The article describes in detail the New Regulations which introduce exemptions to the existing filing obligations for outbound data transfer, including (1) absolute exemptions, which are exemptions applicable to all regulatory procedures for outbound data transfer, and (2) exemptions from the obligation to file a security assessment, i.e., the New Regulations have modified the thresholds mandating the filing of a security assessment and if such thresholds are not met, the data processor still needs to conduct standard contract filing or PI (Personal Information)...

On May 23, 2024, the German Chamber of Commerce in China | North China has successfully held its Annual General Meeting and the Board Elections in which the Annual Report as well as the Financial Report 2023 were presented and the Board of Directors 2024-2026 has been elected and announced.

Starke Managing Counsel Daniel Albrecht was elected as new board member.

It's a honor to serve the German business community in China. Thank you to all who elected and supportes us.

We wish all our friends and clients and a Happy Chinese New Year 2024.

Our office will be closed from February 8, 2024 to February 18, 2024. E-mails and post are therefore not read and answered regularly.

In the Chinese calendar the year of Wood Dragon 2024 presents an ideal opportunity to take the plunge and tie the knot. This upcoming year will bring a wealth of love and romance, allowing current relationships to progress to the next level.

In this video you will learn everything about the new regulations of the revised Chinese corporate law and how you as an entrepreneur must react to them.

Topics include:

Capital raising Liability between sellers and buyers of a company Transfer of shares in a company Decision-making processes within the shareholders' meeting Legal representative Supervisor and Audit Committee General Manager Duties of board members and senior executives Controlling Shareholders

You can find everything you...

We wish all our friends and clients and a Merry Christmas with your families and a Happy New Year.

Our office will be closed from December 25th, 2023 to January 1st, 2024 . E-mails and post are therefore not read and answered regularly.

It was a great pleasure to support the German Charity Christmas Bazar with our coffee sales again.

Continually since 2016 Rotary and us volunteer for the community at the bazar.

Many companies and organization do the same, like our friends and clients from Hörmann.

This year everything gots bigger, but also really better? See you all again next year.

On October 26th, 2023, the 2023 Zibo-Germany Exchange and Cooperation Fair “Meet You in Zibo” took place in Zibo (Shandong Province). Around 150 invited guests took part in the event. Guest speakers included the former Chinese Ambassador to the Federal Republic of Germany, Mr. Shi Mingde, and the Chinese Consul General in Düsseldorf, Mr. Du Chunguo. In addition, our Managing Counsel Daniel Albrecht refer about German-Chinese economic relations.

The Shandong province was also represented at a high level, and there were numerous discussions with...

On October 20, 2023, together with the Shunyi district, the German Industrial Park based there and the Association for the Promotion of German-Chinese Technology and Cultural Exchange (i.E.), we organized the first German-Chinese soccer tournament in Beijing (Shunyi). It was a pleasure to open the event with the Shunyi District Mayor at Shunyi Olympic Water Park. Four teams took part including: from Viessmann and Mercedes. A successful tournament with great teams and lots of fun to promote German-Chinese friendship. We will now hold the tournament at regular intervals...

We wish all clients and their families a relaxing moon festival . Due to the national holidays in China, our office will be closed from September 29th , 2023 to October 6th, 2023 .

The Moon Festival, or Mid-Autumn Festival, is celebrated in Asia on the 15th day of the eighth month in the traditional Chinese lunar calendar. In ancient times, emperors sacrificed to the sun in spring and to the moon in autumn. The word “mid-autumn” can already be found in historical works from the Zhou Dynasty...

China's new anti-espionage law, which came into force on July 1, 2023, has caused discussion and controversy around the world. The law is intended to protect China's national security and combat espionage activities. The new law is an amendment or revision of the anti-espionage law that was passed in 2014. The revised version has a significantly more extensive scope and vaguer definitions. This webinar will examine China's new anti-espionage law. The possible effects on Austrian companies and the resulting recommendations for action are also discussed....

On Thursday, September 14, 2023, the SYMPOSIUM ON DEVELOPMENTS AND CHALLENGES RELATED TO INTELLECTUAL PROPERTY IN CHINA was held in Shenyang. The first event in this context in Shenyang.

About 35 company and association representatives participated in this event, organized by the AHK North China and the German Consulate General in Shenyang.

The panel discussion experts included Dr. Falk Lichtenstein (CMS) and Daniel Albrecht (Starke IP). The moderation was taken over by Dr. Constanze Wang (AHK China). The introduction...

On August 29, 2023, the Ministry of Finance of the People’s Republic of China has published the announcement on the extension of the individual income tax regulation regarding allowances and subsidies for expats.

Expats who meet the requirements of resident individual (who has a domicile in China; or who does not have a domicile in China but has resided in China for a total of 183 days in one tax year), can chose one of the following tax reduction regulations for their income tax in China:

Special additional deduction for individual income...