Legal

• State Administration for Industry and Commerce, Measures for the Administration of the Registration of Debt-for-equity Swaps of Companies

  国家工商行政管理总局公司债权转股权登记管理办法

  Debts have to be appraised for a debt-for-equity swap.

  December 06, 2011

• China Securities Regulatory Commission, Trial Measures for the Regulation of the Re-lending Business

  中国证券监督管理委员会转融通业务监督管理试行办法

  Securities and money lending to facilitate margin trading and short selling.

  December 06, 2011

• State-owned Assets Supervision and Administration Commission of the State Council, Tentative Measures for the Administration of Overseas State-owned Assets and Equity of Enterprises Directly under the Central Government

  国务院国有资产监督管理委员会中央企业境外国有产权管理暂行办法

  Sasac tightens control of overseas state-owned subsidiaries.

  December 06, 2011

• National Statistics Bureau and State Administration for Industry and Commerce, Provisions for the Classification of Types of Enterprise Registration (Revised)

  国家统计局、国家工商行政管理总局关于划分企业登记注册类型的规定(修订)

  Classification of enterprise registration revised to incorporate foreign partnerships.

  December 06, 2011

• Other Recent Legislation for This Month

  National legislationInvestment instrumentsMeasures for the Administration of the Pilot Engagement in Margin Trading and Short Sale of Securities by Securities…

  December 06, 2011

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

  中华人民共和国增值税暂行条例实施细则 (第二次修正)

  The revised Rules raise the thresholds for the levy of value-added tax.

  December 06, 2011

• Circular on Continuing Implementation of the Tax Policy for the Procurement of Equipment by Research and Development Institutions

  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 foreign-invested R&D institutions.

  December 06, 2011

• Measures for the Administration of the Capital Guarantee Funds of Insurance Companies

  保险公司资本保证金管理办法

  The Measures require insurance companies to deposit capital guarantee funds in more than one bank.

  December 06, 2011

• China question: How do I initiate litigation for a breach of contract?

  Two dispute resolution specialists offer their insights on how to handle bringing a Chinese manufacturer to court and how to avoid a similar situation in the future.

  December 06, 2011

• PRC Tentative Regulations on Resource Tax (Revised)

  中华人民共和国资源税暂行条例 (修订)

  The revised Regulations use ad valorem method for calculation of resource tax for crude oil and natural gas.

  December 06, 2011