The Circular lifts and streamlines the examination and approval requirements for certain foreign investment matters.
The Measures set forth provisions on the handling of patent infringement disputes, mediation of patent disputes, as well as investigation and handling of the passing off of patents.
Mediation settlement agreements are legally binding.
Shanghai imposes property tax on the second property.
Full business tax levied on sale of property within five years.
Renminbi and foreign currency swaps offered to the customer market.
Tax incentives offered to software and integrated circuit industries.
Chongqing imposes property tax on high-end properties.
Foreign property purchasers required five years of tax payment in Beijing.
Issues in company capital contribution clarified.