July 02, 2007
Tax law revised to allow reduction and waiving of tax on savings interest.
Export tax rebate rate for garments dropped to 11%.
Requirements on accounting firms engaging in securities- and futures-related businesses imposed.
Shares of listed companies held by state-owned shareholders transferred according to the market price.
First provisions on the acquisition of shares of listed companies by state-owned entities.
Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.
By Christophe Han and Patrick [email protected]; [email protected] with the reform of the shareholder structure of listed…
Transfer of shares by directors, supervisors and seniormanagement personnel curbed.
Taxes on assignment of land should be paid regardless of completion of formalities.
Partnership enterprises required to specify "general partnership", "special general partnership" or "limited partnership" in their names.