The PRC definition

The PRC means, for the purpose of this Agreement, the People’s Republic of China, excluding Hong Kong, Taiwan and Macao.
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The PRC shall each mean the People’s Republic of China.
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The PRC means the People’s Republic of China which, for the purpose of this Agreement, shall exclude Hong Kong, the Macao Special Administration Region of the PRC and Taiwan;
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Examples of The PRC in a sentence

  • To assist the PRC with understanding your proposed project, please provide a combination of up to six concepts, drawings, sketches, diagrams, or plan/section documents which best depict your project.

  • Pursuant to the PRC Corporate Income Tax Law, a 10% withholding tax is levied on dividends declared to foreign investors from the foreign investment enterprises established in Mainland China.

  • On 6 December 2007, the State Council of the PRC issued Implementation Regulations of the New Law.

  • You must be outside the United States, not be a United States Person (as defined in Regulation S under the U.S. Securities Act) and not be a legal or natural person of the PRC.

  • Under the Law of the PRC on Enterprise Income Tax (the “EIT Law”) and Implementation Regulation of the EIT Law, the tax rate of the PRC subsidiaries is 25% from 1 January 2008 onwards.

  • Under the Law of the People’s Republic of China on Enterprise Income Tax (the “EIT Law”) and Implementation Regulation of the EIT Law, the tax rate of the PRC subsidiaries is 25% from 1 January 2008 onwards.

  • If a foreign investor incorporated in Hong Kong meets the conditions and requirements under the double taxation treaty arrangement entered into between the PRC and Hong Kong, the relevant withholding tax rate will be reduced from 10% to 5%.

  • Under the Law of the PRC on Enterprise Income Tax (the “EIT Law”) and Implementation Regulation of the EIT Law, the tax rate of the PRC subsidiaries is 25% for both years.

  • Under the Law of the PRC on Enterprise Income Tax (the “EIT Law”) and Implementation Regulation of the EIT Law, the tax rate of the PRC subsidiaries is 25%.

  • A lower withholding tax rate may be applied if there is a tax treaty between the PRC and the jurisdiction of the foreign investors.


More Definitions of The PRC

The PRC or “China” refers to the People’s Republic of China, and insofar as this Contract is concerned, shall exclude Hong Kong, Taiwan and Macao. “Claims” means claims, actions, demands, proceedings judgments liabilities, damages amounts, costs and expenses (including attorney fees and disbursements) whatsoever and howsoever arising. “Signing Date” means the date on which this Share Transfer Contract is signed. “Approval Date” means the date on which this Contract and the New Articles of Association are approved by the Examination and Approval Authority. “Encumbrance” means any mortgage, assignment, lien, charge, pledge, title retention, right to acquire, security interest, option, pre-emptive right, and any other restriction or conditions whatsoever including:
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The PRC the People’s Republic of China and for the purposes of this document only, except where the context requires otherwise, references to China or the PRC exclude Hong Kong, Macau and Taiwan
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The PRC means the People’s Republic of China excluding Hong Kong, Macau and Taiwan.
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The PRC the People’s Republic of China
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The PRC means, for the purpose of this Agreement, the People’s Republic of China, excluding Hong Kong, Taiwan and Macao. 1.3 “Date” means the year, month and day. In this Agreement, “within” or “no later than”, when used before a year, month or day, shall always include the relevant year, month or day. ARTICLE 2
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The PRC laws: meaning any law, act, regulation and regulatory documents publicly announced by the PRC governments (including the central and local governments), and the amendments, additions, and interpretations made at any time with respect to these laws.
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Related to The PRC

  • PRC means the People’s Republic of China.

  • Mainland China means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • Macau means the Macau Special Administrative Region of the PRC.

  • People s Bank of China” means People’s Bank of China acting as the central bank of the People’s Republic of China pursuant to the Law of the People’s Republic of China on the People’s Bank of China promulgated by the National People’s Congress on 18 March 1995.

  • Korea means the Republic of Korea.

  • HKMA means the Hong Kong Monetary Authority;

  • Hong Kong means the Hong Kong Special Administrative Region of the People’s Republic of China.

  • PRC Laws means any and all laws, regulations, statutes, rules, decrees, notices, and supreme court’s judicial interpretations currently in force and publicly available in the PRC as of the date hereof.

  • Boycott Israel means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes; and

  • Chile means the Republic of Chile.

  • WFOE has the meaning set forth in the Preamble.

  • India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

  • local municipality means a municipality that shares municipal executive and legislative authority in its area with a district municipality within whose area it falls, and which is described in section 155(1) of the Constitution as a category B municipality;

  • Hong Kong” the Hong Kong Special Administrative Region of the PRC;

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Tax Legislation means any statute, statutory instrument, enactment, law, by-law, directive, decree, ordinance, regulation or legislative provision or generally applicable ruling (such as a revenue ruling issued by the U.S. Internal Revenue Service) enacted, issued or adopted providing for, imposing or relating to Tax; and

  • Indigenous Peoples means social groups with a distinct social and cultural identity that makes them vulnerable to being disadvantaged in the development process, including the presence in varying degrees of the following characteristics: (i) a close attachment to ancestral territories and to the natural resources in these areas; (ii) self-identification and identification by others as members of a distinct cultural group; (iii) an indigenous language, often different from Pilipino, the Recipient’s national language; (iv) presence of customary social and political institutions; and (v) primarily subsistence-oriented production.

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • Governing authority means the local legislative authority

  • foreign regulatory authority means a securities commission, exchange or other securities market regulatory authority in a designated foreign jurisdiction;

  • the United Kingdom means Great Britain and Northern Ireland;

  • Laws and Regulations means federal, state, local and foreign statutes, laws, ordinances, regulations, rules, codes, orders, constitutions, treaties, principles of common law, judgments, decrees or other requirements;

  • Spain means the Kingdom of Spain.

  • Sanctioning Authority means [The FA][the [ ] County Football Association Limited].

  • PRC Law means the then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the People’s Republic of China.