Examples of Shanghai WFOE in a sentence
In this connection, as soon as reasonably practicable following the Company Establishment Date, the Company shall establish the Shanghai WFOE.
The appropriate accounting treatment was therefore determined to be “off Balance Sheet” and that payments to the contractor are charged to the appropriate service line within the Comprehensive Income and Expenditure Account. The Council has considered its exposure to possible losses and made adequate provision where it is probable that an outflow of resources will be required and the amount of the obligation can be measured reliably.
On the other hand, the Shanghai WFOE shall have the sole and absolute discretion to decide and resolve whether to continue the business and operations of the Shanghai OPCO, and the Shanghai OPCO must unconditionally agree to such decision as determined by the Shanghai WFOE.
The security shall be returned to the supplier no later than twenty-eight (28) days after its expiration.
The BVI Subsidiary is the legal and beneficial owner of all of the equity interests in each of the Shanghai WFOE, Suzhou WFOE and the Offshore Subsidiaries.
Soland joined the company in November 2006 and his cash bonus payment for 2006 was prorated to reflect the length of his employment during the year.
Shanghai WFOE Controls the Domestic Company through the VIE Contracts.
Shanghai WFOE has the right to adjust the service fee in accordance with its services provided.
For services provided by the Shanghai WFOE, the Shanghai OPCO shall pay to Shanghai WFOE, as consultancy services fee, its entire pre income-tax profits (net of operating and other tax expenses) on an annual basis.
It is further provided that the Shanghai WFOE shall provide financial support in the event of financial difficulty of the Shanghai OPCO.