Legal Services on Capital Reduction of a WFOE
A Singaporean e-business company established a WFOE in Shanghai several years ago. This WFOE failed to make good profits through years of operation, and its parent company was put in trouble because of the financial crisis. For coping with the situation, the Singaporean company hoped to reduce the capital of its WFOE in Shanghai to withdraw part of money. Mr. Chambers Yang and his team provided relevant full legal services.