China Removes Statutory Minimum Capital Requirements for Certain Foreign Invested Entities
China's Ministry of Commerce issued Decree No. 2 on 28 October 2015, which amends a number of rules and regulations regarding foreign investment in China. One of the major changes is the removal of statutory minimum capital requirements for certain foreign invested entity types.
Minimum capital requirements no longer apply for the following:
- Foreign Invested Company Limited by Shares;
- Foreig…