(сетевой с №3-2015)
(сетевой с №2-2015)
|Articles and journals | Tariffs | Payments | Your profile|
Legal characteristic of the concept of “investor” and its relation to the forms of implementation of China’s investment activity
Abstract.The subject of this research is the concept of “investor” and its relation to the forms of implementation of investment activity, and certain forms of capital investment (foreign capital companies, subsidiaries of foreign companies, FIPE) allowable in China’s legislation. The authors perform their legal analysis, underlining the benefits and burdens of each of the indicated forms of implementation of investment activity. Particular attention is given to the legal regime of their activity; emphasis is made on their specificity from the perspective of current standing, as well as the 2015 Draft Foreign Investment Law of the People's Republic of China. The scientific novelty lies in consideration of the forms of disposal of investments in relation to the concept of “investor”. A conclusion is made that with account of the national specificity, the basic legal conditions for attracting foreign investments to China differ from the traditional and used in practice by other countries in regard that the legal regime of foreign investments as such is not actually determined in China, because the activity of foreign investors mostly concentrates on possibility of establishment of partnerships, foreign capital companies, and others. At the same time, the investors can count on such traditional mechanisms as tax exemptions in terms of constant improvements of the acting legislation, etc.
Keywords: draft law, FIPE, subsidiary company, WFOE, investments types, investor, investment, China, SAFE, SAIC
Article was received:08-08-2018
This article written in Russian. You can find full text of article in Russian here .