Legislation

• Announcement on the Issue of Enterprise Income Tax Treatment in Respect of the Hybrid Investments of Enterprises

  关于企业混合性投资业务企业所得税处理问题的公告

  SAT clarifies enterprise income tax treatment for hybrid equity and debt investments.

  August 08, 2013

• State Administration of Foreign Exchange, Measures for Foreign Exchange Control in Zones under Special Customs Surveillance

  国家外汇管理局海关特殊监管区域外汇管理办法

  Transactions in special customs zones may be settled in renminbi.

  August 01, 2013

• General Office of the State Council, Guiding Opinions on Financial Support for Adjusting, Transitioning and Upgrading the Economic Structure

  国务院办公厅关于金融支持经济结构调整和转型升级的指导意见

  State Council continues to implement stable and sound monetary policy.

  July 25, 2013

• Other Recent Legislation in These Two Months

  National legislationConstitution and legal systemProvisions for the Handling of Requests for Judicial Assistance in Civil and Commercial Cases in the Service…

  July 16, 2013

• Legislative Affairs Office of the State Council, PRC Exit-entry Administration Regulations for Foreigners (Draft for Comments)

  国务院法制办公室中华人民共和国外国人入境出境管理条例 (征求意见稿)

  Issued: May 3 2013 Main contents: The Draft suggests new types of Chinese visas:(1) M Visa for business purposes (while F Visa is now just…

  July 16, 2013

• Ministry of Transport, Regulations for the Administration of Tolled Highways (Amendment Draft for Comments)

  交通运输部收费公路管理条例 (修正案征求意见稿)

  Issued: May 8 2013 Main contents: The Draft suggests that if the lawful earnings of a tolled highway are affected by a state's free highway policy,…

  July 16, 2013

• People's Bank of China, Measures for the Administration of Freezing of Assets Involved in Terrorist Activities (Draft for Comments)

  中国人民银行涉及恐怖活动资产冻结管理办法 (征求意见稿)

  Issued: May 24 2013 Main contents: The Draft requires financial institutions and designated non-financial organisations to promptly freeze the capital…

  July 16, 2013

• Ministry of Commerce, Tentative Rules for Implementation of the Trade Remedy Dispute Rulings of the World Trade Organisation (Draft for Comments)

  商务部执行世界贸易组织贸易救济争端裁决暂行规则 (征求意见稿)

  Issued: May 28 2013 Main contents: According to the Draft, MOFCOM may, after the WTO ruling on China's trade remedy, carry out further investigation…

  July 16, 2013

• Beijing Municipality, Measures for Monitoring the Proceeds from Pre-sale of Commercial Residential Premises

  北京市商品房预售资金监督管理办法

  Deposits monitored as part of the proceeds from pre-sale of commercial residential premises.

  July 16, 2013

• Ministry of Finance and State Administration of Taxation, Circular on the Launch of Pilot Tax Policies for the Levy of Value-added Tax in Place of Business Tax in the Transport Industry and Certain Modern Service Industries Nationwide

  财政部、国家税务总局关于在全国开展交通运输业和部分现代服务业营业税改征增值税试点税收政策的通知

  VAT reform expanded to the whole of China.

  July 16, 2013