Issued: November 12 2005Main contents: The Official Reply gives consent to the examination and approval by offices of the State Administration of Taxation…
Issued: November 24 2005Effective: as of date of issueInterpreting authority: State Administration of Foreign Exchange (SAFE)Applicability: The term "market…
Promulgated: November 7 2005Effective: January 1 2006, with a transition period of three months from the effective dateInterpreting authority: Ministry…
Promulgated: September 15 2005Effective: November 1 2005Interpreting authority: General Administration of Quality Supervision, Inspection and QuarantineApplicability:…
Reflecting China's growing unease with the free flow of information over the internet, the government has released new regulations further restricting the digital dissemination of unauthorized news.
China's new Securities Law heralds better times ahead for fund raisers and investors alike. Still, a lot remains to be done to bring the regulatory function of the country's securities market in line with regional competitors.
Whilst China's new Company Law is not all it could have been, it goes a long way in introducing protection for minority shareholders, improving corporate governance and ensuring more realistic capitalization requirements for the establishment of companies.
This Circular provides that domestic debts of at least US$200K with repayment duration of at least 180 days will be administered through foreign debt registraion. Some pre-Circular interpretation conflicts and practical enforcement problems are also solved.