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China Releases Interpretations on Foreign-Related Civil Relations
Jan. 15 – The Supreme People’s Court of China released the “Interpretations on Several Issues Concerning the ‘Law of the People’s Republic of China on the Application of Laws to Foreign-Related Civil Relations’ (I) (fashi [2012] No. 24)” on December 28, 2012, which came into effect on January 7, 2013. Detailed information can be found below.
Dezan Shira & Associates Relocates Senior Personnel to South China
From November 2012, Fabian Knopf has been based in the Shenzhen office of Dezan Shira & Associates. He will be operating primarily from the firm’s offices in Shenzhen, Guangzhou, Hong Kong and Zhongshan. Fabian joined Dezan Shira & Associates’ Beijing office in 2010, moving to the firm’s Shanghai office in the latter part of that […]
Notification of New Address for Dezan Shira & Associates’ Shenzhen Office
To accommodate the growing size of our practice, we are pleased to announce the relocation of Dezan Shira & Associates’ Shenzhen office to larger premises at: Room 2503-2504, 25F, Modern International Building, 3038 Jintian Road, Futian District CBD, Shenzhen, PRC 深圳市福田区金田路3038号现代国际大厦2503-2504 If you have any inquiries or questions regarding our change of address, please contact […]
Shenzhen Adopts New Population and Family Planning Regulation
The Standing Committee of the Fifth People’s Congress of Shenzhen Municipality passed the “Shenzhen Special Economic Zone Population and Family Planning Regulations (hereinafter referred to as ‘Regulation’)” on October 30, 2012, which came into effect on January 1, 2013. The Regulation is the first local law in China that clarifies the issue of violating the State one-child policy by giving birth outside of Mainland China.
China Clarifies Status of VAT Amounts Carried Over During Asset Reorganization
China’s State Administration of Taxation released the “Announcement on the Treatment of Remaining Value-Added Tax (VAT) Amounts Carried Over During Asset Reorganization by Taxpayers (Announcement [2012] No. 55, hereinafter referred to as ‘Announcement’)” on December 13, 2012, which addresses issues concerning the treatment of remaining VAT amounts carried over during the asset reorganization process. Key information can be found below.
China to Strengthen Support of MSEs
China’s State Council released the “Opinions on Further Supporting the Sound Development of Micro and Small-Sized Enterprises (MSEs) (guofa [2012] No.14)” on April 19, which puts forward 29 supporting measures in 8 areas for the development of MSEs in the country. Detailed information can be found below.
China Releases Circular to Revise and Repeal Certain Administrative Regulations
China’s State Council released the “Decision on Revising and Repealing Certain Administrative Regulations (Order No.628 of the State Council, hereinafter referred to as the ‘Decision’)” on November 9, which revises certain provisions within five administrative regulations and repeals five administrative regulations. Key information taken from the Decision can be found below.
Hague Conference Establishes Asia-Pacific Regional Office in Hong Kong
The Hague Conference on International Private Law (HCCH), the world’s leading intergovernmental organization in the field of private international law, established its first Asia-Pacific regional office in Hong Kong today.
China Releases Circular on Taxable Services Scope of VAT Reform
China’s Ministry of Finance and the State Administration of Taxation released “The Supplementary Circular on the Scope of Taxable Services and Several Other Tax Policies in the Pilot Collection of Value Added Tax (VAT) in Lieu of Business Tax in the Transportation Industry and Certain Modern Services Industries (caishui [2012] No. 86, hereinafter referred to as the ‘Circular’) on December 4, which clarifies a collection of relevant tax policies regarding the VAT reform in its target industries. Detailed information can be found below.
China Releases Announcement on Export Quotas of Rare Earth
China’s Ministry of Commerce (MOC) released the “Announcement on the Application Conditions and Procedures for Export Quotas of Rare Earth in 2013 (Announcement [2012] No.86)” on November 27, clarifying the application conditions and procedures of export quotas for rare earth production enterprises and circulation enterprises. Detailed information can be found below.