Tax

A sweeping VAT reform takes place in China on January 1 2009. It will benefit many domestic companies but could block the cash-flow of some foreign invested enterprises, removing advantages enjoyed under the old tax regime. By Joanna Law.

Export tax rebate rate lowered for textile products.

The government's tax cutting measures issued on October 22 were an attempt to bolster China's sagging real estate market, however the initial impact…

Curbs on property transactions lifted.

Vsevolod Markov and Nataliya Shapovalova McGuire [email protected], [email protected] Kazakhstan, all taxes and main fees and…

Zhaokang JiangSandler, Travis & [email protected] the corporate world, a different customs value report by the importer of record results…

Volodymyr ShkredArzinger & [email protected] is an open economy with a free market, which has a competitive business climate…

China has further clarified tax preferences for high- and new-technology enterprises (HNTEs) in a recent Working Guideline. Applicants that can satisfy tougher and more precise qualification criteria will benefit from clear and objective evaluation procedures, but must be prepared for broad scrutiny of their tax and legal compliance. HNTE status can be lost through business changes including mergers or acquisitions.

After 12 months of innovative and pioneering work and four months of research, interviewing and profiling, the 2008 China Law & Practice awards were presented in Beijing on September 18. The winning deals and firms were recognised for their impact on China's legal community.