State Council issues transitional preferential tax policies in view of the implementation of the PRC Enterprise Income Tax Law.
January 31, 2008
Legislation
Parent securities companies not allowed to compete with their subsidiaries.
January 31, 2008Foreign investors allowed wider access to securities joint ventures.
January 31, 2008Paid annual leave detailed in regulations.
January 31, 2008Guangdong offers preferential tax treatment for purchase of advanced technologies and patents.
January 31, 2008Shanghai introduces basic medical insurance for urban residents.
January 31, 2008Entry requirements for the coal industry raised.
January 31, 2008Senior management of listed companies restricted from buying or selling shares of the company before release of the annual report.
January 31, 2008Threshold for Hong Kong and Macao investment in mainland medical institutions lowered.
January 31, 2008With the approval of the CSRC, a securities company may establish a wholly-owned subsidiary or, alternatively, invest in and establish a subsidiary together with another qualified investor.
January 31, 2008