新闻与评论
New Tax Rules Set to Overhaul China’s Cross-Border E-Commerce Business
As an incredibly booming sector estimated to grow at 40 …
VAT completely replaces Business Tax on May 1, 2016
This is a brief update of our newsletter article on the …
Proposed Amendments to the Anti-Commercial Bribery Provisions Under the Anti-Unfair Competition Law
On February 15, 2016, the Legislative Affairs Office of …
China will soon levy Value Added Tax (VAT) in all industry sectors
On March 7, 2016, the PRC Ministry of Finance and State …
FuJae Partners welcomes Christina Tao and Hong Han on Board
Christina Tao, a general corporate and IP lawyer, and H …
China issues more new tax policies to encourage technology innovation
On October 23，2015, China’s Ministry of Finance (MOF) a …
FuJae and McGuireWoods Form Strategic Alliance
FuJae Partners and International Firm McGuireWoods Form …
AB InBev SAB Miller Merger Tests China’s Competition Watchdogs
As AB InBev and SAB Miller deliberate over the latter’s purchase share price as part of a proposed merger between the two beer giants, China’s competition watchdogs will be eagerly watching. A combined AB InBev/SABMiller would command more than 40% of China’s beer market, enough to guarantee that the Ministry of Commerce (MOFCOM), which enforces the mergers and acquisitions provisions of the China’s 2008 Anti-Monopoly Law (AML), will be closely evaluating the potential implications of this contemplated merger for the Chinese market.
China Streamlines Business Registration
In a move to boost domestic entrepreneurship, China’s government has passed a new regulation stipulating that business licenses, tax registration certificates and enterprise organization code certificates will now all be issued by the State Administration of Industry and Commerce (SAIC). The country’s new business registration system, informally known in Chinese as 三证合一 which translates into “three licenses combined into one”, takes effect on Oct 1 2015.
