Laws and Regulations Update in March 2016

1 The Ministry of Land and Resources Issues the Detailed Implementation of the Interim Regulations on Real Estate Registration

On 1st January 2016, the Ministry of Land and Resources issued and made effective the Detailed Implementation of the Interim Regulations on Real Estate Registration.

(For more details, please consult with your lawyer.)

Sourced from the official website of the Ministry of Land Resources of the P.R.C.:

http://www.mlr.gov.cn/zwgk/flfg/tdglflfg/201601/t20160115_1395046.htm

2 The State Administration of Taxation to Simplify and Combine the Procedures Relating to the Filing of Tax Returns and the Payment of Taxes

On 1st February 2016, the State Administration of Taxation made the Announcement on Simplifying and Combining the Procedures Relating to the Filing of Tax Returns and the Payment of Taxes, to be effective since 1st April 2016.

(For more details, please consult with your lawyer.)

Sourced from the official website of the State Administration of Taxation of the P.R.C.:

http://www.chinatax.gov.cn/n810341/n810755/c2013974/content.html

3 The State Administration of Foreign Exchange Issues the Latest Version of the List of Currently Effective Major Laws and Regulations on Foreign Exchange Administration         

On 27th January 2016, the State Administration of Foreign Exchange issued the Latest Version of the List of Currently Effective Major Laws and Regulations on Foreign Exchange Administration Updated as of 31st December 2015.

(For more details, please consult with your lawyer.)

Sourced from the download page of the official website of the State Administration of Foreign Exchange of the P.R.C.:

http://www.safe.gov.cn/resources/wcmpages//wps/wcm/connect/safe_web_store/safe_web/zcfg/note_zcfg_sxfg/note_zcfg_sxfg_sxfgnrcf/482903804b4e5c6395f2f7d78424d93a/

4 Shanghai Amends the Regulations on Population and Family Planning, Policies on Marriage leave, Maternity and Other Leaves changed

On 23rd February 2016, the People’s Congress of Shanghai Municipality passed the decision on promulgating the New Regulations of Shanghai on Population and Family Planning (“New Regulations”), which will take effect on 1st March 2016.

The New Regulations set out the “two-child” policy in Shanghai and updated provisions on marriage, maternity and paternity leaves. According to the New Regulations, each Chinese citizen who has legally become a husband (at the age of 22 or above) or a wife (at the age of 20 or above) can take a three (3) days’ statutory marriage leave and an additional seven (7) days’ marriage leave, each female citizen who has been pregnant and given birth to a baby in accordance with the provisions of laws and regulations can take a ninety-eight (98) days’ statutory maternity leave and an additional thirty (30) days’ maternity leave, and their husbands can take a ten (10) days’ paternity leave. Now that, people with minimum aged requirement for marriage and having babies in accordance with the childbirth conditions are entitled to the same marriage and maternity leave as the late marriage and late maternity leave before, with the same total number of days. The paternity leave (formerly called the nursing leave) has been prolonged from three (3) days to ten (10) days.

(For more details, please consult with your lawyer.)

Sourced from the official website of the People’s Congress of Shanghai Municipality of the P.R.C.: http://www.spcsc.sh.cn/n1939/n1944/n1945/n2436/u1ai122847.html

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You Yunting86-21-52134918  youyunting@debund.com/yytbest@gmail.com

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