Wholly foreign-owned construction project service enterprises allowed.
Tax issues clarified in the restructuring of foreign-invested banks.
Enterprise income tax rate for both FIEs and domestic companies set at 25%.
Shenzhen Stock Exchange still allows memebers to purchase seats from it.
Shanghai Stock Exchange no longer approves new seats.
National LegislationACCOUNTINGMeasures for the Administration of Professional Risk Funds of Accounting Firms会计师事务所职业风险基金管理办法L3100/07.03.01ADVERTISING…
Foreign banks are encouraged to set up banks with legal personality.
Listed financial companies no longer required to hire international accounting firms for audits.
SAFE sets forth procedures concerning foreign exchange matters in the restructuring of foreign-invested banks.
Only construction projects of a significant investment amount are now subject to health scrutiny by the Ministry of Health.
