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A new function of deregistration was first introduced by the Ordinance 1999. Until 2 July 2003, the Companies (Amendment) Ordinance 2003 established and the main change was the forbiddance of starting a company limited by guarantee with a share capital. [7]
The family courts have broad jurisdiction to deal with the welfare of children under the provisions of the "Guardianship of Minors Ordinance (Cap 13)", the "Separation and Maintenance Orders Ordinance (Cap 16)", the "Matrimonial Causes Ordinance (Cap 179)" and the "Matrimonial Proceedings and Property Ordinance (Cap 192)". Additionally, the ...
The British Virgin Islands Companies Registry (part of the Registry of Corporate Affairs). The BVI Business Companies Act (No 16 of 2004) is the principal statute of the British Virgin Islands relating to British Virgin Islands company law, regulating both offshore companies and local companies.
Companies are governed by the Companies Act, 5759-1999 (חוק החברות, תשנ"ט-1999). Few sections are still in force from the Companies Ordinance [New Form], 5743-1983 (פקודת החברות [נוסח חדש], תשמ"ג-1983). Private company – any company which is not a public company.
Similarly, companies are entitled to migrate to the British Virgin Islands from other jurisdictions where those other jurisdictions permit this. [35] Schemes of arrangement. Companies may enter into a scheme of arrangement whereby the court sanctions a compromise or arrangement which is entered into by the members or creditors of a company. [36]
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[16] [19] For example, a motor vehicle, which is 30% pooled, can be first granted a 60% initial allowance and 30% of annual allowance on the remaining 40% asset value. Therefore, 72% (i.e. 60% + 30% x 40% = 72%) of the value of motor vehicle can be deducted from tax in the year of purchase.
The main purpose of the law is stated in Article 1, "The Company Law of the People's Republic of China (hereinafter referred to as the "Law") has been enacted in order to standardize the organization and activities of companies, protect the lawful rights and interests of companies, shareholders and creditors, safeguard the social and economic ...