China has further clarified tax preferences for high- and new-technology enterprises (HNTEs) in a recent Working Guideline. Applicants that can satisfy tougher and more precise qualification criteria will benefit from clear and objective evaluation procedures, but must be prepared for broad scrutiny of their tax and legal compliance. HNTE status can be lost through business changes including mergers or acquisitions.
After 12 months of innovative and pioneering work and four months of research, interviewing and profiling, the 2008 China Law & Practice awards were presented in Beijing on September 18. The winning deals and firms were recognised for their impact on China's legal community.
The revised Measures amended Article 63, concerning application to the China Securities Regulatory Commission for an offer exemption by using the simplified procedure.
MNCs must avoid creating a global monopoly.
Beijing Capital International Airport Company has proposed an Rmb26.9 billion acquisition of Terminal No.3 of the Beijing Capital Airport from Capital…
Foreign investors in China's mining sector are now required to report their listing intentions to the Ministry of Commerce and the Ministry of Land and…
CSRC takes steps to improve the standard of financial consultants.
The Provisions define the threshold at which a concentration of business operators shall be reported to the State Council's department in charge of commerce.
Lawyers are expecting draft legislation to further regulate investment between banks and insurers, as the cooperation between the two industries has started…
ReneSola has completed its follow-on offering of 10,350,000 American depositary shares on the New York Stock Exchange. Each share representing two ordinary…