The New Foreign Investment Law

Posted by Nina Wang on July 16, 2019

Nina Wang

In response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020.

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How to Respond to the US-China Trade Friction

Posted by Nina Wang and Tim Hilligoss on January 29, 2019

The year of 2018 was essential to the world’s two greatest trading nations:  the United States and China. Throughout 2018, the Trump administration proposed and launched a series of policies imposing additional duty rates on a wide range of products imported from China. China retaliated immediately by publishing a list of products imported from US as targets for an additional 25% tariff. This trade friction is sweeping worldwide and has significant impacts on businesses.


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Impacts of the New China IIT Law

Posted by Nina Wang on January 28, 2019

On August 31, 2018, China passed the Draft Amendment to the Individual Income Tax Law (IIT Law), which is the most significant revamp in the past 38 years.  The amendments will have a significant impact on foreigners living in China.  The following is an overview of the key changes that may affect individuals in the global mobility arena.


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China Released Tax-Reduction Measures

Posted by Nina Wang on January 10, 2019

In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).


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