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- W2387416506 abstract "Since 2010 the Chinese government has issued a series of rules governing representative office of foreign enterprise. As a result,representative offices have been facing more stringent regulation and oversight in China in terms of compliance and taxation. This essay introduces the legal regimes governing representative offices in China before and after the enactment of the aforesaid relevant rules and compares the two legal regimes in order to reflect the new changes. By analyzing the regulatory evolvement,the essay analyzes whether a representative office is still an efficient and favorable business structure for foreign investors. Although a representative office still features advantages that other business structures of foreign investment(such as foreign-invested enterprise) do not have,for example,absence of capital requirement and relatively simpler set-up formalities,the more stringent administration and supervision by the Chinese government,steeper fines,increased administrative and regulatory burden,and increased tax liabilities may make the representative office a somewhat less favorable structure for foreign companies that want to do business in China." @default.
- W2387416506 created "2016-06-24" @default.
- W2387416506 creator A5025127055 @default.
- W2387416506 date "2011-01-01" @default.
- W2387416506 modified "2023-09-27" @default.
- W2387416506 title "Is Representative Office still a Popular Business Structure in China for Foreign Investors after 2010" @default.
- W2387416506 hasPublicationYear "2011" @default.
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