Legal

• New fund rules may lead to structural changes

  Private equity and venture capital funds are only allowed to target qualified investors that satisfy the requirements of new rules

  January 15, 2012

• Inaugural Asia Women in Business Law Awards: Winners announced

  Asia's leading female lawyers descended on Hong Kong's Jockey Club on December 8 to celebrate Euromoney Legal Media Group's inaugural Asia Women in Business Law Awards.

  December 11, 2011

• Ministry of Finance and State Administration of Taxation, Plan for Pilot Projects for the Levy of Value-added Tax in Replace of Business Tax

  财政部、国家税务总局营业税改征增值税试点方案

  Transport and logistics sectors benefit from the new VAT reform.

  December 06, 2011

• Ministry of Finance, Implementing Rules for the PRC Tentative Regulations on Value-added Tax (2nd Revision)

  财政部中华人民共和国增值税暂行条例实施细则 (第二次修正)

  Thresholds for levy of value-added tax raised.

  December 06, 2011

• State Administration of Taxation, Announcement on the Issue Concerning Whether Entities that Employ Disabled Persons are Eligible for More than One Preferential Value-added Tax Policies

  国家税务总局关于安置残疾人单位是否可以同时享受多项增值税优惠政策问题的公告

  Employers hiring disabled persons may enjoy multiple VAT tax refunds.

  December 06, 2011

• Ministry of Finance, Ministry of Commerce, General Administration of Customs and State Administration of Taxation, Circular on Continuing Implementation of the Tax Policy for the Procurement of Equipment by Research and Development Institutions

  财政部、商务部、海关总署、国家税务总局关于继续执行研发机构采购设备税收政策的通知

  Tax policy continued to encourage R&D institutions.

  December 06, 2011

• Ministry of Finance, Implementing Rules for the PRC Tentative Regulations on Business Tax (2nd Revision)

  财政部中华人民共和国营业税暂行条例实施细则 (第二次修正)

  Thresholds for levy of business tax raised.

  December 06, 2011

• State Administration of Foreign Exchange, Circular on Issues Relevant to the Handling of the Renminbi-foreign Exchange Option Portfolio Business by Banks

  国家外汇管理局关于银行办理人民币对外汇期权组合业务有关问题的通知

  Safe puts forward risk-reversal option portfolios.

  December 06, 2011

• State Council, PRC Tentative Regulations on Resource Tax (Revised)

  国务院中华人民共和国资源税暂行条例 (修订)

  Ad valorem method used for calculation of resource tax for crude oil and natural gas.

  December 06, 2011

• China Insurance Regulatory Commission, Measures for the Administration of the Capital Guarantee Funds of Insurance Companies

  中国保险监督管理委员会保险险公司资本保证金管理办法

  Insurance companies required to deposit capital guarantee funds in more than one bank.

  December 06, 2011