Civil And Commercial Law: Branches Of Foreign Companies

< p > < strong > 1. The a href= "//www.sjfzxm.com/news/index_c.asp" of branches of foreign companies > legal status < /a > /strong > /p >

< p > a foreign company is a company established outside China in accordance with foreign laws, and a foreign company belongs to a foreign legal person.

A branch of a foreign company refers to a branch established by a foreign company in accordance with the laws of our country. The branch does not have an independent corporate qualification and is an integral part of the foreign company.

Foreign companies shall bear civil liability for the operation of their branches in China.

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< p > < strong > two, < a href= "//www.sjfzxm.com/news/index_c.asp > > foreign company < /a > branch establishment < /strong > /p >

If a foreign company establishes branches in China, it must designate the representative or agent of the branch within the territory of China, and allocate funds to the branch that is suitable for its business activities. P

The branch of a foreign company shall indicate the nationality and liability form of the foreign company in its name.

The branch of a foreign company shall reserve the constitution of the foreign company in this organization.

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< p > < strong > three, foreign company < a href= "//www.sjfzxm.com/news/index_c.asp > > branch < /a > cancellation and liquidation < /strong > /p >

When a foreign company revoke its branches in China, it must pay its debts according to law and liquidation in accordance with the provisions of the company's liquidation procedures in accordance with the company law.

The property of its branches shall not be pferred outside China until the debts are paid off.

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Tang Weijian, speaking at the Fourth Plenary Session of the two session of the twelve CPPCC National Committee, said that we must uphold the principle of "justice for the people" and strive to crack the "expensive lawsuit" so that the people can feel fair and just in every lawsuit case. P

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< p > Tang Weijian said that because the judicial environment is not yet optimized, people's lawsuits should not only pay various explicit fees according to law, but also spend all kinds of invisible costs.

Our country is a socialist country. If people go to court for lawsuits, they should not be deterred from economic considerations.

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< p > he put forward some suggestions on the revision and perfection of relevant systems: < /p >

< p > - continue to improve the system of litigation fees, and develop an independent "litigation fees law".

It is suggested that free litigation be carried out in administrative cases and ordinary civil cases, free execution of effective legal documents, a substantial reduction in the charging standard of commercial litigation and economic litigation, and improvement of the judicial funding guarantee system.

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< p > - the judiciary should strictly enforce the provisions of the law, so that the system of judicial benefit, judicial aid, judicial aid and other systems shall be implemented, and the enforcement of the law shall not be carried out in the light of the size of the object of litigation.

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< p > - to further improve the legal service market, improve the charging system for lawyers, establish and improve public legal service systems and institutions, standardize and restrict the application of the risk agency system, and make our legal service more reflect the public service color of the socialist judicial system.

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