Banking and Finance Laws

• Interpreting the New Enterprise Income Tax Law

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

  April 02, 2007

• Ministry of Finance and State Administration of Taxation, Circular on Tax Issues Relevant to the Restructuring of Branches of Foreign Banks into Wholly Foreign-owned Banks

  财政部、国家税务总局关于外国银行分行改制为外商独资银行有关税收问题的通知

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

  April 02, 2007

• Other Recent Legislation for this Month

  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…

  April 02, 2007

• China Banking Regulatory Commission, Report on Opening up China's Banking Industry to Foreign Investment

  中国银监会中国银行业对外开放报告

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

  April 02, 2007

• China Securities Regulatory Commission, Circular on the Cessation of the Implementation of Special Audit Requirements on Specific Listed Companies

  中国证券监督管理委员会关于不再实施特定上市公司特殊审计要求的通知

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

  April 02, 2007

• State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control Involved in the Restructuring of Foreign-invested Banks

  国家外汇管理局关于外资银行改制所涉外汇管理有关问题的通知

  SAFE sets forth procedures concerning foreign exchange matters in the restructuring of foreign-invested banks.

  April 02, 2007

• General Office of Ministry of Commerce, Guiding Opinion on Attracting Foreign Investment Nationwide in 2007

  商务部办公厅关于2007年全国吸收外商投资工作指导性意见

  Foreign investment in real property restricted in 2007.

  April 02, 2007

• China Tightens its Environmental Law Control over New Investment Projects

  How environmental law is applied in China, and how stepped-up enforcement of existing legislation is ensuring compliance with the State Environmental Protection Agency's objectives?

  April 02, 2007

• Interpreting the New Enterprise Income Tax Law

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

  April 01, 2007

• China Tightens its Environmental Law Control over New Investment Projects

  How environmental law is applied in China, and how stepped-up enforcement of existing legislation is ensuring compliance with the State Environmental Protection Agency's objectives?

  April 01, 2007