SAFE Circular 75: Lightening of the Regulatory Burden on Venture Capital Investments in China
Derecho Internacional Mondaq - Hong Kong Law Articles in English (2008)
Angela Wang & Co.,
Derecho Internacional Mondaq - Hong Kong Law Articles in English (2008)
Angela Wang & Co.,
Extract
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...See the full content of this document