Law Digest

• State-owned Assets Supervision and Administration Commission of the State Council, Circular on Matters Relevant to the Exchange of 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关于中央企业国有产权置换有关事项的通知

  Restrictions imposed on exchange of state-owned assets and equity.

  October 12, 2011

• Ministry of Human Resources and Social Security, Tentative Measures for the Enrolment in Social Insurance by Foreign Nationals Employed in China

  人力资源和社会保障部在中国境内就业的外国人参加社会保险暂行办法

  Expats are required to be enrolled in social insurance.

  October 12, 2011

• China Securities Regulatory Commission, Measures on Trial Business of Asset Management for Specific Clients of Fund Management Companies

  中国证券监督管理委员会基金管理公司特定客户资产管理业务试点办法

  Entry thresholds lowered for fund management companies engaging in dedicated asset management.

  October 12, 2011

• Other Recent Legislation for This Month

  National legislationForeign exchangeState Administration of Foreign Exchange, Catalogue of Major Prevailing Foreign Exchange Control Laws and Regulations…

  October 12, 2011

• Ministry of Finance and National Development and Reform Commission, Tentative Measures for the Administration of Funds for Equity Participation in Venture Investment by the Venture Investment in Emerging Industries Scheme

  财政部、国家发展改革委员会新兴产业创投计划参股创业投资基金管理暂行办法

  Central government finances may directly invest in venture investment enterprises.

  October 12, 2011

• PRC Individual Income Tax Law (6th Revision)

  中华人民共和国个人所得税法 (第六次修正)

  The new Law raises individual income tax threshold to Rmb3,500.

  September 03, 2011

• State Intellectual Property Office, Measures for the Record Filing of Patent Licensing Contracts

  国家知识产权局专利实施许可合同备案办法

  Application procedure for record filing of patent licensing contracts streamlined.

  September 03, 2011

• Ministry of Industry and Information Technology, National Bureau of Statistics, National Development and Reform Commission and Ministry of Finance, Provisions on the Classification Standards for Small- and Medium-sized Enterprises

  工业和信息化部、国家统计局、国家发展和改革委员会、财政部中小企业划型标准规定

  Micro-sized enterprises included in new classification.

  September 03, 2011

• Supreme People's Court, Interpretation on Several Issues Concerning the Application of the «PRC Marriage Law» (3)

  最高人民法院关于适用〈中华人民共和国婚姻法〉若干问题的解释（三）

  Interpretation deals with property disputes in marriage.

  September 03, 2011

• China Securities Regulatory Commission, Guidelines for Regulation of the Direct Investment Business of Securities Companies

  中国证券监督管理委员会证券公司直接投资业务监管指引

  Securities brokerages allowed to set up PE funds targeting institutional investors.

  September 03, 2011