Shanghai Municipality, Implementing Measures for the Launch of a Pilot Foreign-invested Equity Investment Enterprise Project in the Municipality
上海市关于本市开展外商投资股权投资企业试点工作的实施办法
January 24, 2011 | BY
clpstaff &clp articlesShanghai opens the market for private equity investments.
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Issued: December 24 2010
Effective: 30 days from the date of issuance
Main contents: A foreign-invested equity investment management enterprise that has received approval to participate in the pilot project may use foreign exchange funds to make capital contributions to the equity investment enterprises that it promotes and establishes. The amount thereof shall not exceed 5% of the total funds raised and such capital contribution shall not affect the original attributes of the equity investment enterprises invested in (Article 24).
Related legislation: PRC Company Law, Oct 27 2005, CLP 2005 No.10 p.21;PRC Partnership Law (Revised), Aug 27 2006;