China Labor Law|Talent Spot
Talent Spot | China Has Released an Eased Negative List for Foreign Investment

China has just announced an version of a negative list to ease the foreign investment rules, removing restrictions to a wider range of sectors including banking, car manufacturing and agriculture as the government fulfill its promise to open the market further.

Talent Spot | China Published Guidelines on Overseas Investment - Part II

The Guidelines are a timely and positive development, which we expect will result in Chinese outbound investments returning to the pre-2016 levels, especially in the “encouraged” category which is likely to enjoy quicker and more efficient regulatory approvals. They represent a reassuring endorsement of China’s Go-Global initiative in the wake of recent uncertainty.

Talent Spot | China Published Guidelines on Overseas Investment - Part I

The Guidelines are a timely and positive development, which we expect will result in Chinese outbound investments returning to the pre-2016 levels, especially in the “encouraged” category which is likely to enjoy quicker and more efficient regulatory approvals. They represent a reassuring endorsement of China’s Go-Global initiative in the wake of recent uncertainty.

Talent Spot | China Plans to Increase Personal Income Tax Threshold

The Chinese government is planning to raise the individual income tax threshold from 3,500 yuan per month to 5,000 yuan, as well as carry out taxation deductions and other tax reforms in a bid to relieve personal tax burdens.

Talent Spot | China Introduces Short-term Hassle- free Work Permits

China has introduced a 90-day short-term Residence Permit for Work for foreigners with specific occupations. Fewer documents are required and it only takes around 15 days to acquire a China Work Permit Notification, and 30 days to get a Residence Permit.

Talent Spot | Things you should know about Labor Disputes and Labor Law Compliance in China

Because of the companies underestimation or ignorance of China labor laws, labor disputes often arises. Keeping up to date with China’s labor regulations and taking proper precautions to prevent disputes from occurring can save employers immeasurable stress.

Talent Spot | Tax Incentives for R&D Activities in China

For china aims to upgrade its tech capabilities, China’s 13th Five Year Plan covering the years 2016-2020 maintain that Upgrading science and technology innovation is a critical thing which should be considered. As part of this effort, on December 27, 2016, the Ministry of Finance (MOF), General Administration of Customs (GAC), and State Administration of Taxation (SAT) issued a joint notice (Cai Guan Shui [2016] No.70) to standardize the duty-free import process of scientific and technological research equipment by scientific research institutions, technology development institutions, and schools.

Talent Spot | The minimum capital requirements for a WOFE

Companies seeking to form a WFOE in China are often confused about Chinese law regarding the minimum registered capital requirements for forming a WFOE. Part of the confusion stems from disreputable entity formation companies that encourage their hiring by claiming they know exactly how much will be required and that they have the ability to get the Chinese government to agree to a really low amount.

Talent Spot | What did the annual session of the National People’s Congress reveal?

“Openness is the key to competitiveness and the greatest advantage of Shanghai,” said Liu Fengming, a vice president of General Electric. “Shanghai is constantly pursuing pilot reforms in the Free Trade Zone and turning itself into a center of finance, trade, shipping and technology innovation. Foreign companies see huge opportunities in the Shanghai government’s willingness to listen to the market and to improve policies to nurture a business environment with legal protections and commerce convenience.”

Talent Spot | Steps to Establish Company in China

Recently the tremendous amounts of the reports show how easy to start the business in China and how the China government endeavor to ease the foreign invested companies by laying out one and another policy. However because of the umfamiliarities with the China investment environment, some still confused about the situation where China government are creating a magnificent investment environment to boost the FDI. So just read this article to get the anatomy of doing business in China

Talent Spot | The latest China Employment Compliance –big things for foreign employers

Many foreign companies in china are misunderstanding the situation where the slightly economic growth will lead the government to favor foreign employers. However the truth is that foreign employers do not protest while the Chinese employees do. Moreover the Chinese government values stability above nearly all else thus our China lawyers are seeing this play out in the following ways to improve the situation for its workers

Talent Spot | China Government Services Improve for the new Economy

China will continue to enhance administrative efficiency to better serve rapidly-growing emerging industries and upgrade old ones, said the document of the State Council, made public on Friday.

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