Legal

• Measures for the Administration of the Check and Approval, and Record Filing of Foreign-invested Projects (Revised)

  外商投资项目核准和备案管理办法 (修订)

  The Measures are revised to follow changes in the List of Investment Projects Subject to Government Check and Approval, which relaxes foreign projects approval requirements.

  April 16, 2015

• In the news: Yum Brands goes upmarket, Sina gets scolded over lack of censorship and taxes follow Alibaba shares

  This week Yum opened a high-end restaurant to revive its China sales, regulators threatened to shut down Sina's news services and Alibaba faced tax payments as its second lock-up expired

  April 14, 2015

• Announcement on Enterprise Income Tax Issues Relevant to the Payment of Expenses by Enterprises to Overseas Affiliates

  关于企业向境外关联方支付费用有关企业所得税问题的公告

  The tax authority may proceed with an adjustment for any expenses paid to an overseas affiliate not in compliance with the arm's length principle.

  April 02, 2015

• In the news: Foxconn fights to save tax breaks, HP sells its data unit to Tsinghua Unigroup and Facebook woos Chinese advertisers

  This week the government told local authorities to stop giving tax breaks and incentives, Hewlett-Packard neared a deal to sell its data networking business and Facebook worked harder for business from Chinese companies

  March 30, 2015

• China's SAT issues regulations on outbound service payments as part of crackdown on tax evasion

  China's State Administration of Taxation (SAT) recently issued a notice regarding payments involving related offshore parties. China has openly declared its plans to crackdown on tax evasion, so the issuing of new regulations come as no surprise

  March 30, 2015

• Legislation roundup: Shanghai-Hong Kong Stock Connect, gold import/export and standardisation

  The CSRC has removed QDII requirements for trading via the Shanghai-HK Stock Connect, the PBOC and Customs have restricted gold imports and exports and the State Council has integrated all mandatory standards

  March 30, 2015

• Transition gaps may hinder new property registration

  The new national property registration system aims to streamline processes and provide a unified database, but it is hampered by the lack of clarity in the implementing rules, which may make the transition difficult

  March 30, 2015

• Transition gaps may hinder new property registration

  The new national property registration system aims to streamline processes and provide a unified database, but it is hampered by the lack of clarity in the implementing rules, which may make the transition difficult

  March 30, 2015

• Legislation roundup: Enterprise income tax and property registration

  This week the SAT has clarified enterprise income tax rules for overseas affiliates and industries in Western China. The Implementing Rules for the national property registration system have also been released

  March 27, 2015

• Opinions on Improving the Systems of First Approach and Advance Compensation Payment of Business Operators of the Consumption Stage to Duly Protect the Lawful Rights and Interests of Consumers

  关于完善消费环节经营者首问和赔偿先付制度切实保护消费者合法权益的意见

  Mall, market and platform business operators may be liable for advance payment of compensation to consumers.

  March 26, 2015