The Provisions address the issues of the application of law concerning disputes arising in the course of the establishment, the modification, etc. of foreign-invested enterprises, which mainly include the validity of contracts without approval and its legal consequences, equity confirmation, equity transfers and equity pledges.
As an option for raising cash, IP pledge financing is becoming increasingly more attractive. However, as companies begin to swap their IP rights for loans from banks or financial institutions, there are several issues both sides need to be aware of
The Measures detail the administration of general tax treatment of enterprise re-organisation, the administration of special tax treatment of enterprise re-organisation, and the tax administration of cross-border re-organisation.