Legal

Promulgated: November 30 2003Effective: January 1 2004Interpreting authority: Ministry of JusticeApplicability: The Procedures shall also apply to application…

A circular on foreign exchange administration for external investments in the PRC.

How a foreign investment is structured as a legal entity in China requires careful consideration as there are different implications and different tax benefits. One of our contributors looks at the implications of company structure for the IT industry.

Export-oriented businesses have played a leading role in the growth of China's economy in the reform period. At the same time, however, the tax rebates that have been given to exporters as incentives to expand their businesses have created a heavy fiscal burden for the government. What is the solution?

In recent years, the government has been making the legal environment governing investment outside China by companies established in China, including foreign-invested companies, more progressive. A new SAFE circular furthers the liberalization programme.

The recent trademark case involving Toyota and a domestic auto manufacturer was widely seen as a test case of the strength of intellectual property law in China. Here one of the participants in the case gives an assessment of the court's decision.

A set of provisions which regulate securities investment funds and protect the rights of investors in the securities market.

China has promulgated the long-awaited Securities Investment Fund Law. What is new in the law for securities industry investors? And how does the law fit into the overall effort to create a robust funds industry in China?

In the first article of this instalment, our authors reviewed the origins, development and current energy policies of China. Here they discuss the structure of the institutions charged with implementing those policies.