The Official Reply addresses queries from Provisional Office of the State Administration of Taxation on the definition of permanent establishments of foreign enterprise providing services in the PRC.
China has tightened new rules regarding the release of court information to the media. Under the new system, unauthorized court officials are forbidden…
China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…
Issued: September 1 2006Effective: July 1 2006Main contents: As of July 1 2006, the limit on pre-tax deduction of enterprise wage expenses shall be adjusted…
National LegislationECONOMIC POLICYTentative Measures on Services Dealing with Complaints from Overseas Commerce of Chinese Enterprises中国企业境外商务投诉服务暂行办法L2130/06.08.16FINANCINGMeasures…
The People's Court may order an arbitration de novo by the arbitration tribunal when 1) the arbitration award was based on fabricated evidence, or 2) evidence was concealed that would have affected the impartiality of the award.
Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
Issued: September 14 2006Main contents: The Circular abolishes the export tax rebates on all non-metallic ores under Part 25 of the Customs Import/Export…
In Doing Business 2007: How to Reform, the World Bank and International Finance Corporation rank China as the fourth-best reformer globally (behind Georgia,…
Promulgated: September 1 2006Effective: October 1 2006Interpreting authority: Ministry of CommerceApplicability: The term "complaints from foreign-invested…