business in china

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...

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China Compulsory Certification

Published on May 23 2014

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...

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...

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...

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....

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”...

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,...

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...

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...

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...