China’s Foreign-Invested Limited Partnership Enterprise
Author | : Stephan Kuntner |
Publisher | : Springer Nature |
Total Pages | : 377 |
Release | : 2020-10-01 |
ISBN-10 | : 9783030541811 |
ISBN-13 | : 3030541819 |
Rating | : 4/5 (11 Downloads) |
Download or read book China’s Foreign-Invested Limited Partnership Enterprise written by Stephan Kuntner and published by Springer Nature. This book was released on 2020-10-01 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since a reform in 2010, foreign investors can establish a Foreign-Invested Limited Partnership Enterprise (FILPE) in China together with Chinese or foreign investors. The FILPE can be combined with a domestic or foreign corporate general partner, thus allowing for a structure that offers the flexibility and taxation conditions of a partnership while protecting its investors against personal liability like a company. The book explores from the perspective of a foreign investor if the FILPE is an attractive investment vehicle by analysing whether it provides the characteristics that are internationally recognized as constituting a standard corporate form. Among these characteristics, the three that are most strongly interconnected and interdependent form the core of the analysis: legal personality, limited liability and transferable ownership interest. These are analyzed in context of China's restrictive framework of foreign investment regulations and enterprise organization law.