Legislation

Overseas waste importers must register with the authorities.

The Provisions stipulate detailed regulations in relation to company registered capital, including its amount, method of contribution, asset appraisal, form of payment, increase or decrease, and the corresponding procedures, rights and liabilities.

The Implementing Rules mainly focus on the establishment, termination and liquidation of foreign-invested insurance companies and their branch organizations, clarifying the PRC Administration of Foreign-invested Insurance Companies Regulations effective since February 2002.

(Issued by the State Administration of Foreign Exchange on May 17 2004 and effective 45 days after the date of issue.)

The Administration of Insurance Companies Provisions became effective on June 15 2004, and have replaced the provisions of the same name promulgated by the CIRC on January 13 2000 and amended on March 15 2002. They are applicable to domestic insurance companies, and are generally applicable to foreign-invested insurance companies.

(Issued by the State Administration of Foreign Exchange on May 17 2004 and effective 45 days after the date of issue.)

The minimum initial capital for setting up a law firm is reduced to Rmb100,000.

Promulgated: April 30 2004Effective: May 1 2004Main contents: In the case of a traffic accident involving a motor vehicle covered by compulsory third-party…

Provides for information disclosure and auditing rules for SME Board-listed companies.