Legal

• Ministry of Finance and the State Administration of Taxation, Circular on Income Tax Issues of Partners of Partnerships

  财政部、国家税务总局关于合伙企业合伙人所得税问题的通知

  Losses in partnerships not allowed to be used to deduct other companies' profits.

  March 17, 2009

• Shanghai Municipality, Several Implementing Opinions on the «Shanghai Municipality, Provisions on Encouraging the Establishment of Regional Headquarters by Multinational Corporations»

  上海市关于《上海市鼓励跨国公司设立地区总部的规定》若干实施意见

  Shanghai offers financial incentives to multinational headquarters.

  March 17, 2009

• How to create charge over listed shares in China

  Philips Zhenyu Ding and Xiang LiRun Ming Law [email protected], [email protected] the December 2008/January 2009 issue of China Law &…

  March 17, 2009

• 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