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Results: 1-10 of 42

New rule to collect land value-added tax
  • Hogan Lovells
  • China
  • March 27 2007

On December 28, 2006, the State Administration of Taxation (“SAT”) issued the Circular on the Relevant Issues Concerning the Settlement Management of Land Value-added Tax on Real Estate Development Enterprises 2006187, the “Circular 187”) for the purpose of further strengthening the settlement management of land value-added tax on real estate Development enterprises


Law of China on Rights in Rem: impact on the real estate sector
  • Hogan Lovells
  • China
  • May 31 2007

On March 16, 2007, the 5th Session of China’s 10th National People's Congress adopted the Law of the People’s Republic of China on Rights in Rem, which will take effect on October 1, 2007


New circular re-imposes restrictions on purchases of properties in China by foreign entities and individuals - a sense of déjà vu
  • Hogan Lovells
  • China
  • November 30 2010

On 15 November 2010, the Ministry of Housing and Urban-Rural Development (MOHURD) and the State Administration of Foreign Exchange (SAFE) jointly issued the Circular on Further Standardising the Administration of Property Purchases by Overseas Institutions and Foreigners ("Circular 186"), which re-imposes restrictions on the purchase of properties by foreign entities with a presence in China and foreign individuals


MOFCOM strengthens the regulation of land use by foreign invested enterprises
  • Hogan Lovells
  • China
  • May 4 2009

China’s Ministry of Commerce (MOFCOM) issued in January 2009 a circular requiring the local authorities in charge of approving the establishment and modification of foreign invested enterprises (FIEs) to consider the Land Conservation and Intensification Index (the Index) when reviewing FIE applications


Notice on the relevant issues concerning strengthening the supervision of real estate appraisal institutions
  • Hogan Lovells
  • China
  • February 26 2007

In order to standardize the approval of qualification of real estate appraisal institutions, and strengthen the supervision on real estate appraisal institutions, on December 7, 2006, the Ministry of Construction issued the Notice on the Relevant Issues Concerning Strengthening the Supervision of Real Estate Appraisal Institutions


New catalogs of projects subject to land use restriction or prohibition
  • Hogan Lovells
  • China
  • February 26 2007

On December 12, 2006, the Ministry of Land and Resources and the National Development and Reform Commission jointly issued the 2006 Catalogs for Projects Subject to Land Use Restriction or Prohibition, with a view to support the implementation of the national industrial policies and macro control of economy


New rule on administration of proceeds from grant of state-owned land use right
  • Hogan Lovells
  • China
  • March 27 2007

On December 17, 2006, the General Office of the State Council issued the Circular of the General Office of the State Council on Regulating the Administration of Proceeds from Grant of the Stateowned Land Use Right ( 2006100 , the “Circular 100”) in order to reinforce land administration, protect arable land, and promote intensive utilization of land


Amendments of Provisional Regulations on Urban Land Use Tax of PRC
  • Hogan Lovells
  • China
  • March 27 2007

For the purpose of rationalizing the use of land in cities and towns, regulating the income differential on land, improving efficient use in use and strengthening land management, the State Council amended Provisional Regulations on Urban Land Use Tax ("the “New Regulations”


China sets standards for minimum price for transfers of industrial land
  • Hogan Lovells
  • China
  • March 27 2007

As part of a drive to further strengthen the control and administration of industrial land and promote intensive utilization of land, the Ministry of Land and Resources (MLR) issued the Circular on Distributing and Implementing the Standards for Minimum Price for Transfers of Industrial Land 2006307 ?, the “Circular 307”) on December 23, 2006, which came into force on January 1, 2007


Chinese government launches favorable policies to promote trading in the real estate
  • Hogan Lovells
  • China
  • March 4 2009

On December 20, 2008, the General Office of the State Council issued the Several Opinions on Promoting the Sound Development of the Real Estate Market, which took effect on the same day