Tax breaks are offered to equipment purchase and employee education expenses, and a “T+0 redemption and withdrawal” limit is set for money market funds
June 06, 2018
China Law News
Unauthorized Apps may not access financial credit information, Hainan FTZ will be established and persons may be deprived of their civil rights as a result of capital market breaches.
May 31, 2018Foreign banks allowed more businesses, construction project approval procedures streamlined and QDIIs prohibited from purchasing forex
May 24, 2018Foreign shareholding in securities firms relaxed, foreign investment in futures companies allowed and online defamation of historical Chinese heroes banned
May 16, 2018China allows CDRs, tax breaks only require retention of documentation, and curbs are imposed on large exposures of banks
May 09, 2018Social insurance reductions will continue, and a pool of foreign-related legal talent and the Shanghai Financial Court are established.
May 03, 2018Criteria for unmanned aircraft permits set out, securitization of housing lease assets promoted in certain areas, and calculation of environmental tax clarified.
April 26, 2018Outbound IPR transfers require a review, only financial institutions may engage in online asset management sales, and non-criminal personal data divulgence may be fined.
April 19, 2018China opens up its futures market and third-party payment market, as well as allowing a foreign controlling interest in securities JVs.
March 30, 2018Foreign partners may enjoy tax agreement benefits, insurance company-backed foreign loans should comply with outbound investment policy and establishment procedures for insurance companies are streamlined.
March 05, 2018