A circular which addresses the issues on regulations of cash flows between listed companies and their affiliates. It also addresses the control of risk of security provided to outside parties by listed companies in the PRC.
By Jonathan Zhou, Fangda Partners, ShanghaiOn November 11 2002, the China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the…
As foreign investment into China keeps growing, one of the most pressing concerns for the shareholders in a China investment is how to recover and/or realize the company's assets in China when the principal entity is placed in liquidation overseas. How do the creditors and liquidators proceed in such a case?
Issued: July 18 2003Main contents: The Catalogue contains 917 items of products in 11 categories. The 11 categories include: electronics and information;…
Issued: April 23 2003Main contents: The Opinion lists the types of major construction projects included for audit. These include projects funded, or whose…
Issued: August 17 2003Effective: August 20 2003Interpreting authority: Shanghai Stock ExchangeMain contents: The revised Implementing Rules fix the time…
Issued: May 19 2003Main contents: The Circular states that special inspections will be carried out on payment of enterprise income tax and business tax…
Issued: August 17 2002Effective: September 1 2002Interpreting authority: Pudong New Area Economic and Trade BureauMain contents: The Measures detail tax…