Legislation

Issued: June 5 2014 Main contents: The Draft removes the provisions on the investigation and handling of operations carried on beyond the scope of…

Issued: June 11 2014 Main contents: The Provisions prohibit business operators from reaching monopolistic agreements in the course of the exercise…

FIE examination and approval procedures streamlined.

A per-day continuous penalty may be imposed for illegal emission/discharge of pollutants.

Prior approvals for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished

Stamp duty on preference share transactions set at 0.1%

SAT revises the expense deduction amount for individual income tax of partnerships and proprietorships.

Measures revised to allow loans for insurance company M&As.

National legislation Banking Implementing Measures for the Administrative Permission Items of Small and Medium Rural Financial Institutions 农村中小金融机构行政许可事项实施办法…