Remuneration of administrators determined according to the value of property in the final repayment by the debtor.
Criteria provided for selection of administrators of enterprise bankruptcies.
Requirements for securities-related legal opinions detailed.
Land value-added tax of 1% levied on newly-established premises in Beijing.
Imports may be directly returned by order of customs.
Avoidance of double taxation issues between Hong Kong and the mainland clarified.
Developers in Shenzhen required to construct a certain ratio of policy-type premises.
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%.
