By Beth Bunnell and George WangWebsite: www.jonesday.comTransactions involving state-owned assets (SOAs) in China have long been subject to requirements…
Issued: June 13 2005Effective: as of date of issueMain contents: The Circular temporarily exempts:1. stamp tax on equity transfer arising from payment…
Issued: June 30 2005Main contents: Foreign-invested enterprises of the restricted category with registered capital of less than US$6 million that were…
Promulgated: May 8 2005Effective: June 1 2005Applicability: The term 'highway projects' refers to such projects as new construction, reconstruction, and…
The China Securities and Regulatory Commission has issued further measures to help smooth the integration of tradable and non-tradable shares, but will they be enough to revive investor confidence?
Promulgated: April 30 2005Effective: May 30 2005Interpreting authority: National Copyright Administration and Ministry of Information IndustryMain contents:…
(Promulgated by the Supreme People's Court on January 2 2005 and effective as of January 7 2005.)SPC Interpretations [2004] No.1Pursuant to the provisions…
Promulgated: May 23 2005Effective: as of date of promulgationInterpreting authority: People's Bank of ChinaApplicability: These Procedures apply to short-term…
For the first time, the State Council has offered substantive legal parameters for the growth of China's burgeoning domestic private sector. The Opinion issued by the State Council brings the legal status of local private enterprises closer to that enjoyed by state and foreign-owned companies. Despite this, there is still more to be done to make China's private sector globally competitive.