China is stepping up its efforts to welcome global travelers with a major expansion to its visa-free entry policy. Starting November 30, 2024, citizens from nine new countries—including Bulgaria, Croatia, Romania, Japan, and Malta—can explore China visa-free. In an exciting enhancement, the stay period has been extended from 15 to 30 days, with new eligibility (...)
In a major boost for cross-border business, Italy and China have officially ratified a new tax treaty aimed at eliminating double taxation and curbing tax evasion. Approved by the Italian Chamber of Deputies on November 5, the agreement sets a clearer path for Italian businesses in China and offers Chinese investors a stable regulatory landscape (...)
We’re excited to announce that Orcom C&A, with our CEO, Marco D’Amore, international Partner Xavier Paulet Goffard, our Partner Romain Kaci and Director Marie-Laure Berké will be joining the upcoming IPEM 2024 China event, a gathering of leaders in private equity, venture capital, and global investment. Taking place in Wuxi, IPEM China brings together industry (...)
In a historic move aimed at addressing the challenges posed by an aging population, China has announced plans to gradually raise the statutory retirement age over the next 15 years. The decision, approved at the 11th session of the 14th National People’s Congress (NPC) Standing Committee, marks the first adjustment to the retirement system (...)
The newly amended Company Law of the People’s Republic of China came into force on July 1st, 2024. In addition to the shortening of the capital contribution period, it raises another matter of concern. The Company Law strengthened the obligations and responsibilities of Directors, Supervisors and Managers (“DSMs”) to perform their duties in corporate (...)
The “Interpretation on Several Issues Concerning the Application of Laws in Handling Criminal Cases Endangering Tax Revenue Administration” (“the Interpretation”), jointly issued by the Judicial Committee of the Supreme People’s Court and the Procuratorial Committee of the Supreme People’s Procuratorate, came into effect on March 20th, 2024. The Interpretation clarifies the provisions applicable to (...)