China Tax, Foreign Exchange Control, Newsletter
March 30, 2021
External Debt Quota in China
Traditional method of the Quota is the differences between the paid capital and registered capital (“Method 1”). Starting from the year 2017, the net asset method can also be selected [...]
China Tax, Foreign Exchange Control, Newsletter
March 30, 2021
Court Case Study: Prohibited usages of Share Capital of WFOE
Let me read a court case in Mainland China...鈺基國際貿易(上海)有限公司 (“the Company”) has acquired a rented property (“the Property”) located in Shanghai. The purchase funds came from its share capital. Before [...]
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