Other Briefings
Business Licenses for Foreign-Invested Partnership Enterprises Available in March
Feb. 26 – Business licenses for Foreign-Invested Partnership Enterprises and Branches of Foreign-Invested Partnership Enterprises drafted by the State Administration for Industry and Commerce will be available for use beginning March 1. The license will include registration number, name, main site for business operations, executive partners, business scope, partners, duration of partnership, date of establishment, […]
Beijing City Releases New Real Estate Policies
BEIJING, Feb. 25 – New real estate policies released yesterday attempts to rein in ballooning housing prices and property speculation in China’s capital city. The Implementing Opinions for Promoting the Steady and Healthy Development of the Real Estate Market in Beijing (Implementing Opinions), asserts adherence to a 40 percent initial housing loan payment for second […]
New Regulations for Online Stores to be Released in March
BEIJING, Feb. 23 – The State Administration for Industry and Commerce is expected to release new regulations for major online stores next month that will require them to apply for a business license and pay taxes. Small online sellers, which comprise of majority of all internet sellers, will not be required to subscribe to the […]
Revised Regulations on Audit Laws Released
Feb. 22 – China’s State Council has recently released revised implementing regulations for audit laws applicable beginning May 1, 2010. The revised rules cover responsibilities and limits of audit offices, audit procedures, and legal obligations. Specifically, it says that audit officers should avoid conflicts of interests with companies being audited, and audit authorities have the […]
Administration Rules for Foreign-Invested Partnerships Released
Commentary: Chris Devonshire-Ellis Feb. 16 – China’s State Council has released the administration measures for the establishment of foreign-invested partnerships in China, as outlined in the State Administration of Industry and Commerce Circular [2010] No. 47. The measures take effect from March 1, 2010 and provide an alternative to the establishment of joint ventures and […]
Hong Kong Proposes Financial Dispute Resolution Center for Individual Investors
HONG KONG, Feb. 10 – The Financial Services and The Treasury Bureau has submitted a public consultation paper suggesting plans for a Financial Dispute Resolution Center and Investor Education Council in the territory. The Financial Dispute Resolution Center will provide a one-stop service venue for resolving monetary disputes between an individual consumer and a financial […]
New Issue of China Briefing Magazine: Closing Down Representative Offices and Liquidating Businesses in China
Feb. 8 – In this new issue of China Briefing, we take a look at the procedures for closing down representative offices and liquidating businesses in China. With the global financial crisis slowly beginning to ease and China’s economic growth in steady recovery, many foreign investors are again considering China. However, the chaos of the […]
New Registration Rules for Foreign-Invested Partnership Enterprises
Feb. 3 – The State Administration of Industry and Commerce (SAIC) has released a new order on the registration of foreign-invested partnership enterprises effective March 1, 2010. The new rules aim to manage foreign investors setting up partnership enterprises in China thus improving economic coordination and technology exchange. It covers rules on registration of foreign-invested […]
