MLR issues 19 articles to curb property speculation.
April 16, 2010
Legislation
Loans with unspecified purposes not allowed.
April 16, 2010Policy-type residential premises are to account for at least 50% of the market in Beijing.
April 16, 2010The Measures specify the criteria for establishing a financing security company. The minimum registered capital may not be less than Rmb5 million.
April 16, 2010If a Representative Office has unsound account books, fails to accurately account for its revenues or costs and expenses, or fails to make accurate filings, the tax authority shall have the authority to determine its taxable income.
April 16, 2010The Circular states that the technical service activities relating to the transfer of use rights to proprietary technology shall be deemed as part of the transferred technology.
April 16, 2010The Provisions set forth the procedures and requirements for registration of establishment, amendment of registration and de-registration of foreign-invested partnerships.
April 16, 2010National legislation AccountingImplementing Regulations for the PRC Audit Law (Revised)中华人民共和国审计法实施条例 (修订)L3120/10.02.11 Regional…
March 11, 2010Accounting treatment of hybrid insurance contracts clarified.
March 11, 2010More certainty for parties using the ICC.
March 11, 2010