PRC Projects Or Companies In Which Foreign Investors Contribute Or Hold Less Than 25% Of The Equity Given Official Recognition By MOFTEC

Mondaq Business BriefingHong Kong Law Articles in English (2003)

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PRC Projects Or Companies In Which Foreign Investors Contribute Or Hold Less Than 25% Of The Equity Given Official Recognition By MOFTEC

Summary

A Circular issued by the Ministry Of Foreign Trade And Economic Co-operation ("MOFTEC"), the State Administration of Taxation, the State Administration for Industry and Commerce ("SAIC") and the State Administration of Foreign Exchange ("SAFE") jointly on 30 December 2002 (the "Circular"), requires all PRC companies, in which foreign investors hold or have contri...

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