porno Chinese Law | China: What are the relevant procedures in the process of liquidation regarding? Assets?
China -  Chinese law firm
 China Lehmanlaw - Chinese Law Firm

What are the relevant procedures in the process of liquidation regarding? Assets?

Liquidation assets include all the properties of the enterprise at the time of announcing the liquidation and the assets acquired during the liquidation period. However, three types of assets are excluded: first, the balance in the staff incentives and welfare funds and housing funds for mainland workers, and all properties and facilities purchased or constructed with such funds; second, the balance in the enterprise's insurance and other benefits for its mainland workers; third, the balance in the enterprise's trade union funds and the properties purchased or constructed with such funds.
Liquidation assets are normally valued at their net book value, or they can be re-valued or converted into realised income.

RSS Feeds