What is the legal framework for setting up a foreign-invested enterprise in China?
When setting up a foreign-invested enterprise in China, there are a few legal frameworks to consider. The first is the foreign investment law, which establishes the legal framework for foreign investment activities in China. This law outlines the rules and procedures for setting up a foreign-invested enterprise and outlines the restrictions and prohibitions on foreign investment. It also outlines the legal rights and obligations of the foreign investor. The second legal framework is the foreign-invested enterprises law, which sets out the types of foreign-invested enterprises that are allowed in China, as well as the specific requirements that must be met in order to set up these enterprises. This law is also used to determine the taxation, labor, and environmental compliance requirements that must be met by foreign-invested enterprises. The third legal framework is the China Business Ventures Law of Oregon, which sets out specific requirements for foreign investments in Oregon. This law outlines the procedures that must be followed when setting up a business in Oregon, as well as the legal rights and obligations that must be followed by foreign investors. These three legal frameworks are important for setting up a foreign-invested enterprise in China. It is important to ensure that all legal requirements are met, in order to ensure that the investment is compliant and that the business is properly established.
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