Restructuring of a microfinance company into a rural bank requires a bank promoter.
Legislation
- October 10, 2009
Directors' fees treated as wages for individual income tax purposes.
October 10, 2009Regions encouraged to reduce the price of essential medicines.
October 10, 2009The Measures detail the procedures for record filing of intellectual property rights with customs, customs detention of alleged infringing goods and customs handling of infringing goods.
October 10, 2009Forex funds and overseas profits can be used for ODI projects.
October 10, 2009The Interpretation elaborates the definition of terms mentioned in the PRC Property Law such as owner, exclusively-owned parts, parts owned in common and materially interested owners.
October 10, 2009The Measures set forth the procedure for establishing a consumer finance company. The minimum registered capital required is Rmb300 million.
October 10, 2009The Circular clarifies the determination of the taxable income derived from stock appreciation rights and restricted stock.
October 10, 2009The revised Policy removes the Articles on the reporting of import of automobile parts and components that constitute the characteristics of a whole vehicle.
October 10, 2009Closer monitoring of secondment of expats to China.
September 04, 2009
