If two countries enter into Double Taxation Agreement, investors of both countries enjoy special treatment in respect of dividends, interest, and royalties. The State Tax Administration issued the Notice which addresses on identification and determination of a “Beneficial Owner” under the Double Tax Agreement. Qualification of a “beneficial owner” under the Notice The Notice defines …
Sam Engutsamy, January 20 2010. Having been operational for over 2000 years, China’s monopoly on the sale and production of salt appears to be drawing to an end. The National Development and Reform Commission (“NDRC”) are looking to submit proposals to the State Council to bring a conclusion to the two thousand year old monopolistic …
A. State Council’s “Notice on the Promotion of Stable and Sound Development of the Real Estate Market” Recently released by the State Council, the Notice on the Promotion of Stable and Sound Development of the Real Estate Market (“the Notice”) outlines that down payment mortgage ratios shall not be less than forty percent where a …
On August 19, 2009, Administrative Measures on the Establishment of Partnership Enterprises by Foreign Enterprises or Individuals ( 外国企业和个人在中国境内设立合伙企业管理办法, “FIP Measures” ) was issued by the State Council, which will be effective on March 1, 2010. The key issues concerning the Measures According to the FIP Measures foreign individuals or enterprises are allowed to establish …
Actions have been implemented to bring criminal proceedings against Shanghai Panda Diary Co (“Panda”) after milk products were found to contain high levels of the chemical melamine. This recent discovery follows on from the 2008 incident where milk and infant formulas also containing melamine, affected over 300,000, led to the death of six infants, and …
China faces renewed concerns after contaminated milk product are found Read More »
By Tsolmon Shar 07 Januray 2009 On 16 July 2009, The Parliament of Mongolia (The State Great Khural) adopted the Law on Prohibiting Mineral Explorations in Forest Reserves and River Basins. According to the new Law, it is strictly prohibited to explore and mine the minerals in the area of forest reserves and river basins. …
The first two requirements are some what straightforward. One example of offer and acceptance could be where Party A agrees to fix Party B’s car for X dollars if Party B then agrees to this a legally binding contract has been formed. Consideration can be an exchange of anything of value between the two parties. …
Georgetown and George Washington, two universities based in Washington D.C, USA, will join hands to celebrate Jerome A. Cohen’s upcoming 80th birthday. The conference titled “Six Decades of Asian Law: A Celebration of Professor Jerome Cohen” is scheduled to take place on February 19th 2010, between 14.00 – 18.00, and to held at George Washington’s …
On Tuesday, January 26 AmCham-China and METAN Development Group will be hosting an open discussion on the rise of branded entertainment in China. The event will be held from 4:00 to 7:00 PM at the Kerry Centre Hotel. The event will cover an array of topics focusing on how the worlds of content and advertising …
In a track and field discipline requiring speed, explosive power, exquisite timing, and delicate body control, only a few possess the physical gifts necessary to meet its demands. Elite high jumpers, faced with the challenge to leap over a bar several inches above their head, are rare performers indeed. Between 1976 and 1978, Edward E. …
