Legislation

Issued: November 29 2013Main contents: Where the beneficiary and the guarantee applicant or a third party have colluded in bad faith and there is no genuine…

Unaudited quarterly financial statements required to be provided in the prospectus after financial report audit date.

IPO issuers required to provide data comparison with competitors.

Circular issued to regulate captive insurance companies.

China allows issuance of preference shares.

Individuals are allowed to engage in securities investment overseas.

FIEs required to give an undertaking before allowed establishment.

VAT shall not be imposed on asset transfers on multiple occasions when the ultimate transferee is the same.

Technical consulting income may be counted as technology transfer income.