Initiation and Acceptance of Foreign-funded Enterprises (the Examination and Approval Department of Foreign Investment) Release time:November 28,2023
Service Content | Procedures | Application Materials | Legal term | Commitment term | Charging standard |
Initiation and Acceptance of Foreign-invested Projects | Acceptance and Reply | 1. The original of the initiation application 2. The original of the intent on joint venture (cooperation ) signed by all investment parties (solely-invested projects excluded) 3. The original of the project proposal or report on feasibility study on the project 4. The copies of the legal business certificates from all investment parties (The legal business certificates of foreign investors are subject to the certification by a notary public of the country where they reside and authentication by the Chinese embassy or consulate in that country) 5. The original of credit certificate from the foreign bank or deposit certificate for personal investment 6. The copy of legal representative’s ID from the foreign company or the ID of yourself for personal investment 7. The copies of certificates of operation and production sites (including the agreements on lease or transfer of houses, sites and lands) 8. The copies of ownership certificates of houses and lands and certificates issued by the housing authority 9. The original of shareholders’ resolution, financial audit report or audit report on net assets offered by Chinese investors 10. The original of approval letter issued by authorities in relevant industry shall be submitted for examination-advanced projects. 11. The originals of other materials (including the authorization from legal representative, credit guarantee letter and agreement on commissioned application as well) 12. The copy of comments on industrial projects 13. The copies of letter of attorney on commissioned application business (i.e., the agency agreement) and business license of application agency (except for joint ventures or cooperative enterprise with initiation applied for by Chinese investors) 14. The authorization of legal instruments delivery (right-click and choose “Save as”) (Notes: The company’s official seal shall be affixed to the aforesaid copy-required materials.) | The decision of whether to accept or not shall be made within 5 working days. The Examination, approval and reply shall be conducted within 20 working days. | The decision of whether to accept or not shall be made within 3 working days. The Examination, approval and reply shall be conducted within 7 working days. |
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