On December 30 2002, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC), the State Administration of Tax (SAT), the State Administration of Industry and Commerce (SAIC) and the State Administration of Foreign Exchange (SAFE) jointly issued Issues Relevant to Strengthening the Administration of the Examination, Approval, Registration, Foreign Exchange Issues and Taxation of Foreign-invested Enterprises Circular (关于加强外商投资企业审批、登记、外汇及税收管理有关问题的通知) (the Circular).
FIEs, 25% or Less!
On December 30 2002, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC), the State Administration of Tax (SAT), the State Administration of…
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