The new rules revises six aspects including increasing the deductible amount for income from contracting for or leasing the operation of enterprises or institutions and clarifying tax returns procedures while further stipulating the duties of withholding agents in relation to tax withheld on the full amount for all personnel.
Apple Computer's investigation into claims of poor working conditions at a Chinese iPod factory found no forced labour or other serious violations. However,…
Promulgated: December 28 2005Effective: January 1 2006Interpreting authority: Municipal Labour and Social Security Bureau, Municipal Commerce Bureau, Municipal…
Issued: November 23 2005Effective: October 1 2005Applicability: For the purposes of the Circular, the term "people from Taiwan, Hong Kong and Macao" refers…
Issued: December 3 2005Effective: as of date of issueApplicability: In the event of a conflict between existing provisions and the Decision, the Decision…
Listed companies can apply for implementation of equity incentive measures and establish a comprehensive incentive and regulatory scheme. Listed companies may use its own shares as the subject matter of long-term incentives (including restricted shares and stock options) offered to its directors, supervisors, senior management personnel and other staff and workers. This Measures establish detailed regulations regarding incentive modes, incentive targets, source of shares, incentive amount, grant price and grant period etc.
Issued: October 17 2005Main contents: Where the service term and liquidated damages for breach of contract are agreed upon by both parties to a labour…
Issued: December 19 2005Applicability: The term 'management' refers to the persons in charge and other members of the leadership team of state-owned and…
Issued: December 19 2005Effective: as of date of issueApplicability: In the event of a conflict between other provisions and this Circular, this Circular…