Anexo B. Law of the People´s Republic of China on Chinese-foreign Equity Joint Ventures- Incursionando en China. Bases para emprender la Franquicia Karma Bagels en Beijing, China - Departamento de Administración dReport as inadecuate




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Anexo B. Law of the People´s Republic of China on Chinese-foreign Equity Joint Ventures- Incursionando en China. Bases para emprender la Franquicia Karma Bagels en Beijing, China - Departamento de Administración de Empresas. - Licenciatura en Administración de Empresas. - Escuela de Negocios y Economía - Universidad de las Américas Puebla.

Author: Ladino Cámara, Gabriela

Source: http://catarina.udlap.mx/


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INCURSIONANDO EN CHINA 2011  Anexo 2 Law of the People's Republic of China on Chinese-foreign Equity Joint Ventures 2001-03-15 From: The National People's Congress Article 1 With a view to expanding international economic co-operation and technical exchange, the People’s Republic of China permits foreign companies, enterprises, other economic organizations or individuals (hereafter referred to as -foreign joint ventures-) to joint with Chinese companies, enterprise or other economic organizations (hereafter referred to as -Chinese joint ventures-) in establishing joint ventures in the People’s Republic of China in accordance with the principle of equality and mutual benefit and subject to approval by the Chinese Government. Article 2 The Chinese Government protects, in accordance with the law, the investment of foreign joint ventures, the profits due to them and their other lawful rights and interest in a joint venture, pursuant to the agreement, contract and articles of association approved by the Chinese Government. Joint ventures shall follow the provisions of the laws and regulations of the People’s Republic of China in all their activities. The state does not practice nationalization and expropriation of a joint venture; under special circumstances, the state, in accordance with the needs of social public interest, expropriates a joint venture pursuant to legal procedures and offers corresponding compensations. Article 3 The joint venture agreement, contract and articles of association signed by the parties to the venture shall be submitted to the competent authorities of foreign economic relations and trade (hereafter referred to as approval authorities), and the approval authorities shall, within three months, decide whether to approve or disapprove them.
After approval, the joint venture shall register with the state competent authorities of administration for industry and commerce to obtain a license to do business and start operations. Article ...





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