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        <title><![CDATA[Blog Z&H Law Firm Shanghai (www.zhaochenlaw.com)]]></title>
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        <description><![CDATA[The legal and business news in China]]></description>
                    <item>
    <title><![CDATA[Pilot Mechanism for Mutual Connection of Transactions in Shanghai and Hong Kong Stock Markets]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/06/pilot-mechanism-for-mutual-connection-of-transactions-in-shanghai-and-hong-kong-stock-markets.html]]></link>
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    <pubDate>Fri, 06 Jun 2014 08:12:15 +0200</pubDate>
    <description><![CDATA[The latest improvement in Mainland and Hong-Kong relations was an announcement by the “China Securities Regulatory Commission” and the “Securities and Futures Commission of Hong Kong” to approve the initiation of the “Pilot Mechanism for Mutual Connection... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[The significant changes in Environmental Protection Law in 2014]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/06/the-significant-changes-in-environmental-protection-law-in-2014.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/06/the-significant-changes-in-environmental-protection-law-in-2014.html</guid>
    <pubDate>Tue, 03 Jun 2014 07:44:20 +0200</pubDate>
    <description><![CDATA[At the end of April, the Chinese government approved changes to the Environment Protection Law of the People's Republic of China, for the first time in 25 years. The new version of this law will come into force on the 1st of January 2015. The firsts aftermaths... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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                    <item>
    <title><![CDATA[China Compulsory Certification]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/china-compulsory-certification.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/china-compulsory-certification.html</guid>
    <pubDate>Fri, 23 May 2014 03:34:23 +0200</pubDate>
    <description><![CDATA[The China Compulsory Certification (CCC) is a Chinese system of product safety accreditation. It is compulsory for some 159 product types in 23 categories. For this products or categories, the rules say that the products must have the certification mark... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Adoption of a simplified merger review procedure]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/adoption-of-a-simplified-merger-review-procedure.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/adoption-of-a-simplified-merger-review-procedure.html</guid>
    <pubDate>Tue, 20 May 2014 04:41:34 +0200</pubDate>
    <description><![CDATA[The Ministry of Commerce (MOFCOM) released new Guiding Opinions concerning the “Simplified Merger Review Procedure”, aiming at accelerating the review process. Although the provisions are still not very clear on the procedural issues, they set out the... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[From Business Tax to VAT in the telecommunications sector]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/from-business-tax-to-vat-in-the-telecommunications-sector.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/from-business-tax-to-vat-in-the-telecommunications-sector.html</guid>
    <pubDate>Fri, 16 May 2014 03:23:06 +0200</pubDate>
    <description><![CDATA[At the end of April, the Ministry of Finance and State Administration of Taxation jointly issued a circular that confirmed the replacement of the Business Tax (BT) by the Value-Added Tax (VAT) in the telecommunications sector. This transition has very... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[A per day fine system for environmental protection ?]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/a-per-day-fine-system-for-environmental-protection.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/a-per-day-fine-system-for-environmental-protection.html</guid>
    <pubDate>Fri, 09 May 2014 03:26:14 +0200</pubDate>
    <description><![CDATA[The environmental pollution situation in China is now calling for severe penalties for heavily polluting companies. The solution that the Chinese authorities seem to be looking at is the “per day fine” system. First, let us have a look at what the “per... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Opening a retail store in China for foreigners]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/opening-a-retail-store-in-china-for-foreigners.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/05/opening-a-retail-store-in-china-for-foreigners.html</guid>
    <pubDate>Tue, 06 May 2014 07:01:40 +0200</pubDate>
    <description><![CDATA[To set up a retail store in China, foreign investors must first, or concurrently, register a foreign-invested commercial enterprise (FICE). To do so, regulations require first that the applicant has a good reputation; has not committed any acts in violation... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[The opportunity for companies to be listed on the OTC market of China]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/the-opportunity-for-companies-to-be-listed-on-the-otc-market-of-china.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/the-opportunity-for-companies-to-be-listed-on-the-otc-market-of-china.html</guid>
    <pubDate>Tue, 29 Apr 2014 04:17:33 +0200</pubDate>
    <description><![CDATA[The Shanghai Stock Exchange Center published the new standards to meet the financing needs of small and medium enterprises (SMEs). These standards are related to the listing on the OTC market, which was created to help the development of these enterprises.... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[The new &quot;One Window Service&quot; for FIEs in Pudong]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/the-new-one-window-service-for-fies-in-pudong.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/the-new-one-window-service-for-fies-in-pudong.html</guid>
    <pubDate>Fri, 25 Apr 2014 04:02:19 +0200</pubDate>
    <description><![CDATA[In March, the authorities initiated a Pilot project for the Pudong area in Shanghai, the “One Window Service”, concerning the Establishment and Change of Registration of Foreign Invested Enterprises (FIEs). This initiative applies to FIEs in the “encouraged”... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Due diligence outlines]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/due-diligence-outlines.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/due-diligence-outlines.html</guid>
    <pubDate>Tue, 22 Apr 2014 03:51:56 +0200</pubDate>
    <description><![CDATA[For a merger and acquisition operation (M&A), the due diligence process is one of the most important parts, if not the most important. In the timeline of an M&A operation, this step comes after the signing of the letter of intent, and should be conducted... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Circular 14 on mergers and acquisitions]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/circular-14-on-mergers-and-acquisitions.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/circular-14-on-mergers-and-acquisitions.html</guid>
    <pubDate>Fri, 18 Apr 2014 03:39:57 +0200</pubDate>
    <description><![CDATA[Last month, the State Council issued the Circular 14, with many measures to boost merger and acquisition (M&A) operations, in order to encourage enterprises to get bigger and stronger through M&A. As such, new tax measures related to M&A have been implemented.... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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                    <item>
    <title><![CDATA[Cultural differences in contract negotiation]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/cultural-differences-in-contract-negotiation.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/cultural-differences-in-contract-negotiation.html</guid>
    <pubDate>Tue, 15 Apr 2014 03:56:44 +0200</pubDate>
    <description><![CDATA[Sometimes, cultural differences bring difficulties in doing business in China. One of the big differences out there is the approach to contract. As this is a basis of any business relation let us explain how Western and Chinese visions of a contract differ,... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Step by step : company establishment in the Shanghai Free Trade Zone]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/step-by-step-company-establishment-in-the-shanghai-free-trade-zone.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/step-by-step-company-establishment-in-the-shanghai-free-trade-zone.html</guid>
    <pubDate>Fri, 11 Apr 2014 05:07:45 +0200</pubDate>
    <description><![CDATA[The new Shanghai Free Trade Zone (FTZ) offers attractive opportunities for foreign investors to establish a company there. And according to the numbers, a lot of them already have. The lower requirements and less restrictive approval procedures played... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Continuation on changes in China's company registration system]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/continuation-on-changes-in-china-s-company-registration-system.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/continuation-on-changes-in-china-s-company-registration-system.html</guid>
    <pubDate>Wed, 09 Apr 2014 04:35:07 +0200</pubDate>
    <description><![CDATA[We will hereby go over some of the recent changes made to the Registration Administration System of Foreign Invested Enterprises. First, let me state that this article is complementary to the previous article “Major improvements for FIEs registration... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[China is working actively on the enforcement of its rules]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/china-is-working-actively-on-the-enforcement-of-its-rules.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/china-is-working-actively-on-the-enforcement-of-its-rules.html</guid>
    <pubDate>Fri, 04 Apr 2014 11:12:51 +0200</pubDate>
    <description><![CDATA[It looks like China is gone hunting lately. What I mean that it is strengthening its enforcement efficiency. Two recent sets of examples brought me to this statement. First, the release of the “Opinions on Some Issues concerning the Application of Law... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Financing options and foreign currency settlement for FIEs in the FTZ]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/financing-options-and-foreign-currency-settlement-for-fies-in-the-ftz.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/04/financing-options-and-foreign-currency-settlement-for-fies-in-the-ftz.html</guid>
    <pubDate>Tue, 01 Apr 2014 03:05:02 +0200</pubDate>
    <description><![CDATA[The Shanghai Branch of the State Administration of Foreign Exchange has issued a Circular with new measures to create a better environment for foreign-invested enterprises (FIEs) of the Shanghai Free Trade Zone (FTZ) to conduct cross-border trading and... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[VAT invoices updates ]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/vat-invoices-updates.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/vat-invoices-updates.html</guid>
    <pubDate>Fri, 28 Mar 2014 02:35:47 +0100</pubDate>
    <description><![CDATA[A new announcement of the State Administration of Taxation has recently taken effect. It simplifies the procedures related to value-added tax (VAT) invoices, including the procedure for the approval or loss of special VAT invoices. The former method of... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[New tax measures as of March 2014]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/new-tax-measures-as-of-march-2014.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/new-tax-measures-as-of-march-2014.html</guid>
    <pubDate>Tue, 25 Mar 2014 02:24:41 +0100</pubDate>
    <description><![CDATA[Today, let us have a look at the main new features in Tax Law as of March 2014 First, the list of services which are subject to VAT at 0% because of the policy of VAT refund to tax payers for exportation of certain services has been expanded. International... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Do not forget environmental laws]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/do-not-forget-environmental-laws.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/do-not-forget-environmental-laws.html</guid>
    <pubDate>Fri, 21 Mar 2014 02:15:37 +0100</pubDate>
    <description><![CDATA[The environmental laws of China have been improving throughout the last years. Today, it has become a major element to take into account, and no foreign investor should underestimate the importance to comply with them when conducting their operations.... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Inbound and Outbound Investment News in the Shanghai Free Trade Zone]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/inbound-and-outbound-investment-news-in-the-shanghai-free-trade-zone.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/inbound-and-outbound-investment-news-in-the-shanghai-free-trade-zone.html</guid>
    <pubDate>Tue, 18 Mar 2014 04:25:33 +0100</pubDate>
    <description><![CDATA[The New Shanghai Pilot Free Trade Zone (FTZ) brings out a significant number of improvements in the field of cross-border investment. Historically heavily regulated in China, cross-border investments know an important deregulation effort in the FTZ. Let... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Shanghai Free Trade Zone : Telecommunication &amp; Shipping]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/shanghai-free-trade-zone-telecommunication-shipping.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/shanghai-free-trade-zone-telecommunication-shipping.html</guid>
    <pubDate>Fri, 14 Mar 2014 02:50:36 +0100</pubDate>
    <description><![CDATA[One of the main objectives of the Shanghai Pilot Free Trade Zone (FTZ) is the further opening up of the service sector to foreign investors. Let us look at two specific examples that could be of interest for foreign investors : telecommunication and shipping.... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Comparison France-China in calculating damages in IP infringement cases]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/comparison-france-china-in-calculating-damages-in-ip-infringement-cases.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/comparison-france-china-in-calculating-damages-in-ip-infringement-cases.html</guid>
    <pubDate>Tue, 11 Mar 2014 02:17:13 +0100</pubDate>
    <description><![CDATA[To assess damages in Intellectual Property cases is always a difficult task, whatever the country. Let us compare the methods used in China and France today. The main regulation for this topic in China Law is the article 65 of China's Patent Law, specifically... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[What do you risk by being a legal representative in China ?]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/what-do-you-risk-by-being-a-legal-representative-in-china.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/what-do-you-risk-by-being-a-legal-representative-in-china.html</guid>
    <pubDate>Fri, 07 Mar 2014 02:35:06 +0100</pubDate>
    <description><![CDATA[Being the legal representative of a Company always comes with legal risks. China is no exception. The Anti-Monopoly Law, Civil Law and Company Law provide us with details on this situation. First, let us remind of what a legal representative is : under... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[The right approach]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/the-right-approach.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/03/the-right-approach.html</guid>
    <pubDate>Tue, 04 Mar 2014 02:20:07 +0100</pubDate>
    <description><![CDATA[Let us this time deal with general considerations, in order not to get wrong methods when you start doing business with China. First, assume that what you think you recognize here is similar only at first glance. The culture, even if it gives the impression... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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    <title><![CDATA[Major improvements for FIEs registration in PRC as from March 1st of 2014]]></title>
    <link><![CDATA[https://zhaochenlaw-zh-shanghai.overblog.com/2014/02/major-improvements-for-fies-registration-in-prc-as-from-march-1st-of-2014.html]]></link>
    <guid>https://zhaochenlaw-zh-shanghai.overblog.com/2014/02/major-improvements-for-fies-registration-in-prc-as-from-march-1st-of-2014.html</guid>
    <pubDate>Fri, 28 Feb 2014 10:15:51 +0100</pubDate>
    <description><![CDATA[The latest revision of the Chinese Company Law will come into effect on March the 1st of 2014. It is of particular importance since a communication of the State Administration of Industry and Commerce in November 2013 that confirmed that the Foreign Invested... ]]></description>
        <dc:creator><![CDATA[Z&H Law Firm (www.zhaochenlaw.com)]]></dc:creator>
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