关于外商投资企业合并与分立的规定-英文版

关于外商投资企业合并与分立的规定-英文版

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1、RegulationsoftheMinistryofForeignTradeandEconomicCooperationandtheStateAdministrationforIndustryandCommerceonMergingandSplittingofForeign-fundedEnterprises(No.395[1999]oftheMinistryofForeignTradeandEconomicCooperation AmendedaccordingtotheDecisionoftheMinistryofFore

2、ignTradeandEconomicCooperationandtheStateAdministrationforIndustryandCommerceonAmendingtheRegulationsonMergingandSplittingofForeign-fundedEnterprisesofNovember22,2001)Article1Tostandardizetheactionsrelatedtomergingandsplittingofforeign-fundedenterprisesandtoprotectt

3、helegalrightsandinterestsofinvestorsoftheenterprisesandcreditors,theseRegulationsareenactedinaccordancewiththeCompanyLawofthePeople'RepublicofChinaandwithlawsandadministrativeregulationsonforeign-fundedenterprises.Article2Theseregulationsareapplicabletothemergingbet

4、weenandthesplittingofChinese-foreignequityjointventures,Chinese-foreigncontractualjointventureswithlegalpersonstatus,whollyforeign-ownedenterprises,andforeign-fundedjoint-stocklimitedcompanies(hereinafterreferredtoascompanies)thatareestablishedwithintheChineseterrit

5、oryinaccordancewiththeChineselaws.MergingbetweenthecompaniesandChinesedomestic-fundedenterprisesshallbehandledinreferencetotherelevantlaws,regulationsandtheseRegulations.Article3MergingasusedintheseRegulationsreferstothemergingintoonecompanyoftwoormorecompaniesthrou

6、ghsigningagreementaccordingtotherulesoftheCompanyLaw.Mergingofcompaniesmaytaketheformsofmergerandconsolidation.Mergerreferstoacompanyabsorbsanotherorothersandremainsinexistencewhiletheabsorbedisoraredissolved..Consolidationreferstotwoormorecompaniesmergeintoonenewco

7、mpanyandtheoriginalonesaredissolved..Article4SplittingasusedintheseRegulationsreferstothefactthatonecompanyisdividedintotwoormorecompaniesthroughdecisionsmadebythebodyofsupremepowerofthecompanyinaccordancewiththeCompanyLaw.Splittingmaytaketheformsofsplit-offandsplit

8、-up.Split-offreferstothefactthatonecompanyisdividedintotwoormorecompanieswhilethecompanyremainstoexistaftertheestablishmentofoneormorenew5

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