In terms of the future demand , although the market showed minor fluctuations due to the impact of the chinese luna new year holidays in q1 2006 , it will pick up soon fuelled by the strong demand from more and more multinational companies in shanghai and the frequent commercial activities in the traditional high season of q2 未来需求看，上海境外公司云集，传统的刚性租房需求一直居高不下，虽然1季度受假期影响各物业需求略有变化，但随着3月- 6月国际国内商务活动频繁时期到来，其需求市场会快速回暖。
Article 26 for the purposes of this chapter , the acquisition of domestic companies by foreign investors with equity as payment shall means the activity in which the shareholders of a overseas company , or a overseas company itself , by using as payment the equity held by such shareholders in such overseas company , or the additionally - issued shares of such overseas company , acquire ( s ) the equity held by a domestic company ' s shareholders or the additionally - issued shares of a domestic company 第二十六条本章所称外国投资者以股权作为支付手段并购境内公司，系指境外公司的股东以其持有的境外公司股权，或者境外公司以其增发的股份，作为支付手段，收购境内境内公司股东的股权、境内公司增发股份的行为。
If domestic companies , enterprises or natural persons merge or acquire the domestic companies that have something to do with them in the name of the companies legally established or controlled by them in foreign countries , the established foreign - invested enterprises shall not enjoy the treatment of foreign - invested enterprises except that if the company in foreign countries offers to buy the capital increase of domestic companies , or increase capital to the enterprises established by this company in foreign country after merger , the sum of capital increase takes more than 25 per cent of the enterprise ' s registered capital 境内公司、企业或自然人以其在境外合法设立或控制的公司名义并购与其有关联关系的境内公司，所设立的外商投资企业不享受外商投资企业待遇，但该境外公司认购境内公司增资，或者该境外公司向并购后所设企业增资，增资额占所设企业注册资本比例达到25以上的除外。
Therefore , a new upsurge of investment for automotive components dominated by foreign company is being like a rising wind and scudding clouds . the huge market of faw in china is one of the aims of the giant in automotive industry . the multi - national automotive component suppliers are actively looking for the partner in china to coming into chinese market , enlarge the market share quickly , get the cooperative effectiveness of chinese automotive industry , reduce the cost and risk for coming into chinese market , which makes it possible for fawer enlarging the cooperation with original partner 首先,回顾了企业并购的国内外发展史和跨国并购在我国汽车行业的发展史,以及今后的发展趋势,介绍了境外公司在我国汽车零部件行业已经展开了第二次投资浪潮,我国汽车零部件行业正积极抓住机会吸纳境外公司参与并购重组;其次,以企业并购重组基本理论为指导,通过研究法国法雷奥公司参与的联合铝制散热器有限公司与富奥散热器分公司并购重组案例实际操作过程,对比分析并购重组运作和实施过程中,我国国有企业与境外企业存在的差异,并对因此而重组失败的原因进行分析,总结出在境外公司参与的跨国并购中,我国国企存在的问题,并针对相应问题提出规避的建议。
Article 26 equity merger and acquisition of domestic companies by foreign investors as referred herein shall mean the acquisition of equity from shareholders of domestic companies and of additional shares issued by domestic companies by foreign investors , paid in equity of overseas companies held by the shareholders of overseas companies or in additional shares issued by overseas companies 第二十六条本章所称外国投资者以股权作为支付手段并购境内公司，系指境外公司的股东以其持有的境外公司股权，或者境外公司以其增发的股份，作为支付手段，收购境内境内公司股东的股权、境内公司增发股份的行为。
Funds accumulated through investment companies set up in offshore areas can be invested or deposited throughout the world and whilst generally returns or interest payable in respect of these funds will be subject to local taxation , there are a number of offshore areas in which funds may be placed either in tax free bonds or as bank deposits where interest is paid gross 境外公司的另外一个用途是用来控制子公司、联合公司、上市公司、私人公司以及合资项目的投资。在许多情况下，因特殊投资所带来的资本增值可不须交税。另一方面，利用在同缔约国有双重课税协定的无税或低税司法管辖区建立的公司，可以把股息的预扣税大大降低。
