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The South Korean K-Chips Act and Its Impact on International Companies and Investors

For investors in enterprises in the Korean semiconductor industry and other national strategic industries, a new tax bill has been passed that (i) increases the base tax credits received by these enterprises to 25% (if...more

Pre-revenue Specialist Technology Companies May Soon List in Hong Kong

​​​​​​​In an effort to close the gap with the U.S. and Mainland China in terms of the number and market capitalization of publicly listed companies in certain advanced or new technology industries, on October 19, 2022, the...more

Mandatory Licensing Regime for Virtual Asset Exchanges in Hong Kong

Hong Kong has traditionally been a hub for digital asset businesses in the region. As regulators in Hong Kong are working to tighten the regulatory regime on virtual asset exchanges, market players and investors seeking to...more

Metaverse in China: Beware of these Potential Legal Issues

The metaverse is still in its nascent stages, and the Chinese government is already increasingly focused on its development and regulation. At the March 2022 “Two Sessions” (两会), a term given to the back-to-back annual...more

China Issues Revised Measures on Cybersecurity Review Over Network Operators

In response to recent data security concerns arising from overseas listings of Chinese internet companies operating in the People’s Republic of China (the “PRC”), the Cyberspace Administration of China (the “CAC”) has issued...more

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