A sweeping VAT reform takes place in China on January 1 2009. It will benefit many domestic companies but could block the cash-flow of some foreign invested enterprises, removing advantages enjoyed under the old tax regime. By Joanna Law.
Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
Opinion issued to clarify under which circumstances an FIE is required to pay a place use fee.
The Opinion specifies that if a foreign-invested enterprise obtained the leasehold through grant, it is not required to pay place use fees as it has already paid a land grant fee.
Vsevolod Markov and Nataliya Shapovalova McGuire [email protected], [email protected] Kazakhstan, all taxes and main fees and…
Approval procedures for commercial FIEs streamlined.
Maksym CherkasenkoArzinger & [email protected] overviewIn many countries where M&A transactions have been carried out for many…
Affiliated transactions of insurance FIEs defined.
Government relaxes foreign investment in advertising enterprises.
MOFCOM delegates its FIE approval power to lower level departments.