Promulgated: August 23 2005Effective: December 1 2005Main contents: The Regulations comprise:Part One: General ProvisionsPart Two: Establishment and Change…
By Alan WangWebsite: www.freshfields.comIn China's relatively brief corporate history, corporate fraud has been a recurring feature. The recent high-profile…
These Regulations aim to strengthen oversight over direct selling activities. Persons below 18 years of age or with limited/no civil capacity, or full time students may not be recruited as direct salesperson.
Fulfilling an important WTO commitment, China has ended a seven-year ban on direct selling with the release of new regulations allowing the sale of consumer products away from fixed retail locations. New anti-pyramid regulations also indicate that the government is getting tough on pyramid selling schemes in the country.
Promulgated: June 9 2005Effective: September 1 2005Main contents: The Measures detail the criteria and procedures for advance recovery of the investment…
Promulgated: July 8 2005Main contents: According to the Policy, mergers and restructurings shall be implemented in order to expand the scale of pillar…
Issued: August 2 2005Effective: as of date of issueApplicability: In the case of a conflict between previous provisions and this Circular, this Circular…
Regulatory advances in the country are making it possible for foreign investors to structure their investments in increasingly sophisticated ways, thereby helping minimize risks.
These Measures specify the scope of applicability, the requirements/application/procedures for advance recovery of the investments of foreign partners in Sino-foreign joint ventures.