On 7 March 2014, the State Council published Opinions on Improving the Market Environment for Corporate Reorganisations. The opinions call for action from the relevant authorities to support corporate reorganisations. The actions called for include improving or implementing tax incentives, simplifying or cancelling approval procedures, and improving financing services for mergers and acquisitions.
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Business Law Digest is compiled with the assistance of Baker & McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker & McKenzie by e-mail at: Zhang Danian (Shanghai) danian.zhang@bakermckenzie.com
