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2012 Annual Inspection starts March 1 - a recap of general procedures
- Frost Brown Todd LLC
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- China
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- March 7 2013
In accordance with the Measures for the Annual Inspection of Enterprises, issued by the State Administration for Industry and Commerce (SAIC) in
Basic 101 on how to terminate an employee in China
- Frost Brown Todd LLC
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- China
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- December 10 2012
The following is a summary of the legal grounds on which an employer may terminate an employee and the relevant compensation requirement (if applicable) under China’s current Labor Contract Law
New regulations easing foreign exchange control over FDI and M&A
- Frost Brown Todd LLC
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- China
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- December 5 2012
The State Administration of Foreign Exchange of China recently released a Circular in an effort to ease foreign exchange control over foreign direct investment and M&A in China
Basic 101 on setting up a wholly foreign owned enterprise (WFOE)
- Frost Brown Todd LLC
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- USA
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- November 30 2012
The first thing you need to do is to conduct a site search and identify appropriate space for your WFOE
China clarifies export refund policies
- Frost Brown Todd LLC
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- China
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- October 9 2012
In the past summer, China’s Ministry of Finance (MoF) and the State Administration of Taxation (SAT) jointly issued the “Notice Regarding VAT and CT Policies for Export Goods and Services (caishui 2012 No. 39.”
M&A in China foreign investment in the world’s fastest growing consuming economy
- Frost Brown Todd LLC
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- China
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- June 20 2012
During the early parts of China’s transition to a modern economy, the underperforming State Owned Enterprises (“SOEs”) were market liabilities
New bidding regulation names national development and reform commission to lead tendering and bidding activities for public interest projects
- Frost Brown Todd LLC
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- China
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- June 3 2012
The Tender Law of the People’s Republic of China, effective January 1, 2000, was adopted by the National People’s Congress in an effort to standardize tendering and bidding activities in China
China allows RMB trade settlement
- Frost Brown Todd LLC
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- China
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- May 3 2012
On February 3, 2012 the People’s Bank of China (“PBC”), Ministry of Finance, Ministry of Commerce, General Administration of Customs, State Administration of Taxation, and Banking Regulatory Commission jointly issued the Circular on Issues Concerning the Administration of Enterprises Settling Goods Export in RMB (yinfa2012 No. 23
China is expanding VAT reform
- Frost Brown Todd LLC
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- China
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- May 3 2012
To avoid double taxation, China started replacing its Business Tax to VAT in the transport sector and some service sectors in Shanghai from January 1 this year under the VAT reform pilot program
Foreign-funded investment companies allowed to use RMB income to invest directly in other companies
- Frost Brown Todd LLC
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- China
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- February 14 2012
On December 8, 2011, the Ministry of Commerce (“MofCom”) and the State Administration of Foreign Exchange (“SAFE”) jointly issued the Notice on Further Improving the Administrative Measurers for FICs
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- Author - Pei Zhang
