Traduction de «filiale à capital entièrement étranger » (Français → Anglais) :

The difficulties which businesses face as a result of the diversity of company forms essentially consist of compliance costs on the formation of a company (e.g. mandatory minimum capital requirement, registration and notary fees, cost of expert legal advice) and of difficulties and compliance costs associated with the operation of a company, which make the day-to-day operation of foreign subsidiaries more expensive compared with domestic subsidiaries.

For a period of five years, the acquisition of large equity stakes of companies operating in the fields of defence, and energy may be subject to the approval of the Ministry of Treasury.LTinvestments in organising the lotteries are forbidden under the Law on Foreign Capital Investment.MTcompanies with the participation of non-resident legal or natural persons are subject to the same capital requirement applicable to companies that are fully owned by residents, as follows: private companies — Lm 500 (with a minimum of 20 % as paid-up c ...[+++]apital); public companies — Lm 200 (with a minimum of 25 % paid-up capital).

Since September 2006 Dressta has been fully controlled by HWS S.A. In the past, however, 51 % of its shares were owned by Komatsu American International Company USA (‘KAIC’), a competitor of HSW. In 1995 HSW transferred licences and assets pertaining to the sale of its goods on foreign markets to Dressta for a twelve-year period.

12. Notes that for years the Chinese banking system has been growing rapidly; that this has been accompanied by a gradual opening of the banking and financial sector to foreign interests; that this is taking place in accordance with the basic principles of the WTO Agreement and the transitional periods granted to China when it joined the WTO; that many Chinese commercial banks have already been authorised to work with foreign lenders; that, finally, more than 400 international banks and financial institutions have opened branches or representations in China; calls on China to continue this process, further to relax the remaining restrictions on foreign banks as regards customer transactions, areas of business and regional activities an ...[+++]d ultimately to dismantle them altogether in order to create greater scope for development for foreign banks or banks with foreign capital participation; calls on China, furthermore, to allow all foreign or mixed banks to conduct customer transactions in the Renminbi, and, in the near future to lift all restrictions on Renminbi transactions by foreign banks throughout China; calls on China, furthermore, in addition to relaxing market access rules for foreign or mixed banks implemented introduced so far, also to relax controls on external financial institutions and, in this connection, to reduce the capital requirements for the establishment of foreign financial institutions from the present excessively high level so as to allow these undertakings effective market access;

This a Foreign Direct Investment (FDI) operation, as Tunisacier S.A is a 100% subsidiary of the Riva Group, Italy's first steel producer, ranking ninth at world level.

Direct foreign investment enterprises comprise those entities that are identified as subsidiaries (investor owns more than 50 %), associates (investor owns 50 % or less) and branches (wholly or jointly owned unincorporated enterprises), either directly or indirectly owned by the investor.