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Establishinhment of Foreign-Invested Enterprises

2011-04-26

 

Guidance
 

Instructions
Target Group: foreign investors
 
Licensing basis: "Law of the PRC Sino-foreign Joint Ventures" and the implementation details; "Law of the PRC on Foreign-Capital Enterprises " and the implementation details
 
Project type: Administrative License
 
File type: Commitment Documents
 
License requirements: Foreign investors need to set up foreign-invested enterprises, and the already existing foreign invested enterprises need to change the existing foreign-invested enterprises matters.
 
The number of licenses: infinite
 
Licensing approach: examination and approval
 
Examination and approval authority: Chenzhou Merchants
 
Charge: fees of the certificate of approval 10 Yuan / set, 1 set of 3 copies
 
Licensing period: 5 working days
 
Legal effects: Approved establishment of foreign-invested enterprises is Chinese legal person, which is governed and protected by Chinese laws.
 
Licensing
 
basis
"Law of the PRC on Foreign-Capital Enterprises " and the implementation details 1231
"Law of the PRC Sino-foreign Joint Ventures" and the implementation details 002
"Law of the PRC Sino-foreign Joint Ventures" and the implementation details 001
 
Procedures
Acceptance (1 working day) → trial (2 working days) → approved (1 working day) → issue (1 working day)

Required materials:
 
1 duplicate of "Company Name Pre-approval Notice"
The original application signed by the investor
1 copy of project feasibility report
1 copy of the contract signed and sealed by investors, the original articles of association (Sole-source investment enterprises exempt from the contract)
The original copy of credit certificate of investor’s assets
The original copy of the letter of authority to appoint Board members and the legal representatives by investors
Material description: the letter of authority to appoint Board members and the legal representatives by investors.
The original report presented by the Merchants at the county and city level and the industrial zone.
1 copy of the contract signed and sealed by investors, the original articles of association (Sole-source investment enterprises exempt from the contract)
The original copy of the approved document by the Development and Reform Department
The original copy of the qualification certificate of foreign investment, or notarized identity documents, and the verified certificate by our embassy (consulate) in the investor’s country.
Material description: (If the foreign investor is a natural person who can provide the Chinese embassy (consulate) with a photocopy of passport, visa or proof of identity as an investor, and can provide valid passport for verification, he or she does not need to submit notarized certification documents; if the investor from Hong Kong, Macao and Taiwan is a natural person who can provide a copy of the mainland public security authorities issued the "Mainland Travel Permit for Hong Kong and Macao residents, " or "Mainland Travel Permit for Taiwan Residents " as an investor and can provide a valid proof of identity for verification of the original, he or she does not need to submit notarized documents.)