Issued: January 28 2005Effective: The Circular shall be implemented as of the time when examining and approving the 2004 pre-tax deductions of management…
Adopted: February 18 2005Main contents: 31 bills are scheduled to be deliberated by the Standing Committee of the National People's Congress within the…
The Rules aim to maintain order in the securities markets. Transfer of non-tradable shares of listed companies must be handled by stock exchanges and in a centralized, uniform manner by Shanghai Stock Exchange, Shenzhen Stock Exchange, and the China Securities Depository and Clearing Corporation Ltd.
The Procedures aim to create norms for commercial franchising activities. It covers issues such as franchise parties, franchise agreements, advertising, information disclosure, and foreign-invested entities.
The Provisions aim to encourage foreign investors to invest in China and import Foreign advanced technology and management expertise. They shall apply to investors from Taiwan, Hong Kong and Macao who invest in the establishment of companies with an investment nature in China.
PRC holding company structures are evolving as China¡¦s economy becomes more sophisticated and as foreign companies reorient their China strategies. What changes have been introduced by recent regulations?
After many years of anticipation and false starts, the PRC51s first comprehensive franchising legislation, the Administration of Commercial Franchising Procedures, was finally issued by the Ministry of Commerce (MOFCOM) with effect from February 1 2005.1
PRC holding company structures are evolving as China¡¦s economy becomes more sophisticated and as foreign companies reorient their China strategies. What changes have been introduced by recent regulations?