Legislation

The Provisions aims to establish a constraining mechanism to combat the abuse of control of listed companies and to protect the lawful righjts and interests of shareholders.

According to this Circular, the a pilot project is launched to reform the separation of equity ownership and trading rights of listed companies.

To encourage technology imports and standardize the procedure for tax reductions and exemptions, this Circular states that a foreign investor who wishes to apply for an income tax reduction or exemption may entrust the technology import transferee to carry out the relevant procedures.

This Circular address issues of income tax on the stock options of employees, nature of the income from stock options, domestic and foreign sources of income, and calculation of tax payable.

The Decisions state that the entry of non-upblicly owned capital into specified cultural sectors is encouraged and supported.

Promulgated: March 17 2005Effective: May 1 2005Applicability: For the purposes of these Procedures, the term "enterprise credit information collection"…

Issued: February 7 2005Effective: March 1 2005Applicability: The term "construction projects" refers to the installation work and the internal and external…

National LegislationAVIATIONAdministration of the Registration of Non-commercial General Aviation Provisions非经营性通用航空登记管理规定L4700/04.10.12BANKINGPromoting…

The Procedures are concerned with the uploading of the pricing of electric power on to grids and reform of the electric power system of China.