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Transfer of Ownership of Foreign Shares

Articles, Banking and Finance, Foreign Investment Law, Foreign Share

Background The application for transfer of ownership of foreign shares can be submitted either by foreign investment company or by domestic investment company. The transfer of ownership of foreign shares shall be conducted whenever there are changes in the company’s...

Transfer of Ownership of Foreign Shares

Foreign Share

Background The transfer of ownership of foreign shares for a domestic investment company occurs when domestic investment company conducts a change in the company’s capital as a result of the entry of foreign capital which causes some or all the company’s capital...