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2026-01-09Foreign Exchange Series | How to Repatriate Funds After H-Share ReductionRecent H-share market activities have shown significant characteristics of phased share reductions, coupled with the ongoing deepening of the H-share "full circulation" reform. As a result, the foreign exchange registration process during share
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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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2024-05-27Policy Dispatch | China Further Opens Its Doors to the Global Market
In 2024, the Chinese government has prioritized "expanding high-level opening up" as one of its key objectives in the Government Work Report. Following the introduction of new regulations for cross-border data flows in March and the plan to open
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2024-04-23China's Pilot Work on Expanding Opening-up of Value-Added Telecommunications Services Officially Launches
On April 10th, the Ministry of Industry and Information Technology issued a " Circular on Launching the Pilot Program for Expanding the Opening-up of Value-Added Telecommunications Services" (hereinafter, the “Circular”). The Circular specify th
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2024-03-22Compliance Series | Latest Policy on "Three-Generation" Handling Fee Refunds
In order to further standardize and strengthen the management of handling fees for tax withholdings, collections, and entrusted collections (hereinafter referred to as "three-generation" taxes), the State Administration of Taxation, in conjuncti
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2024-02-20Sinobravo Monthly China Policy Digest-January Edition
To support our clients and partners in navigating China's dynamic regulatory landscape, Sinobravo is pleased to offer a monthly China Policy Digest. This digest provides detailed updates on new legislation and policy changes that are crucial for foreign-i