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The autonomy of a fully foreign owned enterprise in China

Posted Wed, 2009-11-11 18:42 by Wi

i would like to know whether corporate entities that are fully foreign owned, have complete autonomy of ownership, indefinitely or subject to a 5-10 years reversion of ownership to the state. Or is it based on international corporate law practices as in the States and the UK. This was posed to me by a Foreign Lawyer based in Singapore. Based on the Coca-cola case.

In general, a fully foreign owned enterprise in China has a complete autonomy of itself subject to the proposed business term in its articles of association. The ownership will not be reversed to the State except for the share transfer between the original foreign shareholder and the State.

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