We explain China’s taxpayer credit rating system, including how it works and why it is important for foreign enterprises based in the country and doing business in China. Taxpayer credit rating is becoming increasingly important for foreign enterprises operating in China as its government – at all levels – is working continuously to improve the country’s social credit system.
By Redaktion Table
Businesses are assessing their risks following the passing of China’s Anti-Foreign Sanctions Law, as political and economic tensions between China and a number of foreign countries rise. We examine the scope of the Law. A look at the scope of the law.
By Amelie Richter
As a frontier city in the technology industry, Shenzhen’s regulations may be influential in setting the national standards for artificial intelligence in China. Local regulations on AI include the approval of products and services, education and research, procurement and functional benefits, and the ethics of their use.
By Redaktion Table
It is well known that stamps do in China what signatures do in the West. They give documents their binding character. The tax authorities also take advantage of this: they demand levies in connection with the stamping of contracts. Until now, however, this practice was only prescribed by an executive order that dates back to 1988. Now the People's Congress is professionalising tax law here too and regulating stamp duty by law.
By Redaktion Table
