|What are the main FAQ on foreign-capital and joint investment enterprises?Thank you!|
|From: | Date Add in:2016-10-09 14:45:00 | Visited:0 [A A]|
(1) Is it permitted for Chinese individuals to establish an enterprise in Mainland China jointly with a foreign enterprise? It is not permitted for Chinese-natured persons to establish a Sino-foreign joint venture with any foreign investor. (2) Is it permitted for Chinese individuals to establish an enterprise in Mainland China jointly with a foreign-capital enterprise that is registered in China? It is permitted for Chinese-natured persons to establish an enterprise jointly with solely foreign-capital enterprise. (3) What is the nature of the joint venture that is established in Mainland China, upon the joint investment of two foreign-capital enterprises, both of which are registered in China? In general, an enterprise established in Mainland China upon the joint investment of two solely foreign-capital enterprises is characterized as a private liability limited company, except for a solely foreign-capital investment company. (4) What are the lowest requirements for the total investment and registered capital? The lowest requirements for the total investment and registered capital shall be subject to the specific industrial rules. Please visit www.lyaic.com/zcfg/zcfg16.htm for further details of the required proportions. Where can enterprises proceed with their financial registration? Enterprises can proceed with their financial registration at local financial departments when undergoing their taxation registration.