Company News
CIRC to Ease Limits on Insurers
The China Insurance Regulatory Commission will ease limits and relax some rules on investments made by insurance companies in stocks and bonds.
Senior Associate Richard Hoffmann Explains China’s New Foreign Investment Regulations on CCTV – PART 2
Richard Hoffmann of Dezan Shira & Associates Beijing Office Appeared on CCTV
Senior Associate Richard Hoffmann Explains China’s New Foreign Investment Regulations on CCTV
Richard Hoffmann of Dezan Shira & Associates Beijing Office Appeared on CCTV’s Biz China to Explain China’s New Foreign Investment Regulations.
Alberto Vettoretti Reelected as Chairman of the European Union Chamber of Commerce in China Pearl River Delta Board
Alberto Vettoretti, Managing Partner of Dezan Shira & Associates in China was recently reelected as the chairman of the Pearl River Delta board of directors for the European Union Chamber of Commerce in China.
Notice on 2010 Corporate Income Tax Payment Change for Small Profit Enterprises
The State Administration of Taxation issued a circular today regarding 2010 corporate income tax payments for small profit enterprises.
SAIC to Further Encourage Foreign Investment in China
The State Administration of Industry and Commerce issued a notice today to further encourage foreign investment in China and to improve the overall investment environment for foreign-invested enterprises.
Withholding Tax Payments for Foreign Contractors in Vietnam
Foreign contractors are subject to withholding tax on payments for work done in the country based on contracts signed between them and Vietnamese partners.
Retail FDI May Be Allowed in India with Back-End Investment
Authorities are said to be considering foreign direct investment in multi-brand retail if foreign retailers invest heavily on back-end infrastructure like warehousing and cold storage.
SAT Standardizes CIT Preferential Policies During Transition Period
The State Administration of Taxation recently released a circular that further clarifies specific issues concerning resident enterprises selecting the application of tax rates and halved tax collections during the transition period for enterprises moving from preferential tax rates to the standard CIT rate which came into effect Jan. 1, 2010.
New Liquidation Procedures for Troubled Firms in India to be Released
The Indian government has announced plans to formulate an exit scheme that will make it easier for troubled companies to go through the liquidation process.