NEWS
NEWS
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In accordance with the Chinese Tax Law, from 2020, every tax resident of China shall be required to declare the gross individual income of the previous year (hereinafter referred to as “annual declaration” ). Recently, we have received a lot of inquiries from foreigners on annual declaration. Hereby, we are going to give a guidance and share the policy of subsidizing foreign individuals working in the Great Bay Area.
“Detailed Implementation Rules for the Pilot Program of Facilitating Examination for Revenue Payment under Capital Accounts in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” (Shen Wai Guan [2018] No.20)
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On January 14th 2020, China Banking and Insurance Regulatory Commission (CBIRC) published Implementation Measures of the CBIRC for the Implementation of Administrative Licensing Items concerning Non-Banking Financial Institutions (Consultation Paper), to consult the public for comments. The deadline for feedback was February 13, 2020.
Responding to the coronavirus infection and pneumonia (2019-nCoV), The Chinese government has been issuing various regulations to support enterprises in this difficult period. Those regulations are mainly related to the Value-Added Tax (short for VAT), enterprises’ losses and donations contributed to tax adjustment.
On January 16, 2020, the Arbitralwomen Inaugural Panel Session with the theme of “ArbitralWomen Challenge: Becoming Future Leaders in International Arbitration” was successfully held in Shanghai. The session was sponsored by the ArbitralWomen.......