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Results: 1-10 of 41

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


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”


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


China updates the rules for land registration in order to keep pace with the Property Law
  • Hogan Lovells
  • China
  • March 31 2008

The Measures for Land Registration (the Measures) went into effect in China on February 1, 2008, signifying a step by the Ministry of Land and Resources (the MLR) to implement the relevant provisions in the Property Law, which went into effect on October 1, 2007


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


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


Further actions to regulate investment in China’s real estate sector
  • Hogan Lovells
  • China
  • July 18 2007

Recently, several actions have been taken by various central governmental agencies, including the Ministry of Commerce (MOFCOM), the State Administration of Foreign Exchange (SAFE) and the State Administration of Taxation (SAT), to ensure control over the investment or use of foreign capital in China’s real estate sector


Government-affiliated agencies control preliminary development of land under new land reserve measures
  • Hogan Lovells
  • China
  • March 26 2008

The Chinese central government issued a set of measures on the administration of land reserves in late 2007, which represent the Chinese government’s regulatory effort to establish a unified, government-backed, national land reserve system to reduce real estate developers’ capacities to engage in land speculation