Taxation and Insurance. 14.1 The JV Company shall pay all taxes and duties required under the national and local laws and regulations of the PRC. The JV Company’s PRC and expatriate personnel shall pay individual income tax in accordance with the Individual Income Tax Law of the People’s Republic of China.
14.2 The JV Company will submit an application for confirmation of the JV Company as a “Technologically Advanced Enterprise” pursuant to relevant regulations and, upon receipt of such confirmation, shall register with the local tax authorities for the preferential tax treatment granted to Technologically Advanced Enterprises. The JV Company will apply for other preferential tax treatment which may be available to the JV Company from time to time under the applicable PRC laws and regulations.
14.3 The JV Company, at its own expense, shall take out and maintain at all times during the Contract Term adequate insurance for the JV Company against loss or damage by fire, natural disasters, and such other risks as are customarily insured against in the industry during the construction of a manufacturing plant and operation of a manufacturing company. The JV Company shall also obtain and pay for all types of insurance required by laws and regulations of the PRC.
14.3.1 The property, transport and other types of insurance of the JV Company will be denominated in RMB, as appropriate.
14.3.2 The JV Company shall take out the appropriate amount of product liability and personal injury insurance in order to indemnify and protect the JV Company from Third Party product liability and personal injury claims.
14.4 The JV Company shall take out the required insurance from an insurance company or organization that is authorized by the relevant PRC authorities.
Taxation and Insurance. 18.1 Tax
18.1.1 The Joint Venture shall pay tax in accordance with PRC Law.
18.1.2 The Joint Venture shall apply for, and be entitled to, all preferential treatments in accordance with PRC law. The tax liability of the Joint Venture, the Parties and their employees, as appropriate, shall be handled in accordance with PRC law.
Taxation and Insurance. 18 CHAPTER 14 PURCHASE OF MATERIALS AND SALE OF PRODUCTS.................. 18 CHAPTER 15
Taxation and Insurance. 23.1 Income tax, customs duties and other taxes
(a) The Company shall timely pay taxes and customs duty under the relevant national and local laws and regulations of the PRC, subject to any further tax holidays, tax reductions, waivers, exemptions, or exclusions granted to the Company from time to time by any Governmental Authorities, and applicable treaties for the avoidance of double taxation in effect between the PRC and other countries. The Company shall provide copies of all tax filings to the Parties immediately after filing.
(b) The Company’s Chinese and expatriate staff shall pay individual income tax and other Taxes in accordance with the Individual Income Tax Law of the PRC and relevant treaties for the avoidance of double taxation in effect between the PRC and other countries.
(c) In any case the Company shall apply for all available tax and customs exemptions, holidays and reductions.
(d) In any case the Company is required to withhold taxes from the payments to either Party or the Affiliates of either Party, the following shall apply:
(i) The Company shall exercise its best effort to attain that the payment to both Parties or their respective Affiliates will be taxed at the lowest taxation rate available (in particular under double taxation treaties) at the time of payment.
(ii) The Company shall provide both Parties or their Affiliates with an original copy of the tax assessment and the tax receipt without undue delay, and no later than […***…]. These documents shall specify both Parties or their Affiliates as the taxpayer, the amount of tax paid, the tax rate or the amount of fee on which such rate is based, the tax law and the legal regulation on which such tax payment is based, and the date of payment of the tax.
(iii) If the documents of the tax authority are issued in a language other than English, the Company shall have the documents translated into English at its own expense at the request of Kite.
Taxation and Insurance. The Joint Venture Company shall pay all taxes and duties required under the national and local laws and regulations of China. The Joint Venture Company's Chinese and expatriate personnel shall pay individual income tax in accordance with the Individual Income Tax Law of the People's Republic of China.
Taxation and Insurance. 10.1 The Company shall pay all taxes and duties required under the national and local laws and regulations of China.
10.2 All the employees of the Company shall pay individual income tax in accordance with the Individual Income Tax Law of the PRC and the Detailed Rules for the Implementation of the Individual Income Tax Law of the PRC.
10.3 The Company shall use all reasonable endeavors to apply for favorable tax treatment or tax exemptions which may be available to the Company. After the execution of these Articles of Association, the Company shall immediately apply to the competent tax authority for confirmation of the tax treatment of the Company.
10.4 Insurance policies of the Company on various kinds of risks shall be underwritten with the China-based insurance companies. Types, value and duration of insurance shall be decided by Board of Directors in accordance with the stipulations of these insurance companies.
Taxation and Insurance. 11.1 The JV Company shall pay all taxes and duties required under the national and local laws and regulations of the PRC. The JV Company’s PRC and expatriate personnel shall pay individual income tax in accordance with the Individual Income Tax Law of the
Taxation and Insurance. 16.1 The CJV shall pay all taxes and duties required under the national and local laws and regulations of China. The CJV's Chinese and expatriate personnel shall pay individual income tax in accordance with the Individual Income Tax Law of the People's Republic of China or other relevant laws and regulations.
16.2 The CJV will submit an application for confirmation of the CJV as a Technologically Advanced Enterprise pursuant to relevant regulations and, upon receipt of such confirmation, shall register with the local tax authorities for the preferential tax treatment granted to Technologically Advanced Enterprises.
16.3 Throughout the Contract Term, the CJV shall maintain insurance coverage of the types and in the amounts determined by the General Manager and approved by the Board of Directors. The CJV may obtain insurance from insurance companies or organizations inside and outside China, subject to compliance with the laws and regulations of China.
Taxation and Insurance. 16.1 The Cooperative Company shall pay all taxes and duties required under the national and local laws and regulations of China. The Cooperative Company's Chinese and expatriate personnel shall pay individual income tax in accordance with the Individual Income Tax Law of the People's Republic of China or other relevant laws and regulations.
16.2 The Cooperative Company will subinit an application for confirmation of the Cooperative Company as a Technologically Advanced Enterprise pursuant to relevant regulations and, upon receipt of such confirmation, shall register with the local tax authorities for the preferential tax treatment granted to Technologically Advanced Enterprises.
16.3 Throughout the Contract Term, the Cooperative Company shall maintain insurance coverage of the types and in the amounts determined by the General Manager and
Taxation and Insurance. 18 CHAPTER 14 PURCHASE OF MATERIALS AND SALE OF PRODUCTS............................................. 18 CHAPTER 15 CONFIDENTIALITY AND NON-COMPETE........................................................ 19 CHAPTER 17
