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2025-10-18How to Distribute Profits to Overseas Shareholders? — Key Steps and Compliance Guide for Profit Remittance by Foreign-Invested EnterprisesFor Foreign-Invested Enterprises (FIEs), legally and compliantly remitting profits earned in China as dividends to overseas shareholders is a crucial operational process. This involves not only the effective distribution of profits but also meeting regula
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2025-10-18Foreign Investment Series | Is MOFCOM Approval for "Connected M&A" Under Circular 10 Becoming History? Multiple HK/US Listed Cases Practice the "One-Step" Approach!For companies seeking overseas listings, building a red-chip structure once faced a major hurdle — Article 11 of the so-called "Circular 10" promulgated in 2006 (revised in 2009). The requirement for MOFCOM approval for "connected mergers a
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2025-09-18Foreign Investment Series | A Comprehensive Analysis of the Common "Domestic-funded to Foreign-funded" Transformation in Domestic Secretarial ServicesIn the provision of secretarial services for domestic enterprises, one common type of business involves the transformation of a domestic-funded company into a foreign-funded company. This transformation generally falls into two scenarios: equity transfer
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2025-08-20Sinobravo Observation | Key Points of the Implementation Regulations of China's New Value-Added Tax Law (Draft for Comment)On August 11, 2025, the Ministry of Finance and the State Administration of Taxation of China issued a notice soliciting public comments on the Draft Implementation Regulations for the Value-Added Tax Law of the People's Republic of China. The Sinobravo
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2025-01-08Tax and Finance Series: The Impact of Special Relationships on the Assessed Customs Value of Imported Goods (Part Two)
For cross-border related goods trade within multinational corporate groups, in addition to the tax risks associated with transfer pricing, it is also essential to pay attention to the impact of customs' price review on imported goods. Among these, confirm
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2024-12-30Tax and Finance Series: The Impact of Special Relationships on the Assessed Customs Value of Imported Goods (Part One)
On July 12, 2024, the General Administration of Customs released foreign trade data for the first half of 2024. The relevant data indicates a continuous positive trend in the scale of China's import and export trade. In terms of imports, the first half of
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2024-11-21Foreign Exchange Series | Facilitating the Cross-Border Allocation of Funds for Research Institutions, Ke Huitong is Here!
On October 31, the State Administration of Foreign Exchange (SAFE) announced the expansion of three pilot programs aimed at facilitating cross-border investment in regions including decentralized foreign debt registration to banks, exemption from registra
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2024-10-25China Widens Telecommunications Sector to Foreign Investment in Four Cities
In a significant policy shift, China’s Ministry of Industry and Information Technology (MIIT) has launched a pilot program to further open the country's telecommunications sector to foreign investors. The initiative, announced on October 23 during a worki
