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Edward J. Epstein Document Search Results (14)

 

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HTMLSocial Security for Foreign Workers - The Plot Thickens
Edward J. Epstein, Richard Grams, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 27, 2012, previously published on March 27, 2012
In a China Alert issued in October 2011, we reported that the enrolment of foreign workers in China would become mandatory under the new Social Insurance Law and Interim Measures. Although no clear timetable for compulsory enrolment was put in place at the time, the prospect of foreign employees...

 

HTMLNew Turnover Tax Reform and Pilot Program in Shanghai
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 9, 2012, previously published on March 8, 2012
Unlike many other countries, China adopts both business tax ("BT") and value-added tax ("VAT") in its turnover tax regime. VAT mainly applies to the sale of goods and BT is mainly levied on taxable services.

 

HTMLChina’s Updated Foreign Investment Catalogue
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 9, 2012, previously published on March 8, 2012
China’s Foreign investment Catalog is issued periodically by the NDRC and MOFCOM in order to regulate foreign investment activities in China. The Catalog classifies activities as either encouraged, restricted and prohibited. Activities not referenced under any of these categories are regarded...

 

HTMLDraft Law on Exit and Entry Administration
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 9, 2012, previously published on March 8, 2012
China aims to curb the illegal entry, stay and employment of the foreigners. This new draft law has been implemented to replace the Law of The PRC on Entry and Exit of Aliens and Law of The PRC on Entry and Exit of Citizens. The previous two laws are repealed.

 

HTMLNew Penalty Measures for Late Submission of Anti-Trust Concentration Filings
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 9, 2012, previously published on March 8, 2012
China’s Anti-Monopoly Law contains a separate chapter addressing business concentration but lacks enforcement provisions for failing to make business concentration filings on time. The new ‘Measures’ fill this gap, stipulating fines and other enforcement actions that the...

 

HTMLPreferential Treatment for Hong Kong Investors in China’s Healthcare Sector
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
March 9, 2012, previously published on March 8, 2012
CEPA is the first free trade agreement ever concluded between the Central Government in China and the Hong Kong SAR government. In general, CEPA permits preferential access of qualified Hong Kong goods and services to markets in the mainland PRC and came into effect in June 2003. It has already...

 

HTMLCross border Direct Investment in RMB
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
January 3, 2012, previously published on December 28, 2011
With the increased use of the Rmb Yuan as a trade settlement currency and other settlement purposes, companies outside of China have encountered a novel difficulty: what -to do with the large amount of RMB-denominated funds they have accumulated?

 

HTMLConstruction Projects involving Dangerous Chemicals
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
January 3, 2012, previously published on December 28, 2011
China’s Safety Regulations on Construction Projects Involving Dangerous Chemicals came into force on December 1, 2011 (the “Project Safety Regulations”) on the heel of other regulations aimed at improving safe handling and storage of dangerous chemicals earlier in the year.

 

HTMLDebt for Equity Swaps for Foreign Investors
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
January 3, 2012, previously published on December 28, 2011
The State Administration for Industry and Commerce ("SAIC") issued the new Draft Measures on Debt for Equity Swaps for Foreign Investors for public opinion in August 2011 and received submissions until September 2, 2011. On November 23, the final version of these regulations (the DES...

 

HTMLFurther Regulations set up for Single Purpose Stored-value Cards
Edward J. Epstein, Olivia Lee; Troutman Sanders LLP;
Legal Alert/Article
January 3, 2012, previously published on December 28, 2011
Chinese authorities have long been concerned about the impact of corruption and corrupt officials on Chinese society. Corruption in China is manifested in a variety of forms and usually involves other illegal behavior such as money laundry, pilfering of public funds, organized crime and tax...

 


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