MOFCOM pushes FIVCIEs into record management

| BY

clpstaff &clp articles

A MOFCOM Notice forces FIVCIEs to record their investments with relevant ministries, but market participants don't think the move will deter foreign investors

The Ministry of Finance and Commerce (MOFCOM) issued its Notice on Improving Foreign-Invested Venture Capital Record Management (关于完善外商投资创业投资企业备案管理的通知) on May 7.

The Notice, which came into force on the same day, laid out rules to strengthen supervision and regulation of FIVCIEs.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]