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  • 2012-10-18
  • 4 minutes Read
The Identification and Countermeasure to Commercial Bribery in China

In the recent years, the commercial bribery (“CB”) events related to foreign invested companies happened frequently; some internationally renowned companies such as Lucent, Siemens and etc. are involved in CB events, which bring the economic loss to those companies and bad effects to their images and reputation. Hence, it is an inevitable topic for foreign invested companies to prevent CB, company should know the criteria to identify a CB event and do it right in the commercial activities. In China, we do not have a specific anti-commercial bribery law as of now except some provisions to regulate CB, the provisions…

  • 2012-10-18
  • 2 minutes Read
Lose Weight Crazily VS Keep Fit Reasonably

“Shadow” (“S”) is a mid-sized company, in the past few years, with the improvement of R&D, the added value of S’s products has been increasing and S has made a sizeable profit. However, the KPI system exists in name only, the employees just complete the same tasks as the past, but they can obtain a salary increase at around 5% to 15% year by year, which becomes a convention. In the recent 2 years, the Euro crisis causes the shrinkage of foreign clients’ demand, the R&D cycle trough and failure to develop new products, the effect of RMB appreciation has…

  • 2012-10-14
  • 1 minute Read
Work-related injury insurance benefits shall be exempt from individual income tax

“Notice on Individual Income Tax Policies for Work-Related Injury Insurance Benefits Obtained by Employees Injured while Working”(No. 40 [2012] of the Ministry of Finance) has stipulated that work-related injury insurance benefits obtained by employees and their close relatives in accordance with the Regulation on Work-Related Injury Insurance (Order No. 586 of the State Council) shall be exempt from individual income tax. This regulation shall be effective on 1 January, 2011. If the employees injured while working and their close relatives have paid the tax, they can apply to the competent tax authorities, and the authorities shall return the tax accordingly.

  • 2012-09-18
  • 2 minutes Read
The revised “Rules of the State Intellectual Property Office on Administrative Reconsideration” ( “AR”) has been promulgated

The amended “AR” comes into force on 1st Sep. 2012. Compared with the original “AR” came into force on 1st Sep. 2002, the biggest highlights of the revised “AR” is that the scope of the administrativeacts which can be applied for administrative reconsideration is amended from 19 specific administrativeacts and 1 miscellaneous provision to 4 categories of administrativeacts and 1 miscellaneousprovision, which are as follows: (1)refuse to accept the specific administrativeacts conducted by the State Intellectual Property Office(SIPO) concerning the application of patent, patent right; (2)refuse to accept the specific administrative acts conducted by SIPO concerning the application of Layout-Designsfor…

  • 2012-09-18
  • 3 minutes Read
How to Identify Customer Listas Business Secret?

The former employer’s customers are solicited by the employee by utilizing its Customer List ( “CL”) after he/she has made a job-hopping, which is a common occurrence. Some of those former employers have tried to sue the employees for Infringement of Business Secret by the evidence of CL, but the courts seldom support their claims. Article 10 of “Anti-Unfair Competition Law of PRC” (“AC LAW”) has stipulated that the business secret (“BS”) includes technical information and business information (“BI”). In accordance withArticle 2 of “Several Provisions on Prohibiting Infringements upon Business Secrets”, BI mainly includes, management secrets, CL, information about…

  • 2012-09-18
  • 2 minutes Read
Protection of an Enterprise’s Reputation in the Virtual Space

A and B know that the famous company ”Shadow” values its reputation very much, so they fabricate dozens of accounts on the BBS of a foreign trade website, “disclose” the negative news about Shadow,and blackmail Shadow into paying “Deleting Fee” through email and phone. The amount of “Deleting Fee” varies from 100Yuanto more than 10,000Yuan.At the beginning, Shadow is afraid that the negative news will bring bad effect upon its corporate image, and mislead customers, so Shadow paid the fee. However, with A and B’ s “appetitie” increasing, Shadow has no choice, but asks the attorney for help. Attorneysuggested that…