Along with China's encourage for the construction of a multi-level capital market and the rapid development of small and medium enterprises board, growth enterprises market and new third board, a large number of innovative enterprises and private enterprises actively access the capital market to seek a broad space for development. In order to fully stimulate employees' initiative and link enterprises' benefits up to employees' income, more and more enterprises choose "Long Term Incentive" equity as an important measure to keep core talents and stimulate the vitality of enterprises. In LTI hot topic, we collect related laws & regulations and commentaries here for your own judgment.

Tax and foreign exchange considerations relating to implementation of long-term stock incentive plans in the PRC [Joyce W. Xu, Deloitte]

• Overview: Challenges and trends
• Tax considerations relating to long-term stock incentive plans for listed companies
• Foreign exchange considerations relating to long-term stock incentive plans for listed companies
• Long-term stock incentive plans for unlisted companies
• Enforcement trends and actions

Equity Incentive: Application of and Planning for Individual Income Tax Policy [Hwuason Lawyers]

• Application Principle of Individual Income Tax Policy for Equity Incentive
• Listed Companies: Individual Income Tax Policy in the Equity Incentive
• Non-listed Companies: Individual Income Tax Policy in the Equity Incentive
• Potential Tax Risks in the Application of Tax Policy
• Tax Planning Lines in the Implementation of Equity Incentive

Consideration of Individual Income Tax in relation to Equity Incentives [Tony Dong, Daisy Duan, LiuBo, King & Wood Mallesons]

• Consideration of Individual Income Tax relating to Equity Incentives of Non-listed Companies
• Consideration of Individual Income Tax relating to Equity Incentives of Listed Companies

Enterprise Income Tax Matters relating to Equity Incentives [Wanghuayu, YingKe Law Firm]

• Concept of Equity Incentives in the Tax Law
• Accounting Treatment of Equity Incentive Plan
• Enterprise Income Tax Treatment
• Reference Treatment of Overseas Listed Companies
• Enlightenment and Suggestions

• Administrative Measures for Equity Incentives of Listed Companies (Order of the China Securities Regulatory Commission No. 126)
• Circular of the State Administration of Foreign Exchange on Issues concerning Foreign Exchange Administration over the Overseas Investment and Financing and Round-trip Investment by Domestic Residents via Special Purpose Vehicles (Hui Fa [2014] No.37)
• Announcement of the State Administration of Taxation on Handling Enterprise Income Tax Involved in the Implementation of Equity Incentive Plan by Chinese Resident Enterprises (Announcement of the State Administration of Taxation [2012] No. 18)
• Circular of the State Administration of Foreign Exchange on Issues concerning the Administration of Foreign Exchange Used for Domestic Individuals' Participation in Equity Incentive Plans of Companies Listed Overseas (Hui Fa [2012] No.7)
• Circular of the State Administration of Taxation on Issues Concerning Individual Income Tax in Relation to Equity Incentives (Guo Shui Han [2009] No. 461)
• Circular on the Payment of Individual Income Tax on Stock Option Income by Senior Management Personnel of Listed Companies (Cai Shui [2009] No. 40)
• Circular of the Ministry of Finance and the State Administration of Taxation on Relevant Issues Concerning the Collection of Individual Income Tax on Income Derived from Stock Appreciation Rights and Restricted Stocks (Cai Shui [2009] No. 5)
• Supplementary Circular of the State Administration of Taxation on the Payment of Individual Income Tax on Incomes from Stock Option of Individuals (Guo Shui Han [2006] No. 902)
• Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Imposition of Individual Income Tax on Incomes from Individual Stock Options (Cai Shui [2005] No.35)
• Circular of the China Securities Regulatory Commission on Promulgating the Measures for the Administration of Stockholder's Rights Drive of Listed Companies (Trial) (Zheng Jian Gong Si Zi [2005] No. 151)
• Circular of the State Administration of Taxation on Determining of the Duty of Tax Payment on Incomes from Wages and Salaries in the Form of Securities Obtained by Individuals Who Have no Domiciles within the Territory of China (Guo Shui Han [2000] No. 190)
• Circular of the Ministry of Finance and the State Administration of Taxation on the Continued Exemption of Individual Income Taxes Levied on Income Obtained from the Transfer of Shares (Cai Shui Zi [1998] No.61)
• Circular of the State Administration of Taxation on Issues concerning the Individual Income Tax on Discount or Allowance Obtained by Individuals from Employers in Subscribing for Shares and Other Negotiable Securities (Guo Shui Fa [1998] No.9)