Law Digest

• Ministry of Commerce and State Administration of Foreign Exchange, Circular on Further Improving Relevant Administrative Measures on Foreign-invested Companies with an Investment Nature

  商务部、外汇局关于进一步完善外商投资性公司有关管理措施的通知

  Lawful renminbi income may be used directly for domestic investment.

  February 07, 2012

• State Administration of Taxation, Announcement on Tax Issues Relevant to the Sale of Fixed Assets Attached to Land or Immovable Property at the time of Assignment of Land Use Rights or Sale of Immovable Property by Taxpayers

  国家税务总局关于纳税人转让土地使用权或者销售不动产同时一并销售附着于土地或者不动产上的固定资产有关税收问题的公告

  SAT clarifies the tax issue on land assignment with an attachment.

  February 07, 2012

• Shanghai Stock Exchange, Tentative Measures for the Administration of the Suitability of Investors of the Bond Market Shanghai Stock Exchange, Tentative Measures for the Administration of the Suitability of Investors of the Bond Market

  上海证券交易所债券市场投资者适当性管理暂行办法

  Shanghai Stock Exchange sets up a system of suitability of investors for the bond market.

  February 07, 2012

• State Administration for Industry and Commerce, Opinions on Duly Registering Company Mergers and Divisions so as to Support Enterprise Consolidation and Re-organisation

  国家工商行政管理总局关于做好公司合并分立登记支持企业兼并重组的意见

  Companies may simultaneously carry out de-registration, establishment registration or amendment of registration for a merger or division.

  February 07, 2012

• Other Recent Lesgislation

  National legislation  Employment and labourCircular on Intensifying the Investigation and Handling of Cases Involving the Refusal to Pay Labour Remuneration关于加强对拒不支付劳动报酬案件查处工作的通知L2410/12.01.14 Regional…

  February 07, 2012

• Fujian Province, Tentative Measures for the Administration of Equity Investment Enterprises

  福建省股权投资企业管理暂行办法

  Fujian tightens administration on fund raising in the name of equity investment enterprises.

  February 07, 2012

• State-owned Assets Supervision and Administration Commission of the State Council, Tentative Measures for the Administration of Overseas State-owned Assets and Equity of Enterprises Directly under the Central Government

  国务院国有资产监督管理委员会中央企业境外国有产权管理暂行办法

  Sasac tightens control of overseas state-owned subsidiaries.

  December 06, 2011

• Ministry of Finance, Implementing Rules for the PRC Tentative Regulations on Value-added Tax (2nd Revision)

  财政部中华人民共和国增值税暂行条例实施细则 (第二次修正)

  Thresholds for levy of value-added tax raised.

  December 06, 2011

• National Statistics Bureau and State Administration for Industry and Commerce, Provisions for the Classification of Types of Enterprise Registration (Revised)

  国家统计局、国家工商行政管理总局关于划分企业登记注册类型的规定(修订)

  Classification of enterprise registration revised to incorporate foreign partnerships.

  December 06, 2011

• Ministry of Finance, Ministry of Commerce, General Administration of Customs and State Administration of Taxation, Circular on Continuing Implementation of the Tax Policy for the Procurement of Equipment by Research and Development Institutions

  财政部、商务部、海关总署、国家税务总局关于继续执行研发机构采购设备税收政策的通知

  Tax policy continued to encourage R&D institutions.

  December 06, 2011