China Insight - Corporate
PRC laws concerning foreign-invested enterprises have been amended
As reported in our newsletter in January 2014, the PRC Company Law has been amended as of 1 March 2014. The amendments mainly refer to registered capital issues. E.g. the requirements on minimum registered capital as well as the two years’ deadline for capital contributions have been abolished, the paid-in registered capital is no longer subject to registration and it is also not a must any more to engage a certified public accountant to issue a capital verification report for capital contributions.
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