A must in China not a maybe. Before commencing business operations in China, companies must have obtained a business license from the company registration authority – usually the Administrative of Industry and Commence. The license demonstrates that the company is legal established. Once administrative formalities are completed and approved, such license is issued to the…
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Legal framework between China and HK SAR courts establishes mutual recognition and assistance in filling for cross-border bankruptcy. On 14th May 2021, the Secretary for Justice of Hong Kong and the Vice-President of the Supreme People's Court (SPC) of China signed a record meeting on the mutual recognition of and assistancein filing for cross-border…
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The Futures and Derivatives Law of the People's Republic of China ('FDL') was adopted by the National People's Congress on April 20th and is effective from August 1, 2022. The FDL is a historical development for the financial industry in China. Namely, it aligns future and derivative legislation with international netting practices and promotes standardisation…
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