Room 602, 6/F., Taurus Building
21A/B Granville Road, Tsimshatsui, Hong Kong
Tel: (852)27399698 Fax: (852)27399313
Email: vc@vcpa.com.hk
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Room 602, 6/F., Taurus Building 21A/B Granville Road, Tsimshatsui, Hong Kong Tel: (852)27399698 Fax: (852)27399313 Email: vc@vcpa.com.hk |
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Certified Public Accountants (Practising) |
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China update - The Ministry of Commerce of the PRC issued the "Administration Measure for Foreign Investment in Commercial Sector" on 16 April 2004. The new regulation has removed a lot of market entry barriers for the distribution sector for foreign investors. Hong Kong investors now can open a retail shop or wholesale company in the PRC with a reduced registered capital of RMB300,000 and RMB500,000 respectively effective from 1 June 2004. - The "Provisional Rules to Regulate the Acquisitions of domistic Companies by Foreign Investors in China" were issued on 7 March 2003 and come to effect on 12 April 2003. The rules contain general and State Sector M&A regulations, as well as certain anti-trust provisions. ¡@ |
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K. Y. Chan &
Co. is a registered firm of the
Hong Kong Institute of Certified Public Accountants ¡@ ¡@ ¡@ |
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¡@ | Firm profile | Services | Newsletters | Tax deadlines | | Tax questions | Other links | Contact us | ¡@ K. Y. CHAN & CO. Room 602, 6/F., Taurus Building 21A/B Granville Road Tsimshatsui Hong Kong ¡@ Tel: (852)27399698 Tel: (852)27399313 Email: vc@vcpa.com.hk ¡@ |
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