Foreign enterprises in the PRC are required to pay value-added tax, business tax and enterprise income tax on the revenue from disposing Chinese financial assets.
March 31, 2003
Legal
Joint venture trading companies are now allowed on a wider scale. Trading companies can now be set up anywhere in China, the start up requirements are less restrictive, and the scope of business is wider.
March 31, 2003Promulgated: January 8 2003Effective: March 1 2003Interpreting authority: State Economic and Trade CommissionApplicability: These Measures apply to the…
February 28, 2003Issued: January 16 2003Effective: as of date of issueMain contents: Exploration rights and mining rights may be granted by the authority in charge of registration…
February 28, 2003The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.
February 28, 2003Promulgated: December 6 2002Effective: February 1 2003Main contents: The Regulations cover such contents as electronic signatures and electronic records,…
February 28, 2003Issued: September 17 2002Applicability: For the purposes of this Opinion, "State-owned high and new technology enterprises" refers to wholly State-owned…
February 28, 2003Promulgated: February 11 2003Effective: March 15 2003Applicability: These Measures apply to pledging of rights to fees or proceeds in connection with the…
February 28, 2003National LegislationConstitution and Legal SystemMinistry of Justice Announcement No.15 (11 Foreign Law Firms Establishing Additional Representative Offices…
February 28, 2003Issued: January 14 2003Effective: as of date of issueMain contents: The Circular lists the criteria a contributor of capital to a futures brokerage must…
February 28, 2003