Legislation

The Opinion specifies that if a foreign-invested enterprise obtained the leasehold through grant, it is not required to pay place use fees as it has already paid a land grant fee.

National LegislationBANKINGOpinion on Accelerating the Innovation of Rural Financial Products and Mode of Services关于加快推进农村金融产品和服务方式创新的意见L3600/08.10.15FOREIGN…

Share buyback by listed companies made easier.

Clarity for valuation of securities investment fund products with no market price.

Enterprises owing workers wages may be ordered to stop operations.

Shanghai Stock Exchange issues guidelines on disclosure of increase in shareholding.

Clearer procedures for private equity investment through trust companies.

Approval procedures for commercial FIEs streamlined.

Deductible expenses of non-tax-resident enterprises clarified.