Ministry of Commerce, Administration of Foreign Investment in the Leasing Industry Procedures
商务部外商投资租赁业管理办法
March 31, 2005 | BY
clpstaff &clp articlesPromulgated: February 3 2005Effective: March 5 2005Main contents: The Procedures state that foreign investment in the leasing industry may be made in the…
Promulgated: February 3 2005
Effective: March 5 2005
Main contents: The Procedures state that foreign investment in the leasing industry may be made in the form of limited liability companies or companies limited by shares. The establishment requirements for foreign-invested leasing companies and foreign-invested lease-financing companies and the types of businesses they may engage in are detailed in the Procedures.
Related legislation: PRC Contract Law, Mar 15 1999, CLP 1999 No.4 p19; PRC Company Law (2nd Revision), Aug 28 2004, CLP 2004 No.8 p6; PRC Wholly Foreign-owned Enterprise Law (Revised), Oct 31 2000, CLP 2000 No.10 p4; PRC Sino-foreign Equity Joint Venture Law (2nd Revision), Mar 15 2001, CLP 2001 No.3 p5 and PRC Sino-foreign Cooperative Joint Venture Law (Revised), Oct 31 2000, CLP 2000 No.10 p4
Repealed legislation: Administration of the Examination and Approval of Foreign-invested Leasing Companies Tentative Procedures, Aug 14 2001, CLP 2001 No.8 p4
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