Tag: law

CHINA | Transferring Personal Data Abroad

Globalization and the digital economy have accelerated the international flow of data. Transmitting personal data abroad from China can be tricky to navigate - especially for companies with heavy data traffic. Many companies transfer the personal information of individuals for daily business operations such as cross-border business or tourism, overseas Cloud storage or IT technology…

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CHINA | Cross-border Tax Service for Non-residents

China introduces an online tax payment service for non-resident enterprises to optimize tax handling and payments. Annual tax filing management can now be conducted via the online tax payment service. This means that non-resident enterprises do not need to be physically present in China to handle tax-related issues. Equally, the online platform optimizes the international…

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CHINA | Determining a Concentration of Undertakings

M&A transactions involving a concentration of undertakings can be deemed as a monopoly. The Provision on the Review of Concentrations of Undertakings clarifies several definitions and sets a standarised legal basis. Effective from 15 April 2023, the State Administration of Market Regulation issued four Provisions supplementing the Anti-Trust Law of the People’s Republic of China…

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