CURTAIN CLOSES ON CHINA’S MANDATORY APPROVAL SYSTEM FOR FOREIGN INVESTED ENTERPRISES

On 3 September 2016 China passed the Decision of the Standing Committee of the National People’s Congress on Revising Four Laws including the Law of the People’s Republic of China on Wholly Foreign-owned Enterprises (Decision) to foster greater openness with Foreign Invested Enterprises (FIE). The Decision eliminates the requirement to obtain government approval to establish certain FIEs, providing a simpler online filing process which took effect on 1 October 2016.

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This election year will have a significant impact on long-term indirect tax rules, rates, and risks. More immediately, federal, state, and local tax policymaking, fiscal conditions, and technological disruptions will muddle the short-term indirect tax environment in the United States. This white paper will cover the important tr


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Dom Nicastro | April 03, 2020

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Spotlight

This election year will have a significant impact on long-term indirect tax rules, rates, and risks. More immediately, federal, state, and local tax policymaking, fiscal conditions, and technological disruptions will muddle the short-term indirect tax environment in the United States. This white paper will cover the important tr

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