This article is an update of China Export Control Law to take its effect per 1 December 2020.
The People’s Republic of China Export Control Law (ECL) has taken effect as of the 1st of December 2020 (please also see our previous news flash on this subject). As mentioned in the previous news flash, it is important to monitor the developments of the ECL, especially the export control lists formulated. As such, please note that various lists have been updated and/or published in the last couple of months, in which items are included that are prohibited, restricted and/or subject to import or export licensing. It is in this respect important to note that the lists/regulations published have a broad scope and, in some cases, a specific focus on technologies.
Source PwC
Latest Posts in "China"
- Shell Companies Exploit Agricultural Tax Benefits, Issue Fraudulent Invoices Worth 30 Billion Yuan
- Chengdu Tax Bureau Investigates Sichuan Logistics Firm for VAT Fraud and Tax Evasion
- Pingtan Tax Bureau Cracks Down on Agricultural Tax Fraud and Fake VAT Invoice Scheme
- China’s New VAT Refund Policy for Taxpayers Begins September 2025
- China Expands Consumption Tax to Include More Ultra-Luxury and New Energy Vehicles