Corporate Governance

New measures formalise and streamline the process for making capital contributions using equity, although they may raise approval issues for foreign-invested enterprises.

The 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.

Sherry Yin has joined Morrison & Foerster as a partner in its corporate practice.Yin, a specialist in inbound and outbound corporate and securities…

Information on foreign assets and liabilities to be included in annual reports

Hong Kong and Macao investors allowed to set up travel agencies in Guangdong.

Hong Kong and Macao investors allowed to set up out-patient clinics in Guangdong.

Approval of changes to FIEs made easier.

Guidelines for recovering losses from fleeing foreign investors.

City specifies attractive amounts of funding, low thresholds