On September 3rd 2016, the twenty-second meeting of The National People’s Congress (NPC) Standing Committee voted for the decision to amend the law on foreign-funded enterprises (FFE), which consist of domestic wholly foreign owned enterprises and Sino-foreign joint ventures. Features and Impacts of the new regime: The amendments replace the existing the Ministry of Commerce …
Tag: Joint Venture in China
China’s One Belt One Road Initiative on tax and customs
In September and October 2013, the Chinese President Xi Jinping had brought up two strategic initiatives which are jointly known as the “One Belt One Road” Initiative[1] (OBOR), respectively the New Silk Road Economic Road (SREB) and the 21st Century Maritime Silk Road (MSR). These two projects are considered a re-establishment of the historical trade …
Chinese investments fund based in London will trigger EU AIFM Directive
A 500 million pounds investment into a London-based fund had been announced by the Chinese company Cocoon Networks at a Beijing-London Tech Venture Forum held on the 19th of January 2016. Two big private equity companies were behind this, namely China Equity Group and Hanxin Capital. This fund is to be expected in place in …
Joint Ventures in China
In the last decades there is a stronger cooperation between China and The European Union at the governmental level (e.g. negotiations for an EU-China investment agreement or China’s one Belt One Road policy), leading to a better environment and more business opportunities for European business and investors. Setting up a joint venture (JV) with a Chinese …