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Investment Procedure
Source:   Publish Date: 2008-2-15 15:37:00

The Examination and Approval Procedures for Establishment of Joint Ventures, Cooperative Ventures and Exclusively Foreign-Owned Enterprises

1. The above describes general procedures to apply for foreign invested enterprise.
2. Foreign invested enterprise with a total amount of less than USD 100 million, and listed in Encouraged Catalogue and Permitted Catalogue (not including infrastructure and mining) can directly submit feasibility study report, contract and articles of association to municipal authority in charge of foreign trade and economic cooperation.
3. For those projects that are beyond approval limit of our province, concerned with license or quota, or under direct control of central government, Provincial Development and Reform Committee, Economic and Trade Committee, Department of Foreign Trade and Economic Cooperation should submit them to organizations authorized by State Council for approval.
4. Technological renovation projects should be approved by the economic and trade commission (at county /municipal /provincial level) or the Ministry of Commerce according to respective approving mandate, and the contracts and articles of association should be approved by the authorities of foreign trade and economic cooperation accordingly.
5. For more details of every procedure, please contact concerning department.
6. Investors are requested to apply to the respective administrative committee if their projects are to be established in the state-grade development zones, tax-protected zones and export processing zones.

 
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