below are the relevant provisions for the board of directors and legal representative(s) for enterprise with foreign investments. -金沙js9线路中心
updated:2014-12-05
type of business |
board of directors |
should the legal representative be the chairman or an executive director? |
sino-foreign equity joint ventures |
must establish a board of directors |
the legalrepresentative must be the chairman |
sino-foreign co-operative joint ventures |
must establish a board of directors or a joint managerial institution |
the legalrepresentative must be the chairman or the director of the joint managerial institution |
wholly foreign-owned enterprises |
does not necessarily need to set up a board of directors, but must appoint one executive director |
the legalrepresentative must be the chairman, an executive director or a manager |