China -  Chinese law firm

What if the result of the restructuring is that a Chinese entity controls more than 75% of the equity?

What if the result of the restructuring is that a Chinese entity controls more than 75% of the equity?

In this case the entity will no longer be regarded as an FIE and will lose any tax preferences based on FIE status. In some cases, taxes or duties previously waived will now become due.

 

 

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