Month: June 2021

CHINA | Stop Acting Against National Interests

On 10 June 2021, the Standing Committee of the National People's Congress ("NPC") adopted the Anti-Foreign Sanctions Law of the People's Republic of China. The Anti-Foreign Sanctions Law ('AFSL') establishes the regulatory framework for foreign persons, both legal entities and individuals, acting against China's national interests. For foreign companies and individuals working in or with…

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Necessaria una sede in Russia per lavorare su RuNet

Un mercato immenso, tutto virtuale, ma assai remunerativo. Sono 500 mila i visitatori che in Russia si affacciano sui siti internet e sulle pagine social in lingua russa delle società commerciali estere operanti su RuNet, l’internet russo. Si tratta di una cifra record, che dà fiato a imponenti transazioni on line. Tra gli operatori si…

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CHINA | Why Liquidating Your Company is a Must

Foreign investors may decide to close their China operations for various reasons. Closing operations in China involves dissolving and liquidating the company. Abandoning a company without completing the legal requirements can result in severe penalties for personnel and the company. Specifically, the personnel and company can be blacklisted, and individuals may not re-enter China or…

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