News & Insights
China introduces Circular 88, offering new dividend withholding tax exemption to encourage foreign investment
To counter the recent slowdown of foreign direct investment in China and the decision of some multinationals to move their manufacturing operations to South Eastern Asia countries, the Chinese government has been pushing for greater investment incentives to attract and keep foreign direct investment in China.
FuJae Partners Recognized by The Legal 500
FuJae Partners is recognized by The Legal 500 Asia Pacific as one of the leading PRC Firms in China Tax Practice. In addition, David Liu of the firm is listed in the elite “Leading lawyers” list of The Legal 500 Asia Pacific 2018’s guide to outstanding lawyers in Asia Pacific in the category of China …
FuJae Partners Recognized by Professional Media
FuJae Partners is recognized by The Legal 500 Asia Pacific as Band 2 Law Firm in Tax PRC Firms category This reflects market’s confidence in the firm’s strong tax practice led by senior partner David DF Liu.David DF Liu, a corporate/M&A lawyer and a tax specialist, is also ranked by The Legal 500 Asia Pacific …
FuJae Partners Recognized by Professional Media
FuJae Partners is recognized by Asialaw Profiles in the Guide to Asia-Pacific’s Leading Domestic Law Firms 2017, as a local China based firm recommended for Taxation. This reflects market’s confidence in the firm’s strong tax practice led by senior partner David DF Liu. Richard Yao, a corporate/M&A specialist and the head of corporate/M&A practice of …
Breakthroughs in Chinese IP Court
We have recently won 5 trademark administrative cases (3 refusal reviews and 2 opposition reviews) in Beijing Intellectual Property Court, successfully reversing the decisions of the TRAB (Trademark Review and Adjudication Board) and protecting our client’s trademarks. In the 3 refusal review cases, the court confirmed the effect of a consent letter for trademark co-existence …
YONSEI AND YILI PACT SIGNED
Yonsei University signs a strategic cooperation pact with Yili Group, a diary product market leader in China. The deal will involve a joint effort to promote premium quality milk made by Yonsei in China, with a transaction value of approximately 350 million United States dollars over the next ten years. Yonsei University was advised by …
New Tax Rules Set to Overhaul China’s Cross-Border E-Commerce Business
As an incredibly booming sector estimated to grow at 40% annually, cross-border e-commerce industry in China is often criticized as a grey zone that is hardly regulated. One of the key questions often asked is whether the products handled by e-commerce enjoy some type of special deal, such as reduced import duty or market access. …
VAT completely replaces Business Tax on May 1, 2016
This is a brief update of our newsletter article on the same subject matter dated March 15, 2016. Since the issuance of Notice Caishui [2016] No. 32 on March 7, 2016, the PRC Ministry of Finance and State Administration of Taxation have subsequently issued a series of tax circulars (Subsequent Tax Circulars) in March and …
Proposed Amendments to the Anti-Commercial Bribery Provisions Under the Anti-Unfair Competition Law
On February 15, 2016, the Legislative Affairs Office of the State Council published, for public comment, a draft of the amended Anti Unfair Competition Law (the AUCL) which the State Council proposes the National People’s Congress or NPC should adopt (Proposed Draft). As a matter of procedure, the Proposed Draft is not yet in its …
