Foreign-invested enterprises refer to enterprises established in China according to the laws of People's Republic of China (PRC), which are jointly invested by China investors and foreign investors or invested by foreign investors alone. China investors include companies, enterprises or other economic organizations in China, and foreign investors include foreign companies, enterprises and other economic organizations or individuals.
The law on foreign-invested enterprises refers to the general name of laws and regulations on the organization and activities of foreign-invested enterprises, and is a legal system formed by many legislative norms on foreign-invested enterprises. Its main contents include organizational form, establishment and registration procedures, legal status, investment relations, legal documents, rights and obligations of Chinese and foreign parties, organizational structure, operation and management, labor relations, taxation, foreign exchange management, dissolution and liquidation, etc.
In order to protect the legitimate rights and interests of foreign-invested enterprises, the Law on Joint Ventures and the Law on Foreign-funded Enterprises respectively stipulate that the state shall not nationalize or expropriate joint ventures and foreign-funded enterprises; Under special circumstances, according to the needs of social public interests, joint ventures and foreign-funded enterprises can be levied in accordance with legal procedures and compensated accordingly.