foreign direct investment

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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....

Read more

The last PRC-France double tax avoidance agreement had been signed in 1984 ; and has now been replaced by the most recent one, dated from 26 November 2013. The agreement provides for lower levels of dividend withholding tax ; also provides more precise...

Read more

At the beginning of the year, the Notice 87 (Notice on Issues Relating to Renminbi Foreign Direct Investment) took effect. It is an initiative from the Ministry of Commerce ("MOFCOM") and the People's Bank of China to vary the legitimate channels for...

Read more

On April 4th, the Ministry of Commerce of the People's Republic of China (MOFCOM) has given its guidelines for foreign investment in China in 2013. China plans to open up the services sector to foreign investment, and improve the environment for foreign...

Read more