Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?
Adopted: July 17 2002Effective: January 1 2003Applicability: "Real property agency services" is defined as the provision of such business services as consultancy,…
Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…
Promulgated: January 30 2003Effective: March 1 2003Interpreting authority: Ministry of Foreign Trade and Economic Cooperation, Ministry of Science, State…
Promulgated: January 3 2003Effective: March 1 2003Applicability: For the purposes of these Measures, a foreign exchange transaction is "large" if it involves…
Issued: January 10 2003Main contents: The Provisions cover the composition, coverage, insurance liability, exemption clauses, insurance period, the sum…
Issued: August 23 2002Main contents: The Circular clarifies certain issues related to the collection of real property tax. Generally, the amount paid on…
Promulgated: November 16 2002Effective: December 1 2002Interpreting authority: People's Bank of China (PBOC)Applicability: For the purposes of the Measures,…
Issued: January 6 2003Effective: as of date of issueInterpreting authority: China Securities Regulatory CommissionApplicability: Companies limited by shares…