In France a new bill has recently been introduced. Loi PACTE or Projet de loi de croissance et transformation des entreprises (Action Plan for Business Growth and Transformation) is a text composed of nearly 200 articles aimed at reforming several economic areas. The draft law was initiated by the Minister of the Economy Bruno Le …
Tag: Corporate Law
An Update on the Chinese Foreign Direct Investment Regulations
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 …
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 …