Implementing Rules for the PRC Sino-foreign Co-operative Joint Venture Law (Revised)

中华人民共和国中外合作经营企业法实施细则 (修订)

May 09, 2017 | BY

Susan Mok &clp articles &

The withdrawal procedures for a foreign partner exiting a co-operative joint venture have been eased.

Clp Reference: 2310/17.03.01 Promulgated: 2017-03-01 Effective: 2017-03-01

Promulgated: March 1 2017

Effective: as of date of promulgation

Main contents: The foreign partner of a Sino-foreign co-operative joint venture is no longer required to obtain the approval of the tax authority and have the joint venture pay enterprise income tax before withdrawing its investment (Article 44).

Related legislation: PRC Sino-foreign Cooperative Joint Venture Law (2nd Revision)

clp reference:2310/17.03.01 promulgated:2017-03-01 effective:2017-03-01

Promulgated: March 1 2017

Effective: as of date of promulgation

Main contents: The foreign partner of a Sino-foreign co-operative joint venture is no longer required to obtain the approval of the tax authority and have the joint venture pay enterprise income tax before withdrawing its investment (Article 44).

Related legislation: PRC Sino-foreign Cooperative Joint Venture Law (2nd Revision)

clp reference:2310/17.03.01 promulgated:2017-03-01 effective:2017-03-01

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