Legal

Clarifies criteria for the recognition of newly established enterprises, eligibility for the preferential income tax policies, the tax authority's power to determine such eligibility, the applicability for fixed periods of enterprise income tax reduction and exemptions.

By Lily Wei [email protected]: www.freshfields.comThe current basic framework for security law in the PRC is largely made up of the…

Promulgated: March 6 2006Effective: as of date of promulgationInterpreting authorities: Beijing Municipal Commission of Development and Reform and Beijing…

The China Securities Regulatory Commission has proposed new rules for initial public offerings (IPOs), to make it easier for companies to sell shares in…

Foreign investment by Chinese companies (excluding banks) jumped 123% to US$12.3 billion in 2005, according to a report released by China's Ministry of…

In Doing Business 2007: How to Reform, the World Bank and International Finance Corporation rank China as the fourth-best reformer globally (behind Georgia,…

China's largest commercial lender, Industrial & Commercial Bank of China (ICBC), is planning a dual listing on the Hong Kong and Shanghai stock exchanges…

The PRC Enterprise Bankruptcy Law modernizes the PRC corporate bankruptcy regime, applicable to both state-owned and domestic and foreign private companies.

Under the new guidelines, will the interests of fund unitholders be protected? What are the responsibilities of directors and shareholders under these new guidelines?