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Government to Expand Tax Cutting Program to Three More Regions

Government to Expand Tax cutting Program to Three More Regions

The State Administration of Taxation announced that the government has decided to expand its trial of replacing business tax with the value added tax to three more provincial regions. The change in the value added tax to a tax on revenue was applied to transportation and services business based on a statement made on the [...]

Dec 3 2012, 11:37 am | Posted in Taxation | Read More »

Administrative Approval Items to Undergo Adjustment

Administrative Approval Items to Undergo Adjustment

A new round of adjustments are being planned by the city government to more than 90 administrative approval items which involves 22 government departments focusing on transportation, public security, education, market supervision and human resources. Several approval requirements will be abolished, the move will come a few weeks after the Guangdong Province was chosen to [...]

Nov 29 2012, 9:34 am | Posted in Civil | Read More »

Commission to Fine Tune One Child Policy

Commission to Fine Tune One Child Policy

According to a former minister for the National Population and Family Planning Commission, the government is now fine tuning the one child policy. The commission along with population research institutes gave assessment reports and plans that concerns policy changes to the government. One of the key areas of change will be on the criteria for [...]

Nov 29 2012, 8:33 am | Posted in Civil | Read More »

New Measures Planned to Support Couples Losing Only Child

New Measures Planned to Support Couples Losing Only Child

New measure will be implemented in Futian that will help support elderly couples or young couples who lost their only child. Couples that have been living in Futian for more than five years or are permanent residents and 60 years old or older can receive a pension of 1,200 yuan a year from the government. [...]

Nov 28 2012, 9:29 am | Posted in Civil | Read More »

Proposed Regulation Allows More Foreigners to Apply for Green Cards

Proposed Regulation Allows More Foreigners to Apply for Green Cards

Under a newly proposed regulation foreigners living in China for more than 10 years are now eligible for a green card. The drafted regulation and other related amendments have eased the requirements for permanent residency by the Ministry of Public Security. An immigration law expert said that the Ministry of Public Security has proposed the [...]

Nov 20 2012, 9:39 am | Posted in Visas | Read More »

Shenzhen Clarifies Transitional Financial Support Policies for VAT Reform

Shenzhen Clarifies Transitional Financial Support Policies for VAT Reform

The Shenzhen Municipal Financial Committee, Shenzhen Municipal Office of the SAT, and the Shenzhen Local Taxation Bureau jointly released the “Circular on the Transitional Financial Support Policies for Business Tax  to Value-Added Tax (VAT) Pilot Conversion in Shenzhen Municipality (shencaifa [2012] No.41, hereinafter referred to as ‘Circular’)” on October 30, clarifying financial support issues regarding [...]

Nov 16 2012, 7:33 am | Posted in Taxation | Read More »

China to Lower Standards in Prosecution to Fight Piracy

China to Lower Standards in Prosecution to Fight Piracy

By lowering the threshold for prosecuting people involved in selling audio and video products, china have stepped up its fight against intellectual piracy. Vendors or shops that are caught selling a number of pirated products can be sentenced to jail under the new proposed revisions in the Copyright Law. The recent interpretation of the law [...]

Nov 15 2012, 10:26 am | Posted in Civil | Read More »

Hotline Created to Assist Locals in Gathering Information

Hotline Created to Assist Locals in Gathering Information

A new hotline was created for the convenience of residents if they needed information on government affairs and services including marriage registrations to elderly emergency care. The hotline “12349” was first used in Yantian District in March in which residents can call to find any information on a variety of government services. Residents can also [...]

Nov 13 2012, 9:32 am | Posted in Civil | Read More »

Draft Released to Create Measures on Public Information

Draft Released to Create Measures on Public Information

Officials are strengthening procedures for public notification done during emergencies and have created a draft requiring the release of a brief information to the public within two hours of the incident. Also basic information on the incident and necessary measures must be announced within 24 hours. The draft is the initial step that the city [...]

Nov 13 2012, 8:32 am | Posted in Civil | Read More »

Subsidies to be Offered to Balance Out Implemented Tax Reform

tax

Shenzhen have started to offer financial subsidies to enterprises with tax burdens that have increased since the implementation of the tax reform last November 1st. the reform took the place of the city’s business tax with VAT for transportation industries and several service industries in effort to lessen their tax burdens. But some companies especially [...]

Nov 9 2012, 9:31 am | Posted in Taxation | Read More »

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