Released on the 7 July 2022, the Measures for the Security Assessment of Outbound Data Transfers becomes effective from 1 September (‘Measures’). The Measures published by the Cyberspace Administration of China supplements the Data Security Law and Personal Information Protection Law adopted in 2021. It setts forth the security assessment obligations for companies in China…
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Companies navigating China transfer pricing within an M&A can face a number of risks. Generally, risks emerge when integrating the target into the group framework. In 2021, mergers and acquisitions (M&A) cases completed in China broke new historical heights, according to the data from the Ministry of Commerce in China. Successful M&A should encompass various…
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On 28 June, the State Taxation Administration issued Implementation of the Stamp Duty Law of the People’s Republic of China and other Related Matters - Notice No. 14 (‘Notice 14’). Effective from 1 July 2022, Notice 14 replaces the Interim Regulations of the People’s Republic of China and regulates the stamp duty reforms within the…
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