March 31, 2002
The new catalogue has made radical changes to the different categories into which all foreign investment is classified.
Exemptions in business tax for high and new technology-related expenses.
Application procedures for registration of computer software copyright.
Foreign-invested companies are governed by the PRC Administration of Company Registration Regulations in terms of company registration procedures.
Promulgated: February 11 2002Effective: March 1 2002Applicability: The Measures apply to all service industry outlets, including hotels, restaurants, bars,…
The regulations kick-start market liberalization in China and further legal changes governing a range of industries.
Principles governing the separate account arrangement, valuation date and measurement of income revenue and expenses of investment-linked products.
Clarifies the meaning of "enterprise assets".
Accountants acting on service engagement terms.
After the PRC accession to WTO, the threshold for a "large-scale commercial enterprise" is gradually lowered.