Page 7 - SCBJ-201512
P. 7
December 2015
crops. The Ministry of Agriculture In addition, a number of activities Chinese seed company; the cooperation
maintains a list of these non-major crops. conducted by foreign entities are now with a Chinese research institute;
In this way, the new law appears to subject to an approval procedure with technical cooperation with a local entity,
deregulate parts of the crop seed sector. the State Council. These include the R&D activities, and the production and
investment, merger or acquisition of a trading of seeds.
The same Seed Production and Trading
License now also extends to the import Since its establishment in 1992, Dezan Shira & Associates has been guiding
and export of crop seeds, and the foreign clients through Asia’s complex regulatory environment and assisting
production and trading of genetically them with all aspects of legal, accounting, tax, internal control, HR, payroll
modified seeds. and audit matters. As a full-service consultancy with operational offices across
China, Hong Kong, India and emerging ASEAN, we are your reliable partner
At the same time, the draft law poses for business expansion in this region and beyond.
new requirements on foreign companies
active on the Chinese seed market. If For inquiries, please email us at info@dezshira.com. Further information about
the law were to pass, all foreign invested our firm can be found at: www.dezshira.com.
companies producing or trading seeds
need a Seed Production and Trading
License.
5
crops. The Ministry of Agriculture In addition, a number of activities Chinese seed company; the cooperation
maintains a list of these non-major crops. conducted by foreign entities are now with a Chinese research institute;
In this way, the new law appears to subject to an approval procedure with technical cooperation with a local entity,
deregulate parts of the crop seed sector. the State Council. These include the R&D activities, and the production and
investment, merger or acquisition of a trading of seeds.
The same Seed Production and Trading
License now also extends to the import Since its establishment in 1992, Dezan Shira & Associates has been guiding
and export of crop seeds, and the foreign clients through Asia’s complex regulatory environment and assisting
production and trading of genetically them with all aspects of legal, accounting, tax, internal control, HR, payroll
modified seeds. and audit matters. As a full-service consultancy with operational offices across
China, Hong Kong, India and emerging ASEAN, we are your reliable partner
At the same time, the draft law poses for business expansion in this region and beyond.
new requirements on foreign companies
active on the Chinese seed market. If For inquiries, please email us at info@dezshira.com. Further information about
the law were to pass, all foreign invested our firm can be found at: www.dezshira.com.
companies producing or trading seeds
need a Seed Production and Trading
License.
5
