State Administration for Industry and Commerce, The Question of Whether Branch Organizations of Foreign Investment Enterprises Can be Punished for Carrying Out Business Without Completing the Procedures for Extension After Their Terms of Operation Have Expired Reply

Issued: January 18 2002

Main contents: The Reply stipulates that where branch companies of foreign investment enterprises do not complete the procedures for change or cancellation of their registration when their properly approved terms of operation have expired, such a case should be handled in accordance with Article 63 of the Administration of Company Registration Regulations.
Related legislation: PRC, Administration of Company Registration Regulations, Jun 24 1994, CLP 1994 No.6 p4