Chinese Foreign Direct Investment Regime abolishes capital requirements

In order to implement the amended PRC Company Law as promulgated by the National People’s Congress on 28 December 2013, the State Council made a Decision on Abolishment or Amendment of Certain Regulations on 19 February 2014 and subsequently published on 28 February 2014. The State Council Decision, together with the Company Law Amendments, have been in effect since 1 March 2014.

According to the State Council Decision, the foreign-invested enterprises (FIEs) are covered in the company registration system reform as rolled out by the Company Law Amendments, which include, inter alia, (i) phasing out the paid-in registered capital system by launching the subscribed registered capital system and (ii) changing the annual inspection system into an annual reporting system…

Click on the link below to read the rest of the Taylor Wessing briefing.

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • merger deal

    Corporate crunch time: who will triumph at The Lawyer Awards 2014?

    As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014. 

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

View more analysis from The Lawyer

Overview

5 New Street Square
London
EC4A 3TW
UK
http://www.taylorwessing.com

Turnover (£m): 228.00
No. of lawyers: 860
Jurisdiction: UK
No. of offices: 4
No. of qualified lawyers: 67 (International 50)

Jobs