Legislation

• Ministry of Finance, Interpretation of Enterprise Accounting Guidelines No.6

  财政部企业会计准则解释第6号

  MOF explains accounting treatment for mergers of enterprises subject to the same control.

  March 10, 2014

• PRC Company Law (2013 Revision)

  中华人民共和国公司法 (2013年修正)

  The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.

  March 10, 2014

• Measures for the Administration of Government Procurement Methods Other Than an Invitation for Bids

  政府采购非招标采购方式管理办法

  China promulgates first set of measures on alternative government procurement methods.

  March 06, 2014

• Measures for the Administration of Pilot Consumer Finance Companies

  消费金融公司试点管理办法

  Non-financial institutions allowed to invest in consumer finance companies.

  February 27, 2014

• Announcement on the Implementation on a Trial Basis in the China (Shanghai) Pilot Free Trade Zone of Implementing Measures for Increasing the Foreign Investment Percentage in the International Shipping and International Shipping Management Businesses

  关于中国（上海）自由贸易试验区试行扩大国际船舶运输和国际船舶管理业务外商投资比例实施办法的公告

  Wholly foreign-owned international shipping management enterprises allowed in the Shanghai FTZ.

  February 20, 2014

• Implementing Rules for the Guidelines on Foreign Exchange Control in Connection with Trade in Services

  服务贸易外汇管理指引实施细则

  SAFE relaxes forex control on trade in services.

  February 13, 2014

• Circular on Matters Relevant to Renminbi Settlement in Connection with Investment in Financial Institutions in China by Overseas Investors

  关于境外投资者投资境内金融机构人民币结算有关事项的通知

  Where an overseas investor has been granted approval to invest in a financial institution in China, it may make this investment in renminbi.

  February 06, 2014

• Guidelines on Foreign Exchange Control in Connection with Trade in Services

  服务贸易外汇管理指引

  SAFE relaxes forex control on trade in services.

  January 27, 2014

• Measures for Strengthening the Regulation of Offerings of New Shares

  关于加强新股发行监管的措施

  The CSRC will conduct random checks of the price inquiries and roadshows of IPO issuers.

  January 23, 2014

• Other Recent Legislation in These Two Months

  National legislationBankingImplementing Measures for the Administrative Permission Matters of Chinese-invested Commercial Banks (Revised)中资商业银行行政许可事项实施办法…

  January 16, 2014