Registered capital refers to the capital to be paid by the shareholders or promoters of a company. The minimum amount of registered capital mandated to be registered was eliminated in 2014, except where required by law, rules and regulations. The Circular of the State Council on Issuing the Reform Proposals for the Registered Capital Registration…
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An annual tax reduction of 200 billion yuan is expected for small-profit businesses as part of the latest tax relief policies set forth for small and micro business. The tax relief was announced during the 12 January State Council meeting chaired by Premier Li Keqiang. Following suit, the Notice on Implementing the Policy of Inclusive…
Read moreThe Standing Committee of the National People’s Congress released the second Foreign Investment Law of the People’s Republic of China Draft for Public Comment (The Draft Law) on 26 December 2018. The Draft Law remains open for comment from 26 December till 24 February, and could be submitted to the annual National People’ s Congress…
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