Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.
April 16, 2009
Corporate Governance
Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.
April 16, 2009The amended Law allows insurance companies to invest in bonds, stocks, securities investment fund shares and immovable property.
April 16, 2009Capital contribution in the form of equity gets its official go-ahead.
March 17, 2009A new era of differentiated regulation for insurance companies.
March 17, 2009Before starting any programme of mass lay-offs in China, companies must be aware of the legal issues and the appropriate procedures to follow. By Nancy Sun and Kirsten Gao, Minter Ellison, Shanghai.
March 17, 2009The Shanghai government has announced a set of incentives to attract more multinational companies to establish their headquarters in the city. By Laura Yuan, King & Wood.
March 17, 2009Foreign companies are contemplating how to restructure their loss-making or low-profit China operations. There are several good options available, and several unwise choices, too. By Ghislain de Mareuil and Julie Tong, DLA Piper, Shanghai.
March 17, 2009New measures formalise and streamline the process for making capital contributions using equity, although they may raise approval issues for foreign-invested enterprises.
March 17, 2009The total of the amount of capital contribution in the form of valuated equity and of capital contribution in the form of other valuated non-monetary property by all of the shareholders may not exceed 70% of the registered capital of the investee company.
March 17, 2009