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Using India's Free Trade & Double Tax Agreements
- February 2015
- Members Access
In this issue of India Briefing magazine, we take a look at the bilateral and multilateral trade agreements that India currently has in place and highlight the deals that are still in negotiation. We analyze the countryâs double tax agreements, ...
Q&A
What requirements must be met to obtain a Production License in China?
- February 2015
- Free Access
To obtain a Production License, an enterprise must: • Possess a business license, as well as technical personnel and production conditions suited to the product in question; • Have in place an effective system of inspection, qualit...
Q&A
What does China Energy Label (CEL) entail?
- February 2015
- Free Access
In recent years, energy efficiency has become a greater focus of Chinese product regulations. The CEL is a system of compulsory certification for specified electronic devides, and is equivalent to the EU Energy Label. Introduced in 2005, CEL places p...
Q&A
What is the difference between "show business" and the "entertainment industry?"...
- February 2015
- Free Access
There are a few critical structural differences between the West’s culture of “show business” and China’s administrative definition of the “entertainment industry” (娱乐业). Show business encompasses a plethora ...
Q&A
Why is business scope important when entering China?s entertainment industry?
- February 2015
- Free Access
A company’s business scope is a one-sentence description of the industry or industries it is authorized to operate in. It defines a company’s operations in China and is important because there is a large legal risk of disingenuously opera...
Q&A
How do foreign film quotas operate in China?
- February 2015
- Free Access
There are two foreign film quotas in China—a revenue-sharing quota and a flat-fee quota. Although the revenue-sharing quota has grown over the past twenty years, it is still lower than that of many other countries. Currently the revenue-sharing...
Q&A
Does China have a rating system for censoring its movies?
- February 2015
- Free Access
China does not have a rating system for motion pictures therefore movies must be deemed appropriate for all audiences. Under official regulations, censorship of motion pictures is meant to promote Confucian morality, political stability and social ha...
Q&A
What is the outline of China?s retail sector right now?
- February 2015
- Free Access
Currently, China’s retail sector is fragmented. Small independent stores dominate the retail landscape, with the top 100 retailers accounting for only 11 percent of total retail sales. For a long time, companies only set up stores in the downto...
Q&A
What are the requirements for setting up a foreign-invested commercial enterpris...
- February 2015
- Free Access
To set up a retail store in China, foreign investors must first (or concurrently) register a foreign-invested commercial enterprise. According to the 2004 FICE regulations, setting up a FICE requires applicants to meet the following criteria: Have...
Q&A
What is the minimum amount of capital needed to establish a foreign-invested com...
- February 2015
- Free Access
While in theory the new Company Law suggest that a FICE may be established with US$1 of capita, in practice, this is not a good idea for the following reason: a FICE’s capital should cover its pre-operational expenses (including rental fees, ta...
Q&A
How long is the application process to establish a foreign-invested commercial e...
- February 2015
- Free Access
Depending on the region of registration, planned business scope, and complexity of the business plan, the application process to establish a FICE generally takes five to six months and can be divided into two parts: pre-registration, i.e., what happe...
Q&A
How can a company in China concurrently establish a foreign-invested commercial ...
- February 2015
- Free Access
Where the foreign investor wishes to apply for the opening of a shop concurrently with the establishment of the FICE, the proposed shop must conform to the urban and commercial development plans of the city where it is situated, for which a document ...
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