Description
If you have responsibility for your company's operations in China, then you must take into account the legal and regulatory complexities of doing business there.
From managing transfer pricing . . . to finding tax efficient ways to operate a supply chain. . .to complying with the PRC’s new M&A rules, to staying on top of the new Anti-Monopoly, Contract, and Employment Tax Regulations. . . to issues relating to China’s Company Law, your decisions about China's business operations require an understanding of the country's tax and finance rules and regulations.
TABLE OF CONTENTS:
OVERVIEW
China: Full of Eastern Promise?
Dale Fisher and Derek Roth-Biester (Pinsent Masons)... page 7
The Value Game in China
Steve Monaghan (Competitive Capital Management Group)... page 11
Chinese Private Equity: A Paradigm Shift
Jay M. Tannon and Kaichen Xu (Pillsbury Winthrop Shaw Pittman LLP) ... page 17
PWC Global CEO Survey: 55% See Expansion in China; Cost-Cutting No Longer Primary Goal in Globalization
PricewaterhouseCoopers... page 23
LAW AND REGULATORY ISSUES
New PRC Company Law Effective 1/1/06: Significant Changes Impact Limited Liability Companies and Joint Stock Companies
Elaine Lo and Penny Lau (Johnson Stokes & Master, Hong Kong) ... page 29
China’s New Foreign Exchange Control Rules
Z. Alex Zhang and Patrick H. Hu (Jones Day) ... page 33
China’s New Draft Contract Law Will Impact International Corporate Concerns on Sarbanes-Oxley and IP
Meg Utterback (Thelen Reid and Priest LLP) ... page 39
China’s Long-Awaited Anti-Monopoly Law Takes Another Step Forward
Rouse & Co. International ... page 43
China’s SAIC Issues Implementing Opinions On Registration of Foreign Investment Enterprises
Stanley Jia, Bradley Herrold, Bo Jiang, Zhao Yang (Baker & McKenzie) ... page 45
Arrangements For Reciprocal Enforcement of Commercial Judgments Between Mainland China and Hong Kong
Iain Seow and Brian Pong (Jones Day) ... page 49
China: New Circular Issued to Regulate Foreign Investors Investing in Real Estate in PRC
Ryan Chang, Nancy Marsh, and Simon Tam (Deloitte Touche Tohmatsu, Shanghai) ... page 55
PRC Capital Markets: Equity Offerings by Listed Companies
Jean-Marc Deschandol and Steven Towell (Norton Rose) ... page 59
New Employment Tax Regulations in China To Impact Taiwan, Hong Kong, and Macau Residents
Ernst & Young (China) ... page 63
PRC Anti-Money Laundering Law
Susan Finder (Heller Ehrman, Hong Kong) ... page 67
Supreme People’s Court Interpretation Concerning the Arbitration Law
Susan Finder (Heller Ehrman, Hong Kong) ... page 71
New Enterprise Bankruptcy Law
Susan Finder (Heller Ehrman, Hong Kong) ... page 75
TAX ISSUES
Building a Tax-Effective Supply Chain in China with Bonded Logistics Centers
Ernst & Young (China) ... page 81
PRC Releases Implementation Guidelines on Mutual Agreement Procedures: Resolution of Cross-Border Tax Disputes Targeted
Ernst & Young (China) ... page 87
China Registration Program
Ernst & Young (China) ... page 91
New Corporate Income Tax Report
Ernst & Young (China) ... page 97
New Tax Law Provides Relief to Investors in Chinese Companies Owned Through U.S. Holding Corporations
Daniel M. Berman and Gerald P. Towne (Thelen Reid & Priest, LLP) ... page 103
China Strengthens Its Transfer Pricing Policies: Who Will Be Subject to China’s More Robust Approach? Is Hong Kong’s Transfer Pricing Regime More Stringent?
Vivien Chan (Vivien Chan & Co.) and Larry R. Kemm (McDermott Will & Emery LLP) ... page 107
The Changing Transfer Pricing Environment in China
Steven D. Harris, KPMG LLP (U.S.) and Steven Tseng, KPMG Huazhen (China) ... page 111
Structuring Implications of the New Double Tax Arrangement Between Mainland China and Hong Kong
Ernst & Young (China) ... page 117
Taxpayers Should Retain Records for as Long as Possible in Light of Recent Ruling
Owen Chan (Ernst & Young, Hong Kong) ... page 125
State Council Adjusts Export VAT Tax Rebate Sharing System
Ernst & Young (China) ... page 129
China Implements New Individual Income Tax Filing Requirements for Employers and Withholding Agents
Ernst & Young (China) ... page 131
PRC Tax Update
Baker and McKenzie (China)
FINANCE ISSUES
New Chinese Regulations Affect M&A, Competition and Venture Capital
Wilmer Cutler Pickering Hale and Dorr LLP, China
New U.S. Tax Rules Improve Structuring Flexibility of Offshore China M&A Transactions
Scott A. Jalowayski (Morrison & Foerster LLP)
Katherine Dimancescu
WorldTrade Executive
WorldTrade Executive Inc. (WTE) provides business, legal, and financial executives the advice they need to operate successfully in international markets. Leading executives from around the world rely on WTE’s newsletters, special reports and consulting expertise to stay on top of tax, regulatory and economic developments affecting their firms and industries. The success of these publications has enabled WTE to build an unsurpassed network of in-country advisors with the contacts and know-how to track down specific company and industry data. WTE’s editorial contributors are top international lawyers, accountants, and company managers.. Articles are tailored for a sophisticated audience of international lawyers, accountants, and business managers, and provide practical solutions to the real problems faced by corporate decision-makers. WTE brings you the strategies that your competitors and colleagues use to succeed in international transactions.
