Legal

The Circular aims to prevent tax evasion by non-tax-resident enterprises through transfer of equity.

The Interpretation gives further insight on the scope of protection of invention and utility model patents and the determination of infringement thereof, determination on an infringement of a design patent, defence on the ground of prior art or prior use, and confirmation of non-infringement.

Calculation of the business turnover of a business operator in a concentration clarified.

A new British law will force any company with a business presence in the UK to operate an adequate anti-bribery policy overseas. The burden is likely to be particularly heavy for those operating in China

New rules on foreign-invested partnerships have raised hopes of a new investment vehicle for inbound business. But their effectiveness appears limited

China's highest court has published a judicial interpretation of the PRC Patent Law which gives significant guidance on many issues facing foreign rights owners

A tax circular which seeks to strengthen the administration of tax on income derived from equity transfer may have a profound impact on non-resident investors using offshore vehicles. But the authorities have some legal hurdles to clear

As its economy continues to grow rapidly, China is looking for more outlets for its foreign exchange reserves. This is a trend which is reflected by recent legislation on overseas investment

Commitment, energy and the right corporate culture are all needed in order to keep corruption at bay