Donald J. Trump in the United States. All of the pre-election polls, and even many of the leaders of Mr. Trump’s own Republican Party themselves, had written him off going into this past […]