The Measures set forth the criteria for recognition as a hi-tech enterprise. After obtaining qualifications as a hi-tech enterprise, the enterprise is entitled to tax reduction or exemption.
The Circular allows commercial banks to engage in gold futures trading and specifies the conditions such as having the qualifications to trade in derivatives.
Vladimir Furman and Dina JarmukhanovaMcGuire WoodsIn the absence of a treaty, Kazakhstan will not recognize or enforce judgments of the PRC courts.…
Zhang Zhong Dong and Chen Zheng JunKhattarWongPursuant to the Provisions for the Acquisition of Domestic Enterprises by Foreign Investors of the People's…
Manisha Singh NairLex OrbisA recent survey on piracy released by the Business Software Alliance (BSA) shows that there has been a fall in piracy in India.…
Huaneng Power International has completed an approximately HK$26 billion (US$3.3 billion) acquisition of SinoSing Power from Huaneng Group, including cash…
Earlier this year the Ministry of Science and Technology, the Ministry of Finance and the State Administration of Taxation issued a circular containing new Measures on HNTE Recognition. These measures, along with a Catalogue of supported industries, detail HNTE recognition requirements and necessary administration procedures under the PRC Enterprise Income Tax Law.