China

01-24-2022
Since the tax year of 2021 is ended, Chinese companies, including foreign invested ones, might be required to perform the filing of related party transactions for 2021 with the competent tax authority in 2022. There are four types of Chinese transfer pricing documentation filing obligations, including master file, local file, special issue file and country-by-country report (CbCR). We suggest you to internally review the following conditions of transfer pricing documentation filing obligations and resort to us in case you need any assistance either in assessing the criteria or in preparing related mandatory documentation.
01-10-2022
Since 2018, China started to implement the “Negative List” approach for the administration of foreign investment nationwide, and has updated the Negative Lists periodically since then. The Negative Lists set out in a centralized manner special administrative measures with respect to the access of foreign investment. Business sectors not specified in the Negative Lists are subject to administration under the principle of treating domestic investment and foreign investment equally.
10-15-2021
Recently, China formally passed the Personal Information Protection Law (PIPL), which is the first comprehensive national level personal data protection law of this country. PIPL will become effective as of November 1, 2021, leaving a short time for the companies operating in China (and even certain foreign companies) to become fully compliant to the new personal data protection regime.
08-18-2021
The subjected question is one of most popular questions raised by the foreign invested entities in China. Our answer is YES. The Chinese entities need to contribute the PRC social security for foreign employees working in China, and said foreign employees need to contribute individual part of the PRC social security as well.
08-02-2021
On July 28, 2021, China’s Supreme People’s Court (the top judicial authority) published the 'Provisions on Relevant Issues on the Application of Laws in Hearing Civil Cases Related to the Application of Facial Recognition Technology in Processing Personal Information'. The provisions came into force as of August 1, 2021. They provided guidance for the courts to apply the rules scattered in Civil Code, Cybersecurity Law, Consumer Rights Protection Law, E-Commerce Law, etc. on personal data processing by using facial recognition technology, and have also set specific rules based on the recent practices of the Chinese courts. In this article we provide our comments on several highlights in the provisions.
07-15-2021
China’s Ministry of Industry and Information Technology (MIIT), Cybersecurity Administration of China (CAC) and Ministry of Public Security (MPS) jointly published the Provisions on Administration of Security Vulnerability of Network Products (Provisions), which will be in force as of September 1, 2021. The Provisions have established rules for the detection, collection, publication and other activities in relation to the security vulnerability of network products. 

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