Circular 75 definition

Circular 75 means the Notice on Relevant Issues Concerning Foreign Exchange Administration for Domestic Residents to Engage in Overseas Financing and Round Trip Investment via Overseas Special Purpose Companies issued by SAFE on October 21, 2005.

Circular 75 means the Circular 75, issued by the State Administration of Foreign Exchange of the PRC on October 21, 2005, titled “Notice Regarding Certain Administrative Measures on Financing and Inbound Investments by PRC Residents Through Offshore Special Purpose Vehicles,” effective as of November 1, 2005, or any successor rule or regulation under PRC Law.

Circular 75 has the meaning set forth in Section 16(d) of Schedule D.

Examples of Circular 75 in a sentence

• Compared with Circular 75, Circular 37 further simplified and facilitated the cross-border capital transactions of domestic residents involved in investment and financing activities through special purpose companies.

• To avoid confusion between calendar and fiscal years, all yearly references are for the calendar year unless it is indicated that they are for the fiscal year.

• Circular 75 specifies that where the profit ofa PE cannot be determined from the accounts, the total profit of the enterprise may be apportioned based on a given formula to determine the profit attributed to the PE.

• To the best of our knowledge, as at the Latest Practicable Date, our Shareholders who are required to make the foreign exchange registration under Circular 75 have completed such registration with SAFE or its local counterpart.

• SAFE promulgated the Circular on Relevant Issues Concerning Foreign Exchange Control on Domestic Residents’ Offshore Investment and Financing and Roundtrip Investment through Special Purpose Vehicles, or SAFE Circular 37, in July 2014, which replaced SAFE Circular 75.

More Definitions of Circular 75

Circular 75 means the Circular 75 issued by the SAFE on October 21, 2005, titled “Notice Regarding Certain Administrative Measures on Financing and Round-trip Investments by PRC Residents Through Offshore Special Purpose Vehicles,” as amended, and any implementing SAFE rules and regulations thereof.

Circular 75 means Circular 75 issued by the SAFE on October 21, 2005 (as supplemented by implementing rules and regulations, including without limitation the implementing rule issued by SAFE on May 31, 2007 and known as Notice 106, and by any successor rule or regulation under PRC Law, including but not limited to any rule or regulation interpreting or setting forth provisions for implementation of any of the foregoing.

Circular 75 has the meaning set forth in Clause 3 of this Schedule 2.

Circular 75 means the circular entitled “Relevant Issues Concerning Foreign Exchange Control on Domestic Residents’ Corporate Financing and Roundtrip Investment Through Offshore Special Purpose Vehicles” issued by SAFE on October 21, 2005, and effective as of November 1, 2005.

Circular 75 means SAFE’s Notice on Relevant Issues concerning Foreign Exchange Administration for PRC Residents to Engage in Financing and Inbound Investment via Overseas Special Purpose Vehicles, or SAFE Circular No. 75, issued on October 21, 2005 ;

Circular 75 means the SAFE Circular on Issues Relating to the Administration of Foreign Exchange of Company Financing through Offshore Special Purpose Vehicles and Round-Tripping Investment by PRC Resident issued by SAFE on October 21, 2005 with effect from November 1, 2005 and as supplemented by that certain implementing rule issued by SAFE on May 31, 2007 (known as Notice 106).

Circular 75 has the meaning set forth in Section 16(iv) of Schedule D.