Implementing Regulations for the PRC Enterprise Income Tax Law
中华人民共和国企业所得税法实施条例
The Implementing Regulations clarify enterprise income tax matters in respect of revenue, deductions, tax treatment of assets, tax payable, preferential tax treatment, withholding at source, special tax adjustments, and administration of levy and collection.
Rules for the Establishment of Securities Companies with Foreign Equity Participation (Revised)
外资参股证券公司设立规则(修订)
Foreign investors allowed wider access to securities joint ventures.
Trial Provisions for the Establishment of Subsidiaries by Securities Companies
证券公司设立子公司试行规定
With the approval of the CSRC, a securities company may establish a wholly-owned subsidiary or, alternatively, invest in and establish a subsidiary together with another qualified investor.
The Draft Energy Law: a Possible Legal Protocol to Help China Go Green
As the second largest emitter of greenhouse gas in the world after the United States, the PRC is under great pressure and scrutiny from other countries, and has dedicated a great deal of resources and legislation effort in order to lower its emissions. Can the draft Energy Law successfully turn China into an energy-efficient country?
Implementing Regulations for the PRC Enterprise Income Tax Law
Since the passage of the PRC Enterprise Income Tax Law last March, local companies and foreign-invested enterprises alike have eagerly awaited the implementing regulations that would reveal the details of how the law would be put into practice. In order to enhance the operability of the law, these regulations give specific definitions, criteria for tax-liability reductions and concessions, and other critical details.
Methods for Registration of Mortgage of Chattels
Business people and lawyers have often complained of the vagueness and impracticalities of China's legal rules regulating the filing of charges over chattels. With the advent of the New Methods for Registration of Charges of Personal Properties, much light is shed and many problems removed; yet ambiguities still abide around several key issues.
Chinese Law on Lawyers Amended: Progress Made and to Be Made
Chinese lawmakers accomplished much in 2007. Chief among their achievements include the promulgation of the Property Law, Anti-monopoly Law, Labour Contract Law, and amendments to the Law on Lawyers. In particular, they adopted significant changes to the Law on Lawyers, ushering in a brand new era in the legal profession in China.
Why Compliance with the US Foreign Corrupt Practices Act Matters in China
How is it that US law can apply to certain Chinese companies and the conduct of Chinese business executives? The answer is the Foreign Corrupt Practices Act (FCPA), a broad-reaching US law enacted to prohibit bribery as a means of obtaining and retaining business. A common misperception in the business community is that the FCPA applies only to US companies and US citizens. However, under certain circumstances, the FCPA can also apply to the conduct of Chinese companies and Chinese business executives, making FCPA compliance crucial.
Opportunities for Foreign Investment in PRC Securities Companies
With the boom in the PRC equities markets and the emergence of outbound wealth, foreign interest in China's financial services market has grown substantially. In response to these pressures and the changing environment, the latest round of reforms in the securities industry offers increased clarity and certain real opportunities to tap into the growing PRC securities market.
China Securities Regulatory Commission, Rules for the Establishment of Securities Companies with Foreign Equity Participation (Revised)
中国证券监督管理委员会外资参股证券公司设立规则 (修订)
Foreign investors allowed wider access to securities joint ventures.
China Securities Regulatory Commission, Trial Provisions for the Establishment of Subsidiaries by Securities Companies
中国证券监督管理委员会证券公司设立子公司试行规定
Parent securities companies not allowed to compete with their subsidiaries.
China Securities Regulatory Commission, Guidelines for Contents and Formats for Information Disclosures by Companies that Offer Securities to the Public (No.2): Contents and Format of Annual Reports (2007 Revision)
中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则第2号—年度报告的内容与格式 (2007年修订)
Cross-shareholdings required to be disclosed in annual reports.
Guangdong Province, Outline of the Strategies on Intellectual Property Rights (Year 2007-2020)
广东省知识产权战略纲要 (2007 - 2020年)
Guangdong offers preferential tax treatment for purchase of advanced technologies and patents.
China Securities Regulatory Commission, Circular on Properly Handling the 2007 Annual Reports of Listed Companies and the Related Work
中国证券监督管理委员会关于做好上市公司2007年年度报告及相关工作的通知
Senior management of listed companies restricted from buying or selling shares of the company before release of the annual report.
Guangzhou City, Urgent Circular on Strengthening the Administration of Mass Layoffs by Employers
广州市关于加强对用人单位规模性裁员管理的紧急通知
Guangzhou issued urgent circular to prevent companies from getting around the PRC Employment Contract Law.
State Council, Regulations on Paid Annual Leave of Staff and Workers
国务院职工带薪年休假条例
Paid annual leave detailed in regulations.
Shanghai Municipality, Trial Measures on Basic Medical Insurance for Urban Residents
上海市城镇居民基本医疗保险试行办法
Shanghai introduces basic medical insurance for urban residents.
Ministry of Health and Ministry of Commerce, Supplementary Provisions for the (Tentative Measures for the Administration of Sino-foreign Equity and Cooperative Joint Medical Institutions)
卫生部、商务部《中外合资、合作医疗机构管理暂行办法》的补充规定
Threshold for Hong Kong and Macao investment in mainland medical institutions lowered.
State Council, Implementing Regulations for PRC Enterprise Income Tax Law
国务院中华人民共和国企业所得税法实施条例
Enterprise tax deductions further clarified in implementing regulations.
State Council, Circular on the Implementation of Transitional Preferential Enterprise Income Tax Policies
国务院关于实施企业所得税过渡优惠政策的通知
State Council issues transitional preferential tax policies in view of the implementation of the PRC Enterprise Income Tax Law.
National Development and Reform Commission, Coal Industrial Policy
国家发展和改革委员会煤炭产业政策
Entry requirements for the coal industry raised.
Ministry of Water Resources, Tentative Measures on Water Distribution
水利部水量分配暂行办法
China's first law on water distribution.
Other Recent Legislation for This Month