China Merchants Bank's (CMB) initial public offering (IPO) was oversubscribed by 266 times when investors rushed to buy a share of the retail portion of…
The Official Reply addresses queries from Provisional Office of the State Administration of Taxation on the definition of permanent establishments of foreign enterprise providing services in the PRC.
China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…
Issued: September 1 2006Effective: July 1 2006Main contents: As of July 1 2006, the limit on pre-tax deduction of enterprise wage expenses shall be adjusted…
Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
China is considering establishing a new 'super regulator' to oversee its financial and banking industries, in a bid to improve coordination in a sector…
Promulgated: July 27 2006Effective: as of date of promulgationApplicability: The term "construction projects" refers to new construction projects or construction…
Issued: August 25 2006Main contents: The Circular states that the registration jurisdiction of branches and sub-branches of foreign-invested enterprises,…
As part of regulatory authorities' efforts to create favourable conditions for the development of the aero-leasing industry in China, a new draft of the…