The Circular elaborates on the calculation of working days and hours and pro rata calculation of daily wage and hourly wage.
March 11, 2008
Full Text Translation
With the approval of the CSRC, a securities company may establish a wholly-owned subsidiary or, alternatively, invest in and establish a subsidiary together with another qualified investor.
January 31, 2008Foreign investors allowed wider access to securities joint ventures.
January 31, 2008The Implementing Regulations clarify enterprise income tax matters in respect of revenue, deductions, tax treatment of assets, tax payable, preferential tax treatment, withholding at source, special tax adjustments, and administration of levy and collection.
January 31, 2008After the promulgation of the Provisions for the Granting of State-owned Construction Leaseholds by way of an Invitation of Bids, Auction or Listing on a Land Exchange in April 2002, the current Provisions seek to impose regulations on the increasingly popular construction leasehold granting through bidding, auction or listing.
November 30, 2007The amendment has boosted right and protection of criminal lawyers, and allows lawyers who have been practising for five years to establish individual law firms.
November 30, 2007The Circular provides guidelines to reinsurance contracts and retrocession contracts whose term commences on or after January 1 2008 as to risk management mechanism, financial strength ratings, paid-in monetary capital, solvency and trading history requirements for the selection of a reinsurance cedent.
November 30, 2007The new guidance catalogue has re-defined industries into those that are encouraged, restricted or prohibited for foreign investment.
November 30, 2007The Provisions aim to standardize and enforce stricter regulation on food labelling, and to prevent quality fraud.
November 02, 2007The Measures unify foreign exchange procedures for payment of goods or services in bonded zones, export processing zones, bonded logistics parks, bonded port zones, comprehensive bonded zones, cross-border industrial parks and other such specific zones over which customs affects closed regulations.
November 02, 2007