Legislation

Issued: February 5 2002Main contents: Section One of the Circular requires listed companies to fully disclose their remuneration payments to accounting…

The new catalogue has made radical changes to the different categories into which all foreign investment is classified.

Exemptions in business tax for high and new technology-related expenses.

Application procedures for registration of computer software copyright.

Foreign-invested companies are governed by the PRC Administration of Company Registration Regulations in terms of company registration procedures.

Promulgated: February 11 2002Effective: March 1 2002Applicability: The Measures apply to all service industry outlets, including hotels, restaurants, bars,…

The regulations kick-start market liberalization in China and further legal changes governing a range of industries.

Principles governing the separate account arrangement, valuation date and measurement of income revenue and expenses of investment-linked products.

Clarifies the meaning of "enterprise assets".