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China's latest merger and acquisition (M&A) rules have already generated much concern among foreign investors desiring to acquire Domestic Companies, The regulations come at a time when several high profile [...]

(Promulgated by the Ministry of Commerce, State-owned Assets Supervision and Administration Commission of the State Council, State Administration of Taxation, State Administration for Industry and Commerce, China Securities Regulatory Commission [...]

(Promulgated by the Ministry of Commerce on May 26 2006 and effective as of July 1 2006.) Order of MOFCOM [2006] No.3 With a view to further encouraging investment in [...]

(Issued by the State Administration for Industry and Commerce, the Ministry of Commerce, the General Administration of Customs and the State Administration of Foreign Exchange on April 24 2006.) Gong [...]

3610/05.02.03 (Promulgated by the Ministry of Commerce on February 3 2005 and effective as of March 5 2005.) Order of MOFCOM [2005] No.5 Article 1: These Procedures have been formulated [...]

As Hong Kong's economy continues in the doldrums, the territory is again looking across the border for a dose of medication from the PRC. All eyes are now focused on [...]

Shanghai has issued new regulations that govern the complicated process of acquiring state-owned enterprises by asset or equity purchases. The new rules should be read in conjunction with the various [...]

The State Administration of Taxation (SAT) issued the Tax Administration Issues Relevant to Resident Representative Offices of Foreign Enterprises Circular [Guo Shui Fa (2003) No. 28, the 2003 Circular] on [...]

PART ONE: GENERAL PROVISIONS Article 1: These Regulations are formulated in accordance with the PRC Education Law, PRC Vocational Education Law and PRC Promotion of Non-government-run Education Law in order [...]

Article 1: These Provisions have been formulated pursuant to laws and administrative regulations for foreign-invested enterprises and other related laws and administrative regulations in order to promote and regulate investments [...]

New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this [...]

(As of the effective date, the Establishment of Pilot Sino-foreign Foreign Trading Equity Joint Ventures Tentative Procedures, approved by the State Council on September 2 1996 and promulgated by the [...]

PART ONE: GENERAL PROVISIONS Article 1: These Provisions are formulated to implement the Administration of Representative Offices of Foreign Law Firms in China Regulations (the Regulations) and to carry out [...]

Foreign law firms in the PRC legal services market: the number of foreign law firms in the PRC has grown considerably since the first branch offices were issued with licences [...]

Sensing an overheated property market and the need to take steps to cool speculative investment, particularly with respect to foreign investors, six governmental ministries and regulatory authorities, including the Ministry [...]

China's booming trade and investment climate has created a commensurate need to develop the country's infrastructure. By and large, however, the government has so far been unable to satisfy demand [...]

Offices of the State Administration of Taxation and Local Taxation Bureaux of all provinces, autonomous regions, municipalities directly under the central government and cities with independent development plans: Pursuant to [...]

On January 31 2003, China issued new regulations that aim to accelerate the development of the country's foreign trade sector by introducing greater foreign competition. The Establishment of Sino-foreign Trading [...]

Circular puts an end to FIEs super national treatment. Issued: October 18 2010 Main contents: Beginning from December 1 2010, the PRC Tentative Regulations on Urban Maintenance and Construction Tax [...]

The Provisions set forth the procedures and requirements for registration of establishment, amendment of registration and de-registration of foreign-invested partnerships. (Promulgated by the State Administration for Industry and Commerce on [...]

A Chinese court has for the first time enforced an award made in China by a foreign arbitral institution. The decision apparently follows a policy of limiting domestic awards to [...]

Approval procedures for commercial FIEs streamlined. Issued: September 12 2008Effective: As of date of issuance Main Contents: The Circular states that the investment in and establishment of commercial enterprises by [...]

(Issued by the State Administration of Taxation on July 19 2006.) Guo Shui Han [2006] No.694 Jiangsu Provincial Office of the State Administration of Taxation: Your Request for Instructions on [...]

Historically, Chinese media has acted principally as an organ of the state and only recently became a source of revenue. This is due largely to the fact that the media [...]

2500/04.07.15 Issued: July 15 2004 Main contents: If a foreign-invested enterprise proposes an early termination of a contract and the articles of association and dissolution of the enterprise within its [...]

Article 1: These Provisions have been formulated in accordance with relevant Chinese laws on foreign-invested enterprises, the Administration of Travel Agencies Regulations and relevant provisions, in order to adapt to [...]

BEIJING Beijing Municipality, 2300/03.03.05/BJ Matters Relevant to Further Delegating the Municipal Examination and Approval Authority for Contracts and Articles of Association, Etc. of Foreign-invested Projects Circular Issued: March 5 2003 [...]

As part of regulatory authorities' efforts to create favourable conditions for the development of the aero-leasing industry in China, a new draft of the Financial Leasing Law has been produced. [...]

By the end of 2006, pursuant to its agreement with the World Trade Organization, China will allow foreign companies into the business of distributing petrol and other oil products from [...]

From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the Provisions for the Acquisition of [...]

With the promulgation by the Ministry of Commerce (MOFCOM) of the Administration of Foreign Investment in the Commercial Sector Procedures (effective June 1 2004--the Procedures), China has officially opened the [...]

December 11 2004 was the long awaited date on which various subsectors of 'distribution services' in respect of most products were slated to open more fully to foreign participation as [...]

2500/05.03.18 Issued: March 18 2005 Main contents: The Circular clarifies that funds raised through loans of a party to a joint venture in its own name shall be regarded as [...]

2300/04.11.11 Issued: November 11 2004 Main contents: Where a foreign invested enterprise applies for an extension of its term of business later than the stipulated period (180 days before expiry [...]

Becoming a WTO member is not only about reducing tariffs and import quotas--it is also about China becoming more competitive in the global market. And competition is indeed what is [...]

Since 1990, the PRC has established 15 Free Trade Zones, in Shanghai Waigaoqiao, Tianjin Tanggu, Dalian, Qingdao, Zhangjiagang, Ningbo, Guangzhou, Shantou, Shenzhen Shatoujiao, Shenzhen Futian, Shenzhen Yantian, Zhuhai, Xiamen Xiangyu, [...]