China labour disputes can be extremely costly for companies. Whilst robust employee handbooks, policies and procedures can reduce employee disputes, workplace conflicts can still arise. If left unchecked, companies can face not only legal liabilities but also internal operational disruptions, decreased morale and productivity, as well as possible external reputation damages. Under the Labour Law…
Read moreMonth: November 2022
The Futures and Derivatives Law of the People's Republic of China was adopted by the National People's Congress on April 20th and is effective from August 1, 2022. The Futures and Derivatives Law is a historical development for the financial industry in China. Namely, it aligns future and derivative legislation with international netting practices and…
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For exporters, export tax rebates such indirect taxes paid during the production and distribution process can be refunded. Specifically, exporters are eligible for rebates on value-added tax (‘VAT’) and consumption tax (‘CT’) incurred during the production process. Often export rebate policies are adjusted according to the current economic circumstances to support and promote exports. For…
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