Promulgated: August 23 2006Effective: September 8 2006Main contents: The Interpretation provides additional information to the PRC Arbitration Law.Related…
Issued: August 25 2006Main contents: The Circular states that the registration jurisdiction of branches and sub-branches of foreign-invested enterprises,…
Issued: July 26 2006Effective: August 1 2006Interpreting authorities: Ministry of Finance, State Administration of Work Safety and People's Bank of ChinaApplicability:…
Clarifies criteria for the recognition of newly established enterprises, eligibility for the preferential income tax policies, the tax authority's power to determine such eligibility, the applicability for fixed periods of enterprise income tax reduction and exemptions.
The People's Court may order an arbitration de novo by the arbitration tribunal when 1) the arbitration award was based on fabricated evidence, or 2) evidence was concealed that would have affected the impartiality of the award.
The Provisions underline the PRC's concern over inbound M&A activities. It adds extra regulations to the administration system, determination of qualified FIEs, certain M&A activities, and foreign exchange registration.
The PRC Enterprise Bankruptcy Law modernizes the PRC corporate bankruptcy regime, applicable to both state-owned and domestic and foreign private companies.
Issued: June 15 2006Main contents: These Opinions seek to:- actively develop individual and group old-age pension insurance businesses;- encourage and…