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2025-10-18How to Distribute Profits to Overseas Shareholders? — Key Steps and Compliance Guide for Profit Remittance by Foreign-Invested Enterprises
For 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 Services
In 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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2024-01-03Offshore Series | Starting December 27th, Hong Kong Companies to Adopt "Unique Business Identification Code"
According to an announcement from the Hong Kong Companies Registry, starting from December 27, 2023, Hong Kong companies will utilize the Business Registration Number (BR) as the "Unique Business Identification Code" for different entities. In o
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2023-10-30Private Equity Fund KYC Interpretation
KYC/AML has been a topic that has left many of us hesitating in recent years. Broadly speaking, KYC is a part of AML, and almost any dealings with formal financial institutions require KYC. But why do KYC, when to do KYC, and how to do KYC? These are the
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2023-09-11Simplifying Share Handling in BVI Companies: Surrender of Shares vs. Redemption
As one of the world's premier offshore financial centers, the British Virgin Islands (BVI) stands out as a leading jurisdiction for offshore entity registrations in global business activities. BVI companies are favored by investors for their flexible stru
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2023-09-05Understanding Hong Kong's Type 9 License Application in Cross-Border Compliance
As the world's third-largest financial center, Hong Kong's influence in the global financial sector trails only behind New York and London. The financial industry is highly regulated, and Hong Kong is no exception. Anyone, whether an individual or a compa