Legal & Regulatory

New Registration Rules for Foreign-Invested Partnership Enterprises

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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 […]

Beijing Municipality Encourages FDI in Private Equity Fund Companies

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BEIJING, Feb. 2 – Local authorities have released a circular encouraging foreign investors to establish wholly foreign-owned private equity (PE) management companies or joint-venture private equity management companies with local companies in its Zhongguancun Independent Innovation Demonstration Zone. The circular called “Tentative Measures for Establishing Foreign-Invested Private Equity Investment Fund Management Enterprises” clarifies the scope […]

China Revises Job Qualifications for Insurance Company Executives

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Jan. 28 – China has revised job qualifications for directors, supervisors and senior executives to be employed in insurance companies effective April 1. The new regulations consolidates regulatory compliance requirements for executive jobs, requiring more years of work experience in the fields of economics or finance.

Local Variations on RO Incorporation Procedures Emerging

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By Richard Hoffmann Jan. 26 – Since the release of new incorporation rules for representative offices earlier this month, we have been getting reports on variations in how these new regulations are being implemented at the local level. In Guangzhou, it was reported that the total number foreign representatives at an RO cannot exceed three. […]

Individual Online Stores Required to Apply for Business Registration

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Jan. 26 – The State Administration for Industry and Commerce has announced tentative measures that requires individuals opening online stores in the country to apply for a business registration. The new measures will be carried out before March 15, 2010. Individuals wanting to open online stores must register their business using their real names. In […]

New China Briefing Books Out Now

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Jan. 22 – China Briefing just released two new titles on doing business in the country; expanding the Asia Briefing roster of invaluable resources for both the new and experienced foreign investor. Human Resources in China Due to the rapidly changing nature of the labor market and the laws that govern it in China, it […]

Beijing’s Social Security Online System Available in February

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BEIJING, Jan. 22 – The Beijing Municipal Human Resources and Social Security Bureau announced that its social security online system for declaration and inquiry will be up beginning February. This will allow insured units and individuals to log online for social security transactions and other individual information inquiries. These transactions can include adjustments in staff […]

Developers Required to Register Idle Land by March 22

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SHANGHAI, Jan. 21 – The Shanghai Urban Planning, Land and Resources Administration Bureau is requiring real estate developers to register all idle land by March 22. Delayed construction projects or land left idle a year after purchase must be registered as well as approved development projects still pending construction. Real estate companies that do not […]

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