Legislation

• PRC Foreign Investment Law (Draft)

  中华人民共和国外商投资法 (草案)

   Issued: December 26, 2018 Applicability: This Law shall govern foreign investment in China. For the purposes of this…

  January 09, 2019

• Central Committee of the Communist Party of China and State Council, Several Opinions on Intensifying the Reform and Regulating the Development of Pre-school Education

  中共中央、国务院关于学前教育深化改革规范发展的若干意见

  Private kindergartens are not allowed to be listed

  January 02, 2019

• General Office of the Supreme People's Court, Circular on Determining the First Batch of International Commercial Arbitration and Mediation Institutions Included in the “One-stop” Mechanism for the Multidimensional Resolution of International Commercial Disputes

  最高人民法院办公厅关于确定首批纳入“一站式”国际商事纠纷多元化解决机制的国际商事仲裁及调解机构的通知

  Five arbitration institutions are included in the “one-stop” resolution mechanism for Belt and Road disputes

  January 02, 2019

• Announcement on Issues Relevant to Expanding the Scope of Application of the Policy of Provisional Deferral of Withholding Income Tax on Direct Investments Made by Foreign Investors Using Distributed Profits

  关于扩大境外投资者以分配利润直接投资暂不征收预提所得税政策适用范围有关问题的公告

  New tax deferral policy clarified

  January 02, 2019

• Circular on Improving the Import Tax Policy on Cross-border E-commerce Retail

  关于完善跨境电子商务零售进口税收政策的通知

  Limits on maximum amounts of e-commerce retail import purchases are raised

  December 19, 2018

• China Securities Regulatory Commission, Ministry of Finance and State-owned Assets Supervision and Administration Commission of the State Council, Opinions on Supporting Listed Companies in Buying Back Their Shares

  中国证券监督管理委员会、财政部、国务院国有资产监督管理委员会关于支持上市公司回购股份的意见

  Listed companies are encouraged to buy back their shares

  December 12, 2018

• China Securities Regulatory Commission, Guidelines for the Governance of Listed Companies

  中国证券监督管理委员会上市公司治理准则

  Institutional investors are encouraged to participate in corporate governance

  December 12, 2018

• Cyberspace Administration of China, Provisions for the Administration of Blockchain Information Services (Draft for Comments)

  国家互联网信息办公室区块链信息服务管理规定 (征求意见稿)

  Issued: October 19, 2018Main contents: Within 10 workings days from the date on which it commences providing services, a blockchain information service…

  December 12, 2018

• PRC Stamp Tax Law (Draft for Comments)

  中华人民共和国印花税法 (征求意见稿)

  Issued: November 1, 2018Main contents: With respect to a tax payment receipt provided in connection with the assignment or lease of residential premises,…

  December 12, 2018

• Ministry of Finance and State Administration of Taxation, Circular on the Policy for Enterprise Income Tax and Value-added Tax on Investments in the Domestic Bond Market by Foreign Organizations

  财政部、税务总局关于境外机构投资境内债券市场企业所得税增值税政策的通知

  Foreign investors are offered tax exemption for bond investments

  December 12, 2018