On 13 December 2019, the US Department of Justice (DOJ) announced a revised Export Control and Sanctions Enforcement Policy for Business...
All active BVI entities are required to report to the relevant BVI authority whether they conduct a relevant activity as set out in the...
In further effort to augment the Fund Industry in Singapore, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate...
BVI Finance have sent a circular on the second revision of the Rules issued by the BVI International Tax Authority under the Economic...
On 15 August 2019, the Financial Secretary for the Hong Kong Special Administrative Region (HKSAR), Mr. Paul Chan Mo-po, announced a list...
In order to remove so-called zombie enterprises and reduce the exit costs, thirteen different authorities, including the National...
On July 20, 2019, The State Council of China unveiled eleven measures to further open financial industry (“11 Measures”). The 11 Measures...
The Measures for the Equity Custody for Commercial Banks (“Measures”), were adopted at the second chairman's meeting of China Banking and...
On July 5, 2019 the China Securities Regulatory Commission ("CSRC") issued the Provisions on Equity Administration of Securities...
The Cyberspace Administration of China (CAC) launched a public consultation on the draft Administrative Measures on Data Security (Draft...
China’s Ministry of Commerce (“MOFCOM”) recently announced that it is creating an “Unreliable Entities List,” which will name any...
On March 14, 2019, the Ministry of Finance and the State Administration of Taxation jointly published a new Announcement on the Criteria...
On April 23, 2019, the Standing Committee of the National People's Congress adopted a decision to amend the Anti-Unfair Competition Law....
On April 23, 2019, the Standing Committee of the National People's Congress passed a decision to amend the Trademark Law (“Decision”)....
The British Virgin Islands ("BVI") has enacted legislation that imposes economic substance requirements on all BVI companies and Limited...
China will cut RMB 200 billion (US$29.43 billion) worth of taxes for small and micro firms, as the government seeks to stabilize the...
Following the release of the newly revised Individual Income Tax Law of the People’s Republic of China on August 31, 2018, PRC State...
Starting from 1st January 2019, the social security premiums, including pension insurance, medical insurance, unemployment insurance,...
The Supreme People’s Court and Supreme People’s Procuratorate released the Decisions on Revising the Several Issues concerning the...
As part of its initiatives to combat tax avoidance, the Netherlands has drawn up a list of low-tax jurisdictions¹ (the “Dutch List")...