With regard to tax agreements entered into by China with foreign states, the term 'permanent establishment' shall be deemed not to include the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any activity of a preparatory or auxiliary character.
Issued: January 5 2006Effective: as of date of issueMain contents: The Provisions comprise:Part One: General ProvisionsPart Two: Project AdministrationPart…
Issued: March 24 2006Main contents: Labelling of imported food products and cosmetics shall comply with Chinese laws, regulations and compulsory standards.…
New PRC legislation encourages and supports a broad range of renewable energy and related products and activities, in pursuit of energy supply diversity and security, environmental protection and sustainable development. Promotion of domestic manufacturing may leave foreign equipment exporters out in the cold, while foreign investors and technology providers stand to benefit from incentives and an expanding market.
Listed companies can apply for implementation of equity incentive measures and establish a comprehensive incentive and regulatory scheme. Listed companies may use its own shares as the subject matter of long-term incentives (including restricted shares and stock options) offered to its directors, supervisors, senior management personnel and other staff and workers. This Measures establish detailed regulations regarding incentive modes, incentive targets, source of shares, incentive amount, grant price and grant period etc.
This Guidelines stipulate the risk management requirements for commercial banks in expanding their businesses in the area of personal financial management advisory services, comprehensive financial management services and personal financial management business products.
To divide administration of projects using renewable energy resources to generate electricity between central and local levels, the NDRC shall be responsible for planning of nationwide projects, policy formulation and administration of state-approval projects.