Law Digest

• State Administration of Foreign Exchange, Circular on Issues Relevant to Relaxation on the Retaining of Foreign Exchange Revenue from Current Account Items of Domestic Organizations

  国家外汇管理局关于放宽境内机构保留经常项目外汇收入有关问题的通知

  Issued: August 2 2005Effective: as of date of issueApplicability: In the case of a conflict between previous provisions and this Circular, this Circular…

  September 02, 2005

• State Administration of Taxation, Circular on Several Issues Concerning the Crediting of Purchases of Domestically Produced Equipment as Investments by Foreign-invested Enterprises and Foreign Enterprises Against Enterprise Income Tax

  国家税务总局关于外商投资企业和外国企业购买国产设备投资抵免企业所得税若干问题的通知

  Issued: May 20 2005Main contents: The Circular clarifies several issues concerning the implementation of the Circular on Questions Relevant to Crediting…

  September 02, 2005

• Other Recent Legislation for This Month

  National LegislationAVIATION AND AEROSPACEDecision on Repeal of Some of the Civil Aviation Rules and Rules-type Documents 关于废止部分民用航空规章和规章性文件的决定L4700/05.06.28BANKINGGuiding…

  September 02, 2005

• General Affairs Department of State Administration of Foreign Exchange, Circular on Issues Relevant to the Sale and Payment of Foreign Exchange for Transfer of Goods Out of Export Processing Zones for Further Processing

  国家外汇管理局综合司关于出口加工区货物出区深加工结转售付汇有关问题的通知

  Issued: June 2 2005Main contents: Transfer of goods out of export processing zones for further processing between transferor enterprises in export processing…

  September 02, 2005

• National Development and Reform Commission, Steel Industry Development Policy

  国家发展和改革委员会钢铁产业发展政策

  Promulgated: July 8 2005Main contents: According to the Policy, mergers and restructurings shall be implemented in order to expand the scale of pillar…

  September 01, 2005

• Other Recent Legislation for this Month

  National LegislationCONSTITUTION AND LEGAL SYSTEMPRC Property Rights Law (Draft)中华人民共和国物权法（草案）L1420/05.07.08INVESTMENT INSTRUMENTSInformation…

  July 02, 2005

• People's Bank of China Notice [2005] No.13

  中国人民银行公告 [2005] 第13号

  Issued: June 9 2005Main contents: Non-financial institutional investors may carry out bond transactions with all financial institutions in the national…

  July 02, 2005

• Ministry of Labour and Social Security, Matters Relevant to the Establishment of an Employment Relationship Circular

  劳动和社会保障部关于确立劳动关系有关事项的通知

  Issued: May 25 2005Main contents: The Circular clarifies the circumstances under which an employment relationship is deemed to be established if there…

  July 02, 2005

• Ministry of Finance and State Administration of Taxation, Tax Policy Issues Relevant to Pilot Reform Projects Regarding the Separation of Equity Ownership and Trading Rights Circular

  财政部、国家税务总局关于股权分置试点改革有关税收政策问题的通知

  Issued: June 13 2005Effective: as of date of issueMain contents: The Circular temporarily exempts:1. stamp tax on equity transfer arising from payment…

  July 02, 2005

• State Administration for Industry and Commerce, Adjustment of the Jurisdiction Concerning the Registration of Some of the Foreign-invested Enterprises Circular

  国家工商行政管理总局关于调整部分外商投资企业登记管辖范围的通知

  Issued: June 30 2005Main contents: Foreign-invested enterprises of the restricted category with registered capital of less than US$6 million that were…

  July 02, 2005