Features & Analyses

The recently issued PRC Employment Contract Law affects all employment relationships in the PRC. Increased employee protection is provided by requirements for the establishment, implementation, amendment and termination of contracts.

China's surge in initial public offerings has been met with an extremely enthusiastic response from both local and foreign investors. The increase in activity has also been warmly welcomed by professional service providers such as law firms, which have benefited immensely from the booming market. This month, China Law&Practice looks at some of the most successful listings of the past year and the legal advisers that worked on them.

Many exports from China are subject to higher net value-added tax (VAT) costs under a notice effective from July 1 2007.

Cross-border "round-trip" investments and related transactions are now supported and constrained by newly-standardized comprehensive governmental procedures for foreign exchange registration.

China's surge in initial public offerings has been met with an extremely enthusiastic response from both local and foreign investors. The increase in activity has also been warmly welcomed by professional service providers such as law firms, which have benefited immensely from the booming market. This month, China Law&Practice looks at some of the most successful listings of the past year and the legal advisers that worked on them.

PRC domestic savings will soon have additional overseas outlets, as regulations are issued to permit more types of outbound investment by greater types of qualified domestic institutional investors.

The new Law provides a comprehensive framework for the protection of property rights for both foreign and domestic parties. Clarity of title and stability of property rights will be easier to attain.

The PRC Property Law improves upon the existing vague legal provisions and inconsistent local authority practices regarding share pledges.

New regulations on commercial franchises should contribute to making the mainland a much more accessible market for international franchisors. What are the new rules, and what questions regarding franchises remain unanswered?