Foreign Direct Investment

New regulations offer clarity on the administration of foreign representative offices; however, this investment vehicle may no longer be an optimal arrangement for some overseas companies wishing to enter the Chinese market

Administration of Rep Offices of FIEs tightened.

NPC Standing Committee clarifies when a foreign law would apply to a foreign-related civil relationship.

Beijing Municipality relaxes enterprise name registration for FIEs.

Overseas organisations and individuals restricted from purchasing property.

Government prefers alternate forms of investment

FIEs required to pay urban maintenance and construction tax and education surcharge from December 1 2010.

The Regulations cover the registered particulars, registration of establishment, registration of changes, de-registration and legal liability in connection with the resident representative offices of foreign enterprises.

This Law has been formulated in order to clarify the application of laws to foreign-related civil relationships, rationally resolve foreign-related civil disputes and safeguard the lawful rights and interests of concerned parties.