Law Digest

Telecom companies included in the VAT reform.

Reinsurance transactions between foreign-funded insurance companies and their affiliates require approval.

Banks allowed to issue preference shares to replenish capital.

Issued: April 15 2014Main contents: For the purposes of the Circular, the term “online insurance” means matters relating to the formation of insurance…

Engagement in value-added telecom services made easier for foreign investors in the Shanghai FTZ.

Issued: April 14 2014Main contents: The Draft states that a well-known trademark is a trademark that is well known among the relevant public in China.…

An insurance company is required to manage bank deposits other than the current deposits required to maintain its day-to-day operations in investment accounts.

Shareholdings of QFIIs and RQFIIs increased to 30%.

Outsourcing of processing work requires record filing only.