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NEW GOVERNMENT HAS EASED LEGAL RESTRICTIONS TO SUPPORT THE INVESTMENT IN MAINLAND CHINA SINCE AUGUST 1ST
To increase the competiveness of capital market and to encourage enterprises to become listed in Taiwan, the Executive Yuan has passed "To ease restrictions on the raising of capital to support mainland China investments plan" which was submitted by the Financial Supervisory Committee on July 17th, 2008. Later on August 26th, the Executive Yuan has announced the amendments of "The Measures Governing Investment or Technical Cooperation In Mainland China" and "The Examining Principles Governing Investment or Technical Cooperation In Mainland China", for which not only eased the maximum net worth of investment in mainland China (those companies which acquired the operation certification and subsidiaries of multinational enterprises are not subject to this limitation), but also eased the assessment process…
written by ShihChang, Sun
- For more information, please refer to this website: http://stli.iii.org.tw/e-epaper/2008/ep03.html
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