December 2008/ January 2009
PRC Tentative Regulations on Value-added Tax (Revised)
[Full Text Translation]
中华人民共和国增值税暂行条例 (修订)
VAT system changed from production-based to consumption-based.
State Council, PRC Tentative Regulations on Value-added Tax (Revised)
[Legislation Digest]
国务院中华人民共和国增值税暂行条例 (修订)
VAT system changed from production-based to consumption-based.
A new tax revolution
A sweeping VAT reform takes place in China on January 1 2009. It will benefit many domestic companies but could block the cash-flow of some foreign invested enterprises, removing advantages enjoyed under the old tax regime. By Joanna Law.
Dwelling on the Indian designs regime
October 2008
Ministry of Commerce and General Administration of Customs, 2008 Catalogue of Prohibited Commodities in the Processing Trade
[Legislation Digest]
商务部、海关总署2008年加工贸易禁止类商品目录
China to restrict and improve the standard of processing trade.
Guangdong Province, Operational Guidelines for the Transformation at the Original Location without Suspension of Production of Enterprises that Process Imported Materials
[Legislation Digest]
广东省来料加工企业原地不停产转型的操作指引
Guangdong grants processing enterprises right to sell their products in China.
September 2008
National Development and Reform Commission, Entry Requirements for the Dairy Product Processing Industry
[Legislation Digest]
国家发展和改革委员会乳制品加工行业准入条件
First set of rules on the dairy product processing industry.
National Development and Reform Commission, Industrial Policy for the Dairy Products Industry
[Legislation Digest]
国家发展和改革委员会乳制品工业产业政策
Entry requirements for the dairy products industry further raised.