Legislation

• General Administration of Customs, PRC Customs Measures for the Supervision of Processing Trade Goods (Revised)

  海关总署中华人民共和国海关对加工贸易货物监管办法 (修正)

  Non-principal processes allowed to be outsourced for the processing trade sector.

  May 08, 2008

• State Administration of Taxation, Circular on Issues Relevant to the Administration of Tax Collection Concerning Outbound Payments of Trade in Services

  国家税务总局关于服务贸易对外支付税收征管有关问题的通知

  Procedures for advance tax filing for the service industry clarified.

  May 08, 2008

• General Administration of Customs, PRC Customs Measures for the Administration of Centralized Customs Declaration of Imports and Exports

  中华人民共和国海关进出口货物集中申报管理办法

  Simplified customs procedures for time sensitive, dangerous and low-risk goods.

  May 08, 2008

• Other Recent Legislation for this Month

  NATIONAL LEGISLATIONAVIATION AND AEROSPACEPlan for Distribution of Civil Airports Nationwide 全国民用机场布局规划L4700/07.12.00CONSTITUTION…

  May 08, 2008

• Guangzhou City, Circular on the Revision of the Minimum Wage Standard for Enterprise Staff and Workers in the City

  广州市关于调整我市企业职工最低工资标准的通知

  Guangzhou raises the minimum wage standard.

  May 08, 2008

• State Administration of Foreign Exchange and State Administration of Taxation, Circular on Issues Relevant to the Trial Implementation of Tax Filing for Outbound Payments of Trade in Services

  国家外汇管理局、国家税务总局关于试行服务贸易对外支付税务备案有关问题的通知

  Advance tax filing for the service industry implemented in six places for trial.

  May 08, 2008

• General Office of the China Banking Regulatory Commission, Circular on Issues Relevant to Further Regulating the Personal Financial Management Business of Commercial Banks

  中国银行业监督管理委员会办公厅关于进一步规范商业银行个人理财业务有关问题的通知

  CBRC puts a halt to commercial banks' selling of products linked to overseas funds.

  May 08, 2008

• PRC Law on the Mediation and Arbitration of Employment Disputes

  中华人民共和国劳动争议调解仲裁法

  The Law details the procedures for mediation and arbitration of employment disputes. It stipulates that the time limit for applying for arbitration in an employment dispute shall be one year (Article 27).

  May 08, 2008

• Land Registration Measures

  土地登记办法

  The Measures stipulate that land registration shall be carried out jointly by the concerned parties, except in specified circumstances where a single party may make an application.

  May 08, 2008

• Circular on the Handling of Relevant Matters Following the Abolition of Several Preferential Tax Policies Previously Available to Foreign-invested Enterprises and Foreign Enterprises

  关于外商投资企业和外国企业原有若干税收优惠政策取消后有关事项处理的通知

  The Circular clarifies three issues arising after the abolition of several preferential tax policies previously available to foreign-invested enterprises and foreign enterprises.

  May 08, 2008