The Measures specify the criteria for establishing a financing security company. The minimum registered capital may not be less than Rmb5 million.
April 16, 2010
Full Text Translation
If a Representative Office has unsound account books, fails to accurately account for its revenues or costs and expenses, or fails to make accurate filings, the tax authority shall have the authority to determine its taxable income.
April 16, 2010The Circular states that the technical service activities relating to the transfer of use rights to proprietary technology shall be deemed as part of the transferred technology.
April 16, 2010The Provisions set forth the procedures and requirements for registration of establishment, amendment of registration and de-registration of foreign-invested partnerships.
April 16, 2010The Law is revised to emphasize China's regulation of publication works and reinforce the registration of pledge of copyright.
March 11, 2010The Measures set forth the criteria for a commercial bank to take an equity interest in an insurance company and specify the requirements on different aspects of risk management.
March 11, 2010The Rules clarify terms and phrases of the PRC Patent Law, such as "genetic resource" and "patented pharmaceutical".
March 11, 2010Shanghai allows debt-for-equity swaps by foreign-invested enterprises, which require the unanimous consent of all the shareholders of the investee enterprises.
February 02, 2010The registered capital of a foreign-invested equity investment fund management enterprise shall not be less than US$2 million.
February 02, 2010With a view to eliminating or reducing the effect of eliminating or restricting competition that the concentration of business operators has or could have, restrictive conditions may be imposed on a concentration transaction.
February 02, 2010