Company Liquidation in China: Key Challenges to Wind-up your Chinese Company

18 December 2011
Where a buyer cannot be found, or the income from a sale does not measure up to the remaining liquidation value of the assets, the most common alternative is to wind-up the business. Liquidation refers to the voluntary termination of the company’s operations and its formal termination. After layoffs of employees, selling remaining assets and […]
READ MORE

Cooperating with Staffing Firms in China

19 September 2011
This article was written for, and first appeared in the March 2011 issue of China Law & Practice, a Euromoney publication. One of the sections (Chapter 5, Section 2) of the PRC Labor Contract Law that altered China’s employment law landscape from 1 January 2008 onwards for the first time provided strict rules on the […]
READ MORE

Intellectual Property Rights in China

31 August 2011
[The below text will be published as Chapter 3.5 (IP) of “Equipment Manufacturing and Machinery in China: Business opportunities for Dutch SMEs in China”, written by the Netherlands Business Support Office (NBSO) Dalian, together with other NBSO’s, Consulates-General, the Dutch Embassy, R&P China Lawyers, FME-CMV, PTL Group and EU SME, which will be presented at […]
READ MORE

Expatriate Social Insurance in China: What Happens After 1 July 2011?

25 August 2011
In the months since the promulgation of the PRC Social Insurance Law in October 2010, employers of expatriate workers have become increasingly concerned on how the new law will impact their business. The law states that rules on mandatory contribution of social insurance apply not only to Chinese employees but also to expatriates, including those […]
READ MORE

RMB Bank Accounts for Foreign Companies Trading with China

11 July 2011
On a recent trip to Europe, several clients asked me about the possibility of establishing Chinese currency (“RMB”) accounts in Hong Kong and other offshore jurisdiction, to facilitate trade with Chinese customers and suppliers. Since 2009, China has gradually made it easier for foreign companies to trade in RMB, and this is offering new opportunities […]
READ MORE

New Rules Impact Individual Income Tax Liabilities in China

1 July 2011
On 30 June 2011, China’s National people’s Congress announced some major changes to the collection of individual income tax (IIT). These will undoubtedly have a large impact on employees but could also influence the payment practices of foreign-invested companies in China. The new rules will be implemented after the summer, on 1 September 2011. 1. […]
READ MORE

Due Diligence - the First Step to M&A Business in China

19 April 2011
This article is an extract from Chapter 8 (Mergers and Acquisitions) of “Chinese Commercial Law: A Practical Guide”. Published in October 2010 by Kluwer Law International, author Maarten Roos (Managing Director of R&P China Lawyers) wrote this book for foreign managers with operations in China. It is available through the publisher (www.kluwerlaw.com) or in online […]
READ MORE

Purchasing Colonial Religious Property in China

19 April 2011
Recently, one of our clients consulted us on the purchase of an old house located in Shanghai. After investigating its ownership, we found that the house was in fact an old colonial property belonging to a catholic group. As a result, we had to advise our client that under present PRC laws and practices, it […]
READ MORE

Risky Business: China Issues New Rules on Permanent Establishment Risk for Foreign Business in China

2 April 2011
Many foreign companies are unaware that their business may be subject to Chinese corporate income tax if such business creates a Permanent Establishment (PE) in China. In a recent notice, the State Administration of Taxation clarifies in great detail how PE conditions apply to a foreign company’s domestic activities, and gives local tax bureau’s better […]
READ MORE

China Strengthens Administrative Enforcement of Patent Infringements

2 March 2011
China’s patent owners have two legal remedies to tackle infringements: the civil lawsuit or the administrative action. However, since administrative departments lost the authority to decide on compensation for damages of infringement under the amended PRC Patent Law of 2001, the number of administrative actions has gradually decreased. This may be about to change. Administrative […]
READ MORE
1 … 17 18 19 20 21 22
clockmenu