SAFE Circular 75: Lightening of the Regulatory Burden on Venture Capital Investments in China

Mondaq Business BriefingHong Kong Law Articles in English (2006)

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SAFE Circular 75: Lightening of the Regulatory Burden on Venture Capital Investments in China

Introduction

On 21 October 2005, SAFE issued a new circular on "Relevant Issues Concerning Foreign Exchange Control on Domestic Residents' Corporate Financing and Roundtrip Investment Through Offshore Special Purpose Vehicles" ("Circular 75"), effective 1 November 2005.  At the same time SAFE Circulars 11 and 29 which were the subject o...

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