More firms allowed on New Third Board

On May 29, 2016, Posted by , In China,China Companies,China Corporates, By ,,,,,, , With Comments Off on More firms allowed on New Third Board

The China Securities Regulatory Commission (CSRC) said on Friday, 27th May 2016, that it will resume listings of financial institutions, including private equity, on its Over-The-Counter (OTC) New Third Board – The NEEQ market. The regulator suspended the fundraising of financial institutions on the NEEQ market in January, on concerns of fund misuse such…

Boosting China’s Overseas M&A Push by Simpler Merger Code

On May 19, 2016, Posted by , In China,China Companies,China Corporates,Compliance,Consulting,Legal, By ,,,,,,, , With Comments Off on Boosting China’s Overseas M&A Push by Simpler Merger Code

Simpler Merger Code Proposed China is planning to remove the need for State Council approval for large, sensitive outbound deals and to allow Chinese companies to vie for the same target, that is likely to further boost record overseas acquisitions by Chinese companies. The draft rules aimed at speeding up…

Use of Seychelles CSL for Tax Planning Purposes for China

ADDITIONAL READINGS: USE OF SEYCHELLES CSL (SPECIAL LICENSE COMPANY) FOR TAX PLANNING PURPOSES FOR CHINA CHANGES IN CHINA Ongoing Chinese tax reforms are resulting in the reduction and phasing out of various tax concessions granted to foreign investors. Such reforms are occurring due to WTO requirements (level tax playing-field for…