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2026-08-27Value-Added Telecom Services Series | ICP/EDI License Compliance Essentials: Full Process for Amendment, Renewal, and Cancellation – Don't Get the Order Wrong When Changing from Domestic to Foreign-Invested EnterpriseMany companies view the value-added telecom license as a one-time task – get it and forget it. In reality, it is a dynamically regulated qualification with a five-year cycle. Any changes in corporate registration, license expiry, business cessation, or sh
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2026-08-20From "Formal Compliance" to "Substantive Compliance" – A Shift in Regulatory FocusAgainst a backdrop of geopolitical volatility and fiscal pressure, "substance over form" and "reasonable commercial purpose" have become core principles across tax, accounting and legal regulation. This article traces their historical
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2026-08-20Outbound Investment Series | State Council Decree No. 837 Takes Effect – A Compliance Guide for Technology Transfer in Overseas InvestmentsOn 1 July 2026, the State Council Decree No. 837 (hereinafter "Decree No. 837" or the "Regulations") on outbound investment officially took effect. Article 13 draws a clear red line: investors shall not export or use goods, technologie
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2026-08-20Outbound Investment Series | 1 August Take Effect! Thailand DBD Order No. 2/2569 Brings New Substantive Control Rules – Nominee Shareholding Loopholes for Chinese Investors Are ClosingOn 1 August 2026, Thailand's Department of Business Development (DBD) issued Order No. 2/2569, marking a fundamental shift in foreign investment regulation—from documentary compliance to substantive control and economic substance review. Previously, DBD
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2026-06-11Breaking! Effective July 1 – In-depth Interpretation of the State Council's New Overseas Investment Regulations | Series III: After the New Regulations, Which Key Issues Remain Unresolved?The Regulations of the State Council on Outbound Investment(State Council Order No. 837, hereinafter "Order No. 837"), officially announced on June 1, 2026, represents a landmark piece of top-level legislation in the history of China's outbound
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2023-07-31Foreign Exchange Compliance | In-Depth Analysis of Foreign Employees Participating in Equity Incentive Plans of Domestic Listed Companies
As Chinese companies continue to expand into international markets, the recruitment and incentivization of foreign employees have garnered widespread attention among domestic firms, particularly those listed on the stock market. In recent years, regulatio
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2023-07-14OFFSHORE Series | Changes in the Typical Structure and Registration Requirements for the Cayman Islands Exempted Limited Partnerships (ELPs)
Following the publication of our article "Understanding the Registration and Operation of Hong Kong Limited Partnership Funds (LPFs)" on the "China Wealth & Wisdom" WeChat official account, we have received inquiries from clients r
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2023-07-04OFFSHORE Series | A Comprehensive Guide to the Registration and Operation of Hong Kong Limited Partnership Funds (LPFs)
Recently, the news of Zhang Yiming, former CEO and controlling shareholder of ByteDance, establishing a limited partnership fund (LPF) in Hong Kong has attracted considerable attention. According to reports, the limited partnership fund is a privately hel
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2023-06-26OFFSHORE Series | Starting from June 12th, there are new changes for Hong Kong companies applying for residency to avoid double taxation!
For cross-border investors holding Hong Kong companies, applying for Hong Kong residency is crucial as it is key to enjoying the benefits of Double Taxation Treaties/Arrangements. On June 8th, 2023, the Inland Revenue Department of the Hong Kong Special
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