China issues its first set of measures on electronic bidding.
Full Text Translation
- May 03, 2013
CIRC raises the shareholding threshold of a single insurance shareholder to more than 20% but lower than 51%.
April 18, 2013If a Taiwanese investor invests in and establishes an enterprise on the mainland using a company, enterprise or other economic organisation in a third place that it directly or indirectly owns or controls, it may apply to have such third place investor recognised as being the equivalent of a Taiwanese investor.
April 10, 2013SAT clarifies the income tax issue of non-tax-residents involved in China's VAT reform.
March 26, 2013The Provisions expand the scope of RQFIIs to also include Hong Kong subsidiaries of commercial banks and insurance companies, as well as financial institutions incorporated and with a principal place of business in Hong Kong. The requirement that 80% of the proceeds be invested in fixed-return securities is also lifted.
March 20, 2013CSRC relaxes RQFII qualifications.
March 13, 2013Private equity funds established in the form of a company or partnership to engage in securities investments managed by a fund manager or general partnership are now governed by the Securities Investment Fund Law.
March 08, 2013A worker may request for 30% of his/her average wage for performance of non-compete obligation.
February 28, 2013If the public interest is involved, foreign-related cases concerning labour protection, food safety, environmental protection, forex control, anti-monopoly and anti-dumping may be governed by PRC mandatory provisions.
February 21, 2013The total funds (investment principal and returns) that a QFII may outwardly remit each month may not exceed 20% of its total domestic assets as at the end of the previous year.
February 07, 2013
