On July 20 2002, the Shanghai municipal government issued the Encouraging the Establishment of Regional Headquarters by Foreign Multinational Corporations Tentative Provisions (the Tentative Provisions) to make itself attractive as a centre for international business, but how inviting are the provisions in the new law?
Promulgated: June 27 2002Effective: July 1 2002Main contents: The Decision raises the deed tax rate to 3%. clp reference:3200/02.06.27/BJpromulgated:2002-06-27effective:2002-07-01
Issued: July 23 2002Effective: as of date of issueMain contents: The Provisions aim to relax registration policies, streamline registration procedures…
Baker & McKenzieAfter considerable speculation on the possible break-up of China Telecommunications Corporation's (China Telecom) monopoly on fixed…
Issued: June 21 2002Effective: July 1 2002Main contents: The Circular raises the hourly minimum wage of the municipality from Rmb2.6 to Rmb2.78 and the…
Issued: July 17 2002Main contents: The Circular clarifies that where a foreign-invested enterprise, in accordance with a resolution of its board of directors,…
A circular on the establishment and operation of foreign-invested logistics enterprises in China iussed by the Ministry of Foreign Trade and Economic Cooperation (MOFTEC).
Issued: July 24 2002Effective: as of date of issueInterpreting authority: The Shanghai Stock ExchangeMain contents: The Provisions state that PRC resident…