Banking and Finance Laws

Hong Kong and foreign companies making frequent visits to mainland China are likely to be subject to PRC enterprise income tax, while foreign investors, lenders and technology licensors will face challenges in seeking the most preferential rates of PRC withholding tax.

By Christophe Han and Kuno Shen, Llinks Law [email protected]; [email protected] the resumption of domestic inital public…

Hong Kong and foreign companies making frequent visits to mainland China are likely to be subject to PRC enterprise income tax, while foreign investors, lenders and technology licensors will face challenges in seeking the most preferential rates of PRC withholding tax.

The new Guidelines detail what information is required from a notifying party in its submission to the Antitrust Investigation Office. Key procedural issues are also clarified.

The new Enterprise Income Tax Law will take effect on January 2008. What changes should be expected by foreign investors?

Tax issues clarified in the restructuring of foreign-invested banks.

National LegislationACCOUNTINGMeasures for the Administration of Professional Risk Funds of Accounting Firms会计师事务所职业风险基金管理办法L3100/07.03.01ADVERTISING…

Foreign banks are encouraged to set up banks with legal personality.

Listed financial companies no longer required to hire international accounting firms for audits.