3 edition of Law no. 1 of the year 1967 concerning foreign capital investment found in the catalog.
Law no. 1 of the year 1967 concerning foreign capital investment
|The Physical Object|
|Number of Pages||50|
|LC Control Number||sa 68019466|
Authority and treatment 1. Legal capital of an enterprise with foreign owned capital means the capital required to establish the enterprise as stated in its charter. Within Sixty days from the date of the receipt of duly completed investment application, the Board shall notify the applicant, by registered mail, of its decision. Labour force of the DPRK shall be employed or dismissed according to a contract made with the relevant labour service agency.
The duties of the office shall be the following: - 1. In cases when the dispute arises out of, or relates to expropriation, compensation for expropriation, discrimination or transfers according to article 7 of this law, then a foreign investor may submit the dispute for resolution and the Republic of Albania hereby consents to the submission thereof, to the International Center for Settlement of Investment Disputes "Center". To formulated proposals concerning foreign investment policy and improvement of investment conditions. Article 37 1 At the time this law comes into effect, all laws and regulations which are implementing regulations of Law No. Land so leased may be transferred or inherited during the period of lease with an approval of the relevant organ.
To implement the decisions taken by the Board. China encourages the establishment of foreign capital enterprises which produce to export trade or which are equipped with advanced technology. A business co-operation contract means a written document signed by two or more parties for the purpose of carrying on investment activities without creating a legal entity. Statement letter from the small scale enterprise if required under Law No.
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Article 39 All provisions of laws and regulations directly related with capital investment shall be based on and shall be adjusted with the provisions of this Law.
By offering thought-provoking analysis of the law in historical, political and economic contexts, this fully updated edition of Sornarajah's classic text captures leading trends and charts the possible course of future developments. Authority and treatment 1. This is a new requirement. Article 11 Foreign enterprises may carry out their business management activities in accordance with the approved articles of association without any interference.
If a foreign capital enterprise fails to set up an account book in China, financial and taxation authorities have the right to impose a fine, and the industrial and commercial administrative organs may order it to cease operation or even revoke its business license.
Establishment of a branch office, representative office and agency Foreign-invested enterprises shall be permitted to open branch offices, agencies or liaison offices and to establish subsidiaries in the DPRK or other Law no. 1 of the year 1967 concerning foreign capital investment book.
Failing agreement of the nomination of the third member, the chairman shall be appointed, at the request of either party, by the president of the Supreme Court of Somaliland.
Article 6 The application for establishing a foreign capital enterprise shall be approved by the department under the State Council in charge of foreign economic relations and trade, or by other agencies authorized by the State Council.
Article 20 The facilities as stipulated in Law no. 1 of the year 1967 concerning foreign capital investment book 18 shall not be granted to foreign capital investment which is not in the form of a limited liability company. To approve proposed foreign investment in accordance with the policy guidelines laid down in Article 4 and the and the provisions concerning quorum and vote, as per Article 7.
Each of these is then further enumerated in the succeeding Articles. Profit originating from a duly registered foreign investment, as per paragraph 1 of Article 11 may be freely transferred abroad.
A foreign-invested enterprise stands for an equity or contractual joint venture or a wholly foreign-owned enterprise that are set up in the territory of the DPRK.
Add to basket Add to wishlist Description Following the Trans-Pacific Partnership TPP and Transatlantic Trade and Investment Partnership TTIPthe demonstrations against investor-state arbitration and the wide discussion during the US presidential election, the climate surrounding foreign investment law is one of controversy and change, and with implications for human rights and environmental protection, foreign investment law has gained widespread public attention and visibility.
Part One addresses the central government and BKPM role, Part Two deals with the provincial government roles, and part three deals with the role of the district and city governments, and part four deals with investment in free trade and port zones.
Article 12 When employing Chinese workers and staff, foreign capital enterprises shall sign contracts with them and specify the conditions of employment, dismissal, remuneration, welfare, labor protection, labor insurance and other issues in accordance with law. There has been no opening up and the time and effort required to form a FIE is not likely to substantially change.
These accounts can be opened after the deed of establishment has been executed and a copy of the deed is submitted to the bank. Step 4. No customs duty shall be levied on export and import goods other than those items that are prescribed by the State.
Vietnamese party means one party comprising one or more Vietnamese enterprises from any economic sector.FOREIGN INVESTMENT LAW1 TITLE ONE GENERAL PROVISIONS CHAPTER I On the purpose of the Law ARTICLE 1.
This law is of public policy and for general adherence throughout the Republic. Its purpose is to establish rules to attract foreign investment to the country and promote its contribution to national development.
ARTICLE 2. Dec 28, · This book examines the content of each of these three legal frameworks for international investment and explores how they influence the foreign investment process and the nature of investment transactions, projects, and enterprises.
The book is divided into five parts.5/5(2). 1 Law No. 72 of Promulgating the Investment Law In the Name of the People, The President of the Republic, The House of Representatives has passed the following Law and we have promulgated it: Article I The provisions of the annexed Law shall govern the investment within the Arab Republic of .Developments within various sub-fields of pdf law influence international investment law, but changes in investment law also have an impact on the evolution of other fields within international law.
Through contributions from leading scholars and practitioners, this book analyses specific.Developments within various sub-fields of international law influence international investment law, but changes in investment law also have an impact on the evolution of other fields within international law.
Through contributions from leading scholars and practitioners, this book analyses specific.No property or foreign investment of any description shall ebook expropriated or nationalized neither directly or indirectly, and no interest in or right over property or foreign investment of any description of an foreign investor shall be compulsorily acquired, except for public purposes determined by law.