To encourage technology imports and standardize the procedure for tax reductions and exemptions, this Circular states that a foreign investor who wishes to apply for an income tax reduction or exemption may entrust the technology import transferee to carry out the relevant procedures.
This Circular address issues of income tax on the stock options of employees, nature of the income from stock options, domestic and foreign sources of income, and calculation of tax payable.
The Decisions state that the entry of non-upblicly owned capital into specified cultural sectors is encouraged and supported.
China has made considerable efforts in overhauling its IP legal regime since the country's accession to the WTO in 2001. Still it will be some time yet before these reforms transpire into meaningful ground-level improvements in the enforcement of IP rights.
By Jeffrey [email protected]: www.freshfields.comRecent media reports concerning disputes between well_known international brands…
As the principal market for strategic acquisition investments, Chinese outbound investments face a rigorous approval process with the US increasingly wary of foreign investment in knowledge-based industries in the post-September 11 world.
China's capital market is certain to benefit from the China Banking Regulatory Commission and the People's Bank of China's joint release of new Procedures on the securitization of credit assets. Limitations remain, however, concerning the types of institutions that can originate securitizations and the types of assets that can be securitized.
After failed attempts in 1999 and 2001, China is again taking the necessary but daunting step of integrating its non-tradable state-owned shares with those that are tradable. Could this be the catalyst that the mainland IPO and restructuring markets need?
National LegislationAVIATIONAdministration of the Registration of Non-commercial General Aviation Provisions非经营性通用航空登记管理规定L4700/04.10.12BANKINGPromoting…
Issued: February 7 2005Effective: March 1 2005Applicability: The term "construction projects" refers to the installation work and the internal and external…