What is the framework of audit in China?

What information should be incorporated in equity purchase agreement or capital increase agreement?

a)       Information of each party, including the name and domicile of each party; the name, position and nationality of each legal representative; b)       The percentage and price of the purchased equity interest or increased capital; c)       Time table and method for execution of the agreements; d)       The rights and obligations of each party to the agreements; […]

What information should I filed to competent authority for approval an equity M&A?

a) Unanimous agreement or minutes of board of shareholders on the acquisition by foreign investor b)  Application letter c)  Contracts and Articles of Associations d)  Equity purchase agreement or capital increase agreement e)  Financial statements of the local company f)   Investor’s ID and credentials g)  Invested enterprises of the local company h)  Business license of both parties i)   Plan for employees treatment j)   Other

What is the framework of audit in China?

Whats the time limit for the approval?

The approval authority shall within 30 days to make decision on whether to approve the M&A or not. If the M&A is approved, the Approval Certificate for Foreign Invested Enterprises shall be issued.

What is the framework of audit in China?

General Key Success Factors are set out in the following exhibit.

Area Key Success Factors Technical a)         Research and development capability b)         Technical know-how c)         Innovation in production process d)         Product innovation e)         Know-how f)           Ability to use the internet to distribute information, process order, distribute goods or provide services g)         Protection of intellectual property Production a)         Efficient production with low cost b)         High utilization rate of fixed assets c)         Factories operated in a low cost […]

What are the key success factors (KSF) in your industry?

Perhaps the most important result of your industry analysis will be the identification of the key success factors of your competitors. Key success factors are assets and skills that a company within a particular industry must have to succeed. Key success factors might be: a)Name b)Access to distribution channels. c)Financial resources. d)Loyal consumers. e)Access to […]