Deheng Law Group Issues Compilation of Laws, Regulations and Policies of “Going Global” for Chinese Enterprises in Hong Kong
In early 2017, the Ministry of Justice, Ministry of Foreign Affairs, Ministry of Commerce and Legislative Affairs Office of the State Council co-released the Suggestions on the Development of Foreign-related Legal Service Industry to better push forward foreign-related legal service industry. The suggestions put forward four main tasks including “providing legal services for Belt and Road Initiative and other significant national development strategies” and “providing legal services for Chinese enterprises and citizens Going global”.
Under the background, the international practice center of Deheng Law Group formed a compiling team searching the laws, regulations and policies issued by the government organs including Ministry of Commerce, National Development and Reform Commission, State Administration of Industry and Commerce, State Administration of Taxation and State Administration of Foreign Exchange, and collecting laws, regulations and policies in relation to Chinese enterprises “Going Global”, to help officially issue the compilation in Hong Kong.
The compilation was edited based on the 2015 version, some ineffective contents were deleted and some new related laws and regulations were supplemented. Referring to the classification way of the library of laws and regulations of the Ministry of Commerce, the compilation consists of 5 sections including policy support, practice management, financial and tax management, foreign exchange management and rights protection, and it is listed in chronological order.