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Wholly foreign-owned, Sino-foreign joint ventures and Sino-foreign cooperation.
A wholly foreign-owned enterprise refers to an enterprise established in China in accordance with the relevant laws of the People's Republic of China with all capital invested by foreign investors, excluding branches, representative offices and other branches of foreign enterprises and other economic organizations in China.
A Sino-foreign joint venture (hereinafter referred to as a "joint venture") is a limited liability company established in the form of a joint venture between foreign companies, enterprises and other economic organizations or individuals, and Chinese companies, enterprises or other economic organizations in accordance with the laws of China and with the approval of China. It is an equity-type joint venture, which is jointly invested, operated, risk-sharing, and profit-bearing by Chinese and foreign parties. In accordance with the provisions of the Law on Sino-Foreign Equity Joint Ventures, a joint venture established with approval and registration in China is a Chinese legal person and is subject to the jurisdiction and protection of Chinese law.
A Sino-foreign cooperative joint venture (hereinafter referred to as a "cooperative enterprise") is an economic organization established within the territory of China by a foreign enterprise, other economic organization or individual, and an enterprise or other economic organization with China in accordance with the Law of the People's Republic of China on Sino-Foreign Cooperative Joint Ventures, with the approval of China, and in accordance with the cooperative operation contract signed jointly to stipulate the rights and obligations of the cooperating parties.
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Include. Except for the mainland's own enterprise investment, everything else is regarded as foreign investment.
It also includes some fake foreign capital.
It is that domestic funds are registered on some small islands abroad, and then return to China to invest and enjoy foreign treatment.
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First, the overview of the two is different:
1. Overview of Hong Kong-funded enterprises: Hong Kong-funded enterprises are enterprises invested by people from Hong Kong, China.
2. Overview of foreign-funded enterprises: foreign-funded enterprises are symmetrical of "domestic-funded enterprises". It refers to an enterprise established within the territory of China that is invested and operated by foreign investors in accordance with the relevant laws and regulations of China.
Second, the characteristics of the two are different:
1. The characteristics of Hong Kong-funded enterprises: their management models are more meticulous and detail-oriented, and their corporate culture is mostly born from the same root and their cultures are converging.
2. Characteristics of foreign-funded enterprises: independently and freely carry out the global strategy of the parent company, without considering the factors of Chinese investors. Ability to conduct business formally without the constraints of a representative office. Invoicing customers in RMB as revenue.
1. Relevant provisions of Hong Kong-funded enterprises: The property of a sole proprietorship enterprise is inseparable from the property of the investor, and the debts of the enterprise cannot be borne independently, and its debts are borne by the personal property of the investor. Therefore, all sole proprietorships do not have legal personality.
According to the provisions of the Law on Foreign-Funded Enterprises, if a foreign-funded enterprise meets the requirements of Chinese law on the requirements for legal persons, it may obtain the status of a Chinese legal person in accordance with the law. As a type of foreign-funded enterprise, a WFOE can also obtain the status of a Chinese legal person.
2. Relevant regulations for foreign-funded enterprises: One of the most important issues in the project documents is the business scope of the wholly foreign-owned enterprise. The scope of business in all industries in China is very strict and precise.
A WFOE can only carry out business activities within its permitted business scope, which will be indicated on the business license.
If you need to make changes, you need to apply for and get approval. Of course, there is a need to negotiate with the approval department to grant a wider scope of business. In the case of a consulting firm, for example, its business scope includes:
Investment consulting, international economic consulting, information consulting, marketing consulting, corporate management consulting, technical consulting, etc.
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The difference between the foreign investment economy and the Hong Kong, Macao and Taiwan investment economy refers to the capital economy: 1. The overview of the two is different
1. Overview of Hong Kong-funded enterprises: Hong Kong-funded enterprises are enterprises invested by Hong Kong, China.
2. Overview of foreign-funded enterprises: foreign-funded enterprises are symmetrical of "domestic-funded enterprises". It refers to an enterprise established within the territory of China in accordance with the relevant laws and regulations of the People's Republic of China and invested and operated by foreign investors alone.
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It refers to the foreign investment and Hong Kong, Macao and Taiwan investment in wholly-owned enterprises, joint ventures and cooperative enterprises established by foreign investors and Hong Kong, Macao and Taiwan investors in mainland China in accordance with the laws of the People's Republic of China and the regulations of the orange ear.
It refers to the foreign investment and Hong Kong, Macao and Taiwan investment in wholly-owned enterprises, joint ventures and cooperative enterprises established by foreign investors and Hong Kong, Macao and Taiwan investors in mainland China in accordance with the laws and regulations of China.
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Foreign-invested economy and Hong Kong, Macao and Taiwan investors refer to various economic forms established by foreign investors, investors from Hong Kong, Macao and Taiwan regions with domestic enterprises or economic organizations through investment activities in China, including Sino-foreign joint ventures, Sino-foreign cooperative joint ventures, foreign-funded enterprises, foreign-invested joint-stock enterprises, partnership enterprises, and Hong Kong, Macao and Taiwan-invested enterprises.
Specifically, the economy of foreign investment and Hong Kong, Macao and Taiwan includes the following types:
Sino-foreign joint venture: refers to an economic form in which foreign public enterprises, enterprises and other economic organizations or individuals and enterprises within the territory of China jointly contribute capital through consensus through consultation in accordance with the principle of equality and mutual benefit, and distribute the income according to the proportion of capital contribution.
Sino-foreign cooperative joint venture: refers to an economic form in which foreign companies, enterprises and other economic organizations or individuals and enterprises within the territory of China jointly make capital contributions, operate jointly and share profits in accordance with the provisions of the contract and under the principles of joint capital contribution, joint operation and profit sharing.
Foreign-funded enterprise: refers to an economic form in which foreign companies, enterprises and other economic organizations or individuals establish enterprises within the territory of China, and their entire capital is invested by foreign investors without the participation of Chinese investors.
Foreign-invested joint-stock enterprise: refers to an economic form in which foreign companies, enterprises and other economic organizations or individuals establish enterprises within the territory of China, and their capital is jointly invested by foreign investors and domestic investors. Hook up like a nucleus.
Hong Kong, Macao and Taiwan-invested enterprises: refers to an economic form established by investors from Hong Kong, Macao and Taiwan in China with domestic enterprises or economic organizations through investment and mining activities within the territory of China.
In short, there are many types of foreign investment and Hong Kong, Macao and Taiwan investment in the economy, each of which has its own unique investment methods, operating characteristics and management requirements.
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Coca-Cola, Pepsi. Electronic and electrical is an imitation of the front industry: General Electric, Bosch Bird Company. and so on are all foreign-funded enterprises. 1.Foreign economy refers to foreign investors who are suspected of investing in the economy in Hong Kong, Macao and Taiwan.
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