Examples of Foreign invested enterprise in a sentence
Any dissolution and liquidation shall take place in accordance with the provisions of these Articles, the Foreign Invested Enterprise Liquidation Procedures and other Relevant Laws and Regulations of the PRC.
The powers of the Liquidation Committee shall be as set out in the Foreign Invested Enterprise Liquidation Procedures and other Relevant Laws and Regulations of the PRC (if any).
The term of liquidation shall not exceed 180 days unless extended in accordance with the Foreign Invested Enterprise Liquidation Procedures or other Relevant Laws and Regulations of the PRC.
Baoji Jinqiu Printing & Packing Co., Ltd (“Jinqiu”) is legally established joint venture under the PRC laws with the approval from Shanxi Province Government on March 31, 2010 (PRC Foreign Invested Enterprise Certificate No. [2010]002).
Pacific Dragon is classified as a Foreign Invested Enterprise ("FIE") in the PRC and is subject to the FIE laws of the PRC.
The payments of dividends by these companies to their shareholders are not subject to any Hong Kong withholding tax.ChinaOn March 16, 2007, the National People’s Congress of PRC enacted the Enterprise Income Tax Law, under which Foreign Invested Enterprise s (“FIEs”) and domestic companies would be subject to enterprise income tax (“EIT”) at a uniform rate of 25%.
Beijing Municipal Government August 21, 2006 The PRC Approval Certificate for Foreign Invested Enterprise in relation to the duly incorporation of PRC Subsidiary was issued, Xxxxxxxxxxx Xx. Xxxxx Xxx Xx Xxxx Xx Xx [0000]00000.
The term of operation of the Company is thirty years starting from the date of issuance of the Business License for Foreign Invested Enterprise.
In revising your disclosure, please also discuss China's Enterprise Tax Law, which imposes a withholding income tax of 10% on dividends distributed by a Foreign Invested Enterprise to its immediate holding company outside of Mainland China unless such holding company is registered in Hong Kong or other jurisdictions that have a tax treaty with Mainland China, in which case the tax is 5% (subject to a qualification review at the time of the distribution).
No reserve fund was recognized in 2003 because the Company was not considered a Foreign Invested Enterprise.