Legislation

The Measures set forth the procedures for establishment of foreign-invested equity investment enterprises and foreign-invested equity investment management enterprises.

The Provisions specify the types of monopolistic agreements that competing business operators are prohibited from reaching.

Local education surcharge standardised.

Investment in aviation service stations encouraged.

Collateral required for engaging in outsourcing of processing.

Administration of Rep Offices of FIEs tightened.

When an enterprise derives revenue from the transfer of property, etc., it shall include all of the revenue in the year that is recognised to be the year in which such revenue is derived.

NPC Standing Committee clarifies when a foreign law would apply to a foreign-related civil relationship.

Acceptance of applications for patent priority rights from Taiwan started.