The new Procedures represent China's WTO commitments to remove restrictions in wholesale and retail industry against wholly-owned foreign enterprises, introduce more permissible retail and wholesale activities, and simplifies approval process.
New regulations from the State Administration of Industry and Commerce and the Ministry of Commerce have opened the advertising market in China to greater foreign participation.
By Yuan Jianan and Qin [email protected], [email protected] Administration of Concessions for Urban Utilities Procedures (the Procedures),…
By Martin G. [email protected] April, we looked at the advantages of the company limited by shares (CLS) structure compared to foreign-invested…
The creation of healthy capital markets in China has come under renewed attention with recent moves by the government to promote sound corporate practices by both issuing companies and sponsors.
The differing characterization of retained earnings as equity assignment income or dividend income, in situations as company stock transfer, liquidation and assignment of subsidiary.
The revised Provisions add one more section on recognition of a company with an investment nature by foreign investors as a regional headquarters.
Provides for foreign investment and participation in the PRC advertising market.
Clarification for the investment banking qualificaiton for the registration of sponsor representative.
By David Liu and Nelson [email protected] [email protected] cross border M&A transactions, anti-dilution issues…