-
2025-04-24New Measures Unveiled to Further Open China’s Telecommunications SectorApril 21, 2025 – The State Council Information Office held a press conference, where officials from relevant ministries and commissions introduced the Work Plan for Accelerating the Comprehensive Pilot Program to Expand the Opening-Up of the Service Secto
-
2025-04-10The Impact of Trump’s Reciprocal Tariff Policy on China’s Two-way Cross-border InvestmentOn April 2, 2025, U.S. President Donald Trump announced the imposition of “reciprocal tariffs” on almost all major trading partners, triggering a severe shock to global markets. This policy sets a 10% uniform import tariff benchmark and imposes higher tar
-
2025-04-02Announcement on Matters Concerning the "Chinese Tax Resident Certificate"With the accelerating pace of Chinese taxpayers "going global," investment destinations have expanded, and participation in overseas economic activities has deepened. Consequently, the need for the Chinese Tax Resident Certificate (hereinafter r
-
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
-
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
-
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
.jpg)
-
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
.jpg)