Field in which investment is prohibited are sector/lines in which business is prohibited, are not they?
Under the Enterprise Law, business is to continuously perform one, several or all steps of the investment process (clause 2 Article 4), as such, investment activities are within the definition of business activities; accordingly, sectors/lines in which business is prohibited are concurrently subject to the Investment Law. Enterprise Law (Article 7) stipulates that enterprises of […]
Please clarify the conditions for business for sector/lines in which business is conditional and those for fields in which investment is conditional?
1.under the Enterprise Law, for sectors/lines stipulated in the laws investments and relevant laws to be conditional for business, the enterprise shall only conduct business in such sectors/lines if being eligible as stipulated (Clause 2,Article 7) Conditions for business shall be issued by competent agencies and are in the form of business licenses/or certificates of […]