Legislation

• Cyberspace Administration of China, Provisions for the Administration of Internet News Information Services (Draft for Comments on Amendments)

  国家互联网信息办公室互联网新闻信息服务管理规定 (修订征求意见稿)

  Issued: January 11 2016 Main contents: The Draft brings new media within the scope of administration. An internet news information service…

  January 27, 2016

• People's Bank of China and State Administration of Foreign Exchange, Announcement [2015] No.40

  中国人民银行、国家外汇管理局公告 [2015] 第40号

  China further opens the forex market.

  January 21, 2016

• PRC Anti-terrorism Law

  中华人民共和国反恐怖主义法

  China's anti-terrorist measures concern cybersecurity.

  January 21, 2016

• Ministry of Commerce, Measures for the Administration of the Sale of Motor Vehicles (Draft for Comments)

  商务部汽车销售管理办法 (征求意见稿)

  Issued: January 6 2016 Main contents: Where a supplier sells motor vehicles by way of authorization, the term thereof (excluding the period…

  January 12, 2016

• Circular on Tax Policies Relevant to the Mainland-Hong Kong Mutual Recognition of Funds

  关于内地与香港基金互认有关税收政策的通知

  Income, business and stamp taxes clarified for mainland-Hong Kong MRF.

  January 07, 2016

• People's Bank of China, Circular on Improving Bank Account Services to Individuals and Strengthening the Administration of Accounts

  中国人民银行关于改进个人银行账户服务 加强账户管理的通知

  PBOC strengthens administration of bank accounts.

  January 05, 2016

• Questions and Answers Concerning Information Disclosure Requirements in Respect of the Previous Dismantling of a VIE Agreement Control Structure for the Target Assets Involved in a Material Asset Restructuring

  关于重大资产重组中标的资产曾拆除VIE协议控制架构的信息披露要求的相关问题与解答

  CSRC clarifies post-VIE disclosure requirements.

  December 30, 2015

• State Food and Drug Administration, Implementing Regulations for the PRC Food Safety Law (Draft Amendments for Comments)

  国家食品药品监督管理总局中华人民共和国食品安全法实施条例 (修订草案征求意见稿)

  Issued: December 9 2015 Main contents: The Draft adds 136 articles to the current Implementing Regulations, bringing the total to 200 articles. The…

  December 21, 2015

• Announcement on Issues Relevant to Enterprise Income Tax on Technology Transfer Income Derived from Licensing

  关于许可使用权技术转让所得企业所得税有关问题的公告

  Technology transfer income clarified for tax break purpose.

  December 17, 2015

• Announcement on Issues Relevant to Enterprise Income Tax on Legal Person Partners of Venture Capital Firms Organized as Limited Partnerships

  关于有限合伙制创业投资企业法人合伙人企业所得税有关问题的公告

  Tax deductions made easier for VC partners.

  December 10, 2015