Legal

• State Administration of Taxation, Circular on Simplifying the Judgement of the Actual Tax Burden of the Country in Which a Foreign Enterprise Controlled by a Chinese Tax-resident Shareholder is Established

  国家税务总局关于简化判定中国居民股东控制外国企业所在国实际税负的通知

  Avoidance of double taxation for Chinese enterprises investing overseas.

  March 17, 2009

• State Administration of Taxation, Measures for the Administration of the Pre-tax Deduction of the Research and Development Expenses of Enterprises (Trial Implementation)

  国家税务总局企业研究开发费用税前扣除管理办法 (试行）

  50% of research and development expenses can be deducted before tax.

  March 17, 2009

• New guidelines and consultation papers issued for merger control applications

  Janet HuiJun He Law [email protected] early 2009, the Ministry of Commerce (Mofcom) issued a series of new guidelines and consultation papers related…

  March 17, 2009

• China Banking Regulatory Commission, Guidelines on Business Co-operation between Banks and Trust Companies

  中国银行业监督管理委员会银行与信托公司业务合作指引

  Banks not allowed to provide security for trust products.

  March 17, 2009

• Foreign companies welcome in Shanghai

  The Shanghai government has announced a set of incentives to attract more multinational companies to establish their headquarters in the city. By Laura Yuan, King & Wood.

  March 17, 2009

• Guidelines on business co-operation between banks and trust companies

  Charles Qin and Tomy XiaLlinks Law [email protected], [email protected] December 4 2008, the China Bank Regulatory Commission (CBRC)…

  March 17, 2009

• The first steps toward economic analysis of the Anti-monopoly Law

  Zhan HaoGrandall Legal [email protected] January 7 2009 the Ministry of Commerce (Mofcom), in hope of receiving comments, published draft…

  March 17, 2009

• Ministry of Commerce, Circular on Issues Relevant to Further Delegating the Registration of Foreign Trade Operators

  商务部关于进一步下放对外贸易经营者备案登记工作有关问题的通知

  MOFCOM plans to delegate registration of foreign trade operators to all cities.

  March 17, 2009

• Other Recent Legislation for this Month

  National LegislationBANKINGChina Banking Association, Guidelines on Corporate Social Responsibility of Financial Institutions中国银行业协会金融机构企业社会责任指引L3610/09.01.12CONSTITUTION…

  March 17, 2009

• Commercial litigation vs arbitration in Ukraine

  Markian M MalskyyArzinger & [email protected] business activity is subject to risk, but business partners often do not analyse…

  March 17, 2009