A client of our law firm comes to me, he told me that their company has no enough money to expand their business, and as a manager he felt so helpless. Like this circumstance comes to many WOFEs in China, generally speaking, company can get loan from banks or other financial institutions on the...

This article is copied from the website of local taxation bureau of An Hui province. Q1. How shall the foreign individual’s obligation to pay tax in the People’s Republic of China be determined? A1. Whether the foreign individual is a resident taxpayer or non-resident taxpayer shall be...

Foreign capital can be injected into Chinese market through investment which includes establishment, merger and acquisition. Establishment can promote production capacity, production and employment; however, merger and acquisition just change the ownership of the company but not change the capital...

Background A senior managing director of a wholly American-owned enterprise went to the competition company after resign. This senior director signed non-competition agreement with the American company, which prohibited him from working for a competition company. As consideration, the...