February 2010
UK Bribery Bill: The long arm of the Crown
A new British law will force any company with a business presence in the UK to operate an adequate anti-bribery policy overseas. The burden is likely to be particularly heavy for those operating in China
Ministry of Justice, Measures for the Administration of Names of Law Firms
[Legislation Digest]
司法部律师事务所名称管理办法
“Lawyers Group” and “Lawyers Alliance” not allowed in law firm names.
Circular on Strengthening the Administration of Enterprise Income Tax on Income Derived from the Transfer of Equity of Non-tax-resident Enterprises
[Full Text Translation]
关于加强非居民企业股权转让所得企业所得税管理的通知
The Circular aims to prevent tax evasion by non-tax-resident enterprises through transfer of equity.
State Administration of Taxation, Circular on Strengthening the Administration of Enterprise Income Tax on Income Derived from the Transfer of Equity of Non-tax-resident Enterprises
[Legislation Digest]
国家税务总局关于加强非居民企业股权转让所得企业所得税管理的通知
SAT cracks down on tax evasion by non-tax-resident enterprises.
Foreign-invested partnership regulations: radical reform or unmet expectations?
New rules on foreign-invested partnerships have raised hopes of a new investment vehicle for inbound business. But their effectiveness appears limited
Extraterritorial enforcement of corporate income tax
A tax circular which seeks to strengthen the administration of tax on income derived from equity transfer may have a profound impact on non-resident investors using offshore vehicles. But the authorities have some legal hurdles to clear
Shanghai Municipality, Seven Measures for Providing Convenience in Entry into and Exit from China for Foreign High-level Skilled Personnel and Investors
[Legislation Digest]
上海市外国籍高层次人才和投资者7项出入境便利措施
Foreign skilled personnel in Shanghai allowed for a five-year stay.