State Administration for Industry and Commerce, Questions Relevant to Transfer of Equity Reply

Issued: November 10 2000
Applicability: Transfers of the equity of foreign-funded limited liability companies are governed by the special regulations for such companies.

Main contents: According to the Reply the transfer of equity of both limited liability companies and companies limited by shares does not require a new capital injection into the company.
Related legislation: PRC, Company Law (Revised), Dec 25 1999, CLP 2000 No.1 p4 and PRC, Administration of Company Registration Regulations, Jun 24 1994, CLP 1994 No.6 p4