Approval for foreign investments streamlined further.
April 16, 2009
Legislation
NATIONAL LEGISLATIONCONSTITUTION AND LEGAL SYSTEMMinistry of Justice, Decision on Repeal of 12 Rules Promulgated by the Ministry司法部关于废止十二件部颁规章的决定L1400/09.02.26…
April 16, 2009Tougher penalties for insider dealing.
April 16, 2009Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.
April 16, 2009Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.
April 16, 2009The amended Law allows insurance companies to invest in bonds, stocks, securities investment fund shares and immovable property.
April 16, 2009FIEs now enjoy same property tax rates as domestic companies.
March 17, 2009Losses in partnerships not allowed to be used to deduct other companies' profits.
March 17, 2009Shanghai offers financial incentives to multinational headquarters.
March 17, 2009