Opinion: SAFE clears the way for round-trip investors

SAFE has replaced outdated rules regarding offshore special purpose vehicles with a new Circular that expands funding sources, eases registration burdens and covers equity incentive plans. But the benefit to cross-border transactions depends on implementation, say Haiwen & Partners lawyers

5 minute readSeptember 10, 2014 at 06:50 AM

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A new regime that adds clarity to investments by Chinese persons in offshore special purpose vehicles (SPVs) is now in place. The State Administration of Foreign Exchange (SAFE) issued the

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