Corporate Governance

• PRC Administrative Approval Law

  中华人民共和国行政许可法

  Issued: August 27 2003Effective: July 1 2004Applicability: The Law applies to the imposition and implementation of administrative approval (Article 3).Main…

  September 02, 2003

• Issues in Shanghai's Regional HQs Legislation

  By Winston Zhao and Lucy Li, Jones Day, ShanghaiBecoming a WTO member is not only about reducing tariffs and import quotas _ it is also about China becoming…

  September 02, 2003

• Establishment of Foreign-controlled and Wholly Foreign-owned Travel Agencies Tentative Provisions

  设立外商控股、外商独资旅行社暂行规定

  A set of regulations which governs the procedures and requirements of establishing Foreign-controlled and Wholly Foreign-owned Travel Agencies.

  September 02, 2003

• The Slow Boat to Antitrust Law in China: An Examination of New Regulations on Monopoly Pricing

  Although the government hasn't yet issued an overarching antitrust law, there are numerous regulations governing monopolies, price fixing and unfair commercial practices. The latest is a new anti-price monopoly law issued by the State Development Reform Commission.

  September 02, 2003

• Who Benefits From CEPA? Let's Wait and See

  Hong Kong signed the Closer Economic Partnership Arrangement with the mainland in June. What kind of "arrangement" does CEPA call for? And what will change with the new opportunities?

  September 02, 2003

• Perspectives on Acquisitions of Non-listed Shares

  By Jonathan Pan, Llinks Law Office, ShanghaiState-owned shares and legal persons shares in PRC listed companies (collectively, "non-listed shares") have…

  September 02, 2003

• Re-evaluating Tax Assessments for Representative Offices

  Understanding tax assessment is among the most important issues for foreign-invested companies working in China. The state tax bureau has recently revamped the rules for the tax liability of foreign companies' representative offices in China.

  September 02, 2003

• Reform of the Bidding Process for Survey and Design Projects

  By Carl B. Cheng and Zhou Yun, Freshfields Bruckhaus Deringer, ShanghaiEight ministerial bodies headed by the State Development and Reform Commission (SDRC)…

  July 02, 2003

• State Council, Supervision and Administration of Enterprise State-owned Assets Tentative Regulations

  国务院企业国有资产监督管理暂行条例

  Promulgated: May 27 2003Effective: as of date of promulgationMain contents: The Regulations deal with the supervision and administration of the State-owned…

  July 02, 2003

• State Administration of Taxation, Tax Issues Relevant to Acquisition of Equity Interest in Domestic Enterprises by Foreign Investors Circular

  国家税务总局关于外国投资者并购境内企业股权有关税收问题的通知

  Issued: May 28 2003Effective: January 1 2003Main contents: The Circular clarifies three transition issues concerning enterprise income tax preferential…

  July 02, 2003