Registration of Sino-Foreign Joint Ventures and Branches (Setup, Change and Annulment)
Item： | Registration of Sino-Foreign Joint Ventures and Branches (Setup, Change and Annulment) |
Responsible Office | Foreign Investment Office |
Handling Agencies | Foreign Investment Offices of Ningbo Administration for Industry and Commerce and Registrars of Foreign Investment of Branches |
Legal Base Company Law of the Peoples Republic of China, Law of the People's Republic of China on Foreign-Capital Enterprises, Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures |
Conditions of Establishment |
| Number of stock holders meets the requirement of lawMinimal capital meets the requirement of lawA constitution agreed by all board membersA name, and an organization meets the requirement of limited responsibility companiesA residence
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| Materials required to be submittedApplication document signed with the legal person;Document of approval by authoritative organization;Company constitutionName Pre-examination NotificationID document of the investorsID documents of the board members, supervisors and managersID document of the legal personCertification on assessment of capitalLegal document of asset transfer if the fund invested is not cashDomicile certificate of the companythe minutes of the establishment meeting;Pre-approval document or certificatePower of Attorney for Serving Legal DocumentsOther documents concerned.
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| AlterationItems altered
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| Materials submittedan application for registration of change signed by the company's legal representativean application for registration of change according to the company law of ChinaOther documents required by National Bureau
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| Cancellationthe company is declared bankrupt as provided by law Where the operating period as specified in the articles of association is expired or occurrence of other issues resulting in dissolution as specified in the articles of associationThe shareholders' meeting or the shareholders' assembly decides to dissolve itbusiness license be revoked in accordance with the law, ordered to turn off or been revokeddissolved by the courtlegal and administrative regulations of other reasons |
| Materials submittedan application for cancellation of registration signed by the person in charge of the company's liquidation groupWith approval document issue by the same authorityDecision made according to the lawLiquidation report affirmed by the lawDuty paid proof issued by the customers or tax bureauProof showing branches have been shutenterprise business license /copyOther document |
| ChargingItem 56 of Regulations of the People's Republic of China on the Administration of Company Registration and other related government documents issued in August 1, 1992, October 20, 1999, December 6, 2004.Registered capital below 10 million, 0.8‰; registered capital over 10 million, the part that surpasses- 0.4‰, but if over 100 million, no extra charging. The fees for registration is 50 yuan at the minimum, 300 yuan for a branch, and 100 yuan for alteration.
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Time lineWithin 30 days according to the law; Will be dealt with within 7 working days
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| ProcessExamination, acceptance and settle.
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| Annul examination March 1 to June 30 every year. |
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