CHINA HOLDING COMPANIES REGULATIONS UPDATED

by Sabrina Zhang, North China Regional Partner, Dezan Shira & Associates

A Supplementary Regulation for the Administration of Foreign Invested China Holding Companies ("CHCs") has recently been issued by the Ministry of Commerce. Various operational restrictions have been relaxed. The Supplementary Regulation will be effective 1 July 2006, we reproduce the major points of the regulation in this article.

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This article included in China Briefing Magazine

July / August 2006: Common Mistakes & Misperceptions When Investing In China - And How to Avoid Them

Other articles in this issue: Faulty or Inefficient China Business Applications by Chris Devonshire-Ellis, Senior Partner, Dezan Shira & Associates Mergers & Acquisitions: Common Mistakes When Buying a State-Owned Enterprise or Other Chinese Company by Dezan Shira & Associates, Investment Intelligence Unit, Greater China NEW POLICY ON LEASE AGREEMENT REGISTRATION IN SHANGHAI by Lulu Zhang, Shanghai Regional Partner, Dezan Shira & Associates Shenzhen: Minimum Salary Increased by Alberto Vettoretti, South China Regional Partner, Dezan Shira & Associates