An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.
May 09, 2009
Full Text Translation
Relaxation of approval authority creates foreign exchange control niche.
May 09, 2009Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.
April 16, 2009Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.
April 16, 2009The amended Law allows insurance companies to invest in bonds, stocks, securities investment fund shares and immovable property.
April 16, 2009The Circular addresses the issues of wages and salaries, total payroll, and deduction of employee benefit expenses.
March 17, 2009The Guidelines allows commercial bank establishments with legal personality to engage in the extension of loans for mergers and acquisitions and set forth the criteria therefor.
March 17, 2009The total of the amount of capital contribution in the form of valuated equity and of capital contribution in the form of other valuated non-monetary property by all of the shareholders may not exceed 70% of the registered capital of the investee company.
March 17, 2009The Circular specifies the method for apportionment of taxable income among partners of partnerships.
March 17, 2009Shanghai offers financial incentives to multinational headquarters.
March 17, 2009