The maximum percentage of registered capital required to be transferred to a statutory surplus reserve fund under foreign government accounting rules and regulations. Such transfers occur over time based on earnings until the cap is reached, if ever.

No definition available.

The minimum percentage of the statutory surplus reserve fund balance over registered capital, below which the fund cannot be used to fund previous years' losses, for business expansion, or converted into share capital by (a) issuing new shares to existing shareholders in proportion to their shareholding, or (b) increasing the par value of the shares currently held by them.

No definition available.

The percentage of net income required to be transferred to a statutory surplus reserve fund under foreign accounting rules and regulations.

No definition available.

Percentage of statutory surplus reserve fund to registered capital.

No definition available.

Statutory reserves line items.

No definition available.

The amount of the statutory surplus reserve fund balance as of the reporting date. The surplus reserve fund is non-distributable other than during liquidation and can be used to fund previous years' losses, if any, and may be utilized for business expansion or converted into share capital by issuing new shares to existing shareholders in proportion to their shareholding or by increasing the par value of the shares currently held by them provided that the remaining reserve balance after such issue is not less than 25% of the registered capital.

No definition available.