The new Procedures represent China's WTO commitments to remove restrictions against wholly-owned foreign enterprises, high threshold registration requirements, introduce more permissible retail and wholesale activities, and simplifies approval process.
Issued: February 4 2004Effective: April 1 2004Applicability: The Procedures apply to the issuance, replacement, amendment and regulation of pharmaceutical…
Issued: March 16 2004Effective: January 1 2004Main contents: If a taxpayer provides a deposit or other guarantee equivalent to the amount of tax payable…
The new Regulations opened the advertising market in China to greater foreign participation, and provides a legal guide for gaining more substantial control over their China operations.
National LegislationConstitution and Legal SystemMinistry of Justice Announcement (No.26) (Two Hong Kong Law Firms Approved to Establish Representative…
Investment in chain store operations are encouraged, as well as the relevant logistics distribution system and franchise operations.
Promulgated: March 19 2004Effective: May 1 2004Main contents: The Rules stipulate that the items, standard and method of fee charging by law firms shall…
Countervailing investigations may be suspended or terminated on public interest grounds.
Guidelines to internal governance of law firms, including hiring and termination policy.
Issued: April 20 2004Main contents: The Decision states that the assignment of the pre-sold commodity residential premises bought by a pre-purchaser must…