Ministry of Foreign Trade and Economic Cooperation, State Administration of Taxation, State Administration for Industry and Commerce and State Administration of Foreign Exchange, Acquisition of Domestic Enterprises by Foreign Investors Tentative Provisions

对外贸易经济合作部、国家税务总局、国家工商行政管理总局、国家外汇管理局外国投资者并购境内企业暂行规定

March 31, 2003 | BY

clpstaff &clp articles &

New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this year.

Clp Reference: 2300/03.03.07 Promulgated: 2003-03-07 Effective: 2003-04-12

Promulgated: March 7 2003
Effective: April 12 2003

Main contents: The Provisions specify the limitations on acquisition of domestic enterprises by foreign investors as well as the application procedures required for such acquisition.
Related legislation: Foreign Investment Industrial Guidance Catalogue (Amended in 2007), Oct 31 2007, CLP 2007 No.10 p22 and Changes in Equity Interest of Investors in Foreign Investment Enterprises Several Provisions, May 28 1997, CLP 1997 No.7 p33

clp reference:2300/03.03.07promulgated:2003-03-07effective:2003-04-12

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