With effect from 1 March 2014 China’s company law has been updated with the aim of streamlining the registration procedures and making the minimum capital requirements less stringent. China’s Company Law gives considerable discretion to companies in drawing up their Articles of Association and the changes have extended this to determining the suitable amount of equity to be contributed to the company. It should be noted that foreign invested limited companies and foreign invested joint stock companies also need to conform to the requirements of the special regulations in the FIE related law.
Portugal: Necessary requirements for Financial Services
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