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CMS is a Future Facing firm. With more than 70 offices in more than 40 countries and 4,800+ lawyers worldwide, we combine deep sector understanding…
CMS, China | China | 2 Nov 2023
Chinese Tax Regulation Update | September and October 2023
According to the Announcement, enterprises in advanced manufacturing industries are allowed to enjoy a 5% VAT super-credit based on the creditable…
CMS, China | China | 27 Oct 2023
SPC Case Reveals its Practice in Hearing Antitrust Cases
On 14 September 2023, the PRC Supreme People's Court ("SPC") issued the 2023 People's Courts' Typical Anti-Monopoly Cases and Anti-Unfair Competition…
CMS, China | China | 4 Oct 2023
China issues new draft rules on cross-border transfer of personal information
On 28 September 2023, the Cyberspace Administration of China (CAC) issued the Draft Provisions on Regulating and Promoting Cross-border Data…
CMS, China | China | 15 Sep 2023
New Rules for Standard Clauses in Consumer Contracts: China’s Contract Administration Regulations Have Taken Effect
China's State Administration for Market Regulation (the "SAMR") recently released updated Measures for Administrative Supervision and Administration…
CMS, China | China | 13 Sep 2023
Has your Employee Handbook been updated?
In China, the Employee Handbook is the basic company policy for HR management. It not only sets forth guidelines on the employees’ behaviors in…
CMS, China | China | 12 Sep 2023
Amendment of PRC Civil Procedure Law
On 1 September 2023, the Standing Committee of the National People's Congress of the People's Republic of China ("PRC") released its decision to…
CMS, China | China | 4 Sep 2023
Chinese Tax Regulation Update | August 2023
The State Administration of Taxation ("SAT"), together with other governmental authorities at central level, has promulgated a series of regulations…
CMS, China | China | 31 Aug 2023
Extension of Preferential Individual Income Tax Policies on Benefits Granted to Foreigners and Annual Bonus of PRC Tax Residents
On August 18th, 2023, the PRC Ministry of Finance and the State Administration of Taxation jointly released Announcement No. 29 ("Announcement 29")…
