WFOE II definition

WFOE II means Shanghai Jiufu Network Technology Co., Ltd. (上海玖富网络科技有限公司), a company established under the Laws of the PRC.
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WFOE II means Shanghai Distrii Technology Development Co., Ltd.
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WFOE II has the meaning given to that term in introductory paragraph of this Agreement.
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Examples of WFOE II in a sentence

  • Taxation — People’s Republic of China Enterprise Taxation.” In order for us to pay dividends to our shareholders, we will rely on payments made from Long Yun to WFOE II, pursuant to contractual arrangements between them, and the distribution of such payments to Longyun HK as dividends from our PRC subsidiaries.

  • Certain payments from our Long Yun to WFOE II are subject to PRC taxes, including business taxes and VAT.

  • As of the date of this Agreement and the date of the Closing, the JV Entity is 95.9060% held by the WFOE II, and it has obtained the equity holdings in JV Entity in compliance with applicable Laws.

  • There was no change to Long Yun’s capital structure.The Company decided to replace WFOE I with WFOE II in order to take full advantage of certain preferential tax treatments and subsidies granted by the local government of Shangcheng District of Hangzhou, Zhejiang province, where WFOE II was incorporated.On August 3, 2018, WFOE II established Shenzhen Guanpeng International Technology Co., Ltd (“Guanpeng”).

  • The JV Entity is 100% held by the WFOE II as of the date of this Agreement and immediately prior to the Closing, but as of the date of and immediately after the Closing, the JV Entity is 96.0942% held by the WFOE II, and it has obtained the equity holdings in JV Entity in compliance with applicable Laws.

  • WFOE I and WFOE II shall be collectively referred to as the “WFOEs.”The purpose and design of the VIE Agreements between the WFOEs and HangZhou Longyun, was to consolidate Hangzhou Longyun under the Company by way of common control.

  • In doing so, they must assess credit risk, and administer and monitor their credit portfolios, which should be reviewed periodically.

  • One hundred percent (100%) of the equity interest of the JV Entity are duly vested in the WFOE II as the shareholder of the JV Entity in accordance with applicable PRC Laws as of the date of this Agreement and immediately prior to the Closing.

  • Any purchase price for the Put Equity Interests in excess of the amount of the Preference D&D+ Repurchase Price for such Member of Series D+ Options shall remain entirely at the disposal of the Company indirectly through the the WFOE II or the JV Entity or any other Group Company designated by the Company.

  • The Depositary may at any time resign as Depositary under the Deposit Agreement by written notice of resignation delivered to the Company, such resignation to be effective upon the earlier of (i) the 90th day after delivery thereof to the Company (whereupon the Depositary shall be entitled to take the actions contemplated in Section 6.2 of the Deposit Agreement), or (ii) the appointment by the Company of a successor depositary and its acceptance of such appointment as provided in the Deposit Agreement.


More Definitions of WFOE II

WFOE II means Fenghe Corporation Management Consulting (Shanghai) Co., Ltd. (枫合企业管理咨询（上海）有限公司), together with WFOE I, the “WFOEs” and each a “WFOE”;
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WFOE II means Ling Ke Investment (Tianjin) Co., Ltd. (零氪投资(天 津)有限公司), a wholly foreign-owned enterprise established under the Laws of the PRC. Table of Contents
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WFOE II means Qianhai Fuyuan Network Technology (Shenzhen) Co., Ltd. (前海富元网络科技（深圳）有限公司), a company incorporated under the PRC Laws;​
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Related to WFOE II

  • WFOE has the meaning set forth in the Preamble of this Agreement.

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • SoftBank means SoftBank Group Corp., a Japanese kabushiki kaisha.

  • BVI means the British Virgin Islands.

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • IDG means interdepartmental grant.

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • JV means Joint Ventures

  • HKFE means the Hong Kong Futures Exchange Limited;

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • PRC Companies means, collectively, all entities listed in Appendix A hereof, and each, a “PRC Company”.

  • SBS means the New York City Department of Small Business Services.

  • CIM means the Canadian Institute of Mining, Metallurgy and Petroleum.

  • CJI means criminal justice information collected by criminal justice agencies needed for the performance of their authorized functions, including, without limitation, all information defined as criminal justice information by the U.S. Department of Justice, Federal Bureau of Investigation, Criminal Justice Information Services Security Policy, as amended and all Criminal Justice Records as defined under §24-72-302, C.R.S.

  • Holdco has the meaning set forth in the Preamble.

  • CW means current City of Winnipeg Standard Construction Specification;

  • EPFO means Employees' Provident Fund Organization

  • MUSL means the Multi-State Lottery Association, a government-benefit association wholly owned and operated by the Party Lotteries.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • MB means megabyte, which is equal to 1024 kilobytes or 1,048,576 bytes of digital information.

  • NBME means the National Board of Medical Examiners, an organization that prepares and administers qualifying examinations, either independently or jointly with other organizations.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • CBD means cannabidiol.

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.