Approval of Foreign-Invested Enterprise

Approval of Foreign-Invested Enterprise

Approval of Foreign-Invested Enterprise.
The English version is for reference only. If there is any inconsistency or conflict between the English and Chinese version, the Chinese version shall prevail.
 
I. Operation Basis:
 
The Opinions of the State Council on Further Properly Utilizing Foreign Investment (Guo Fa [2010] No. 9), the Decision of the State Council on Reforming the Investment System (Guo Fa [2004] No. 20), the Interim Measures for the Administration of Examination and Approval of Foreign Investment Projects (Order No. 22 of the National Development and Reform Commission), the Circular of the National Development and Reform Commission on Further Strengthening and Regulating the Administration of Foreign Investment Projects ([2010] No. 914 of the National Development and Reform Commission), and the Interim Measures of Shanghai Municipality for the Administration of Examination and Approval of Foreign Investment Projects (Hu Fu Fa [2008] No. 33)
 
II. Scope of Approval
 
Sino-Foreign equity joint venture, Sino-Foreign contractual joint venture, wholly foreign-owned, M&A of domestic enterprise by foreign investors, capital increase of foreign-invested enterprises and all other foreign investment projects in the scope of authority of examination and approval in the FTZ.
 
III. Application Materials:
 
Project application report (for the total investment of USD 30 million or below, “Shanghai Foreign Investment Project Application Report (For Trial) in Document No. 042 [2012] of Shanghai Municipal Development & Reform Commission) (3 originals);
Enterprise registration certificate (business license), business registration certificate and audited latest enterprise financial statements (including balance sheet, income statement, and cash flow statement) of the Chinese and foreign parties, reference letter issued by the account-opening bank (3 photocopies);
Letter of intent for investment, and company board resolution for M&A project (3 photocopies);
Opinions on urban planning issued by the planning department (3 photocopies);
Opinions on examination and approval of the environmental impact assessment document, issued by the environment protection department (photocopy);
Opinions on pre-examination of project land issued by the real estate department (3 photocopies);
Confirmation document issued by the competent authority on the contribution in the form of State-owned property or land use right (3 photocopies);
Letter of intent of financing issued by the bank (3 photocopies);
 
For the project not involved in bank financing, letter of intent of financing is not required.
 
Other documents that shall be submitted in accordance with relevant laws and regulations.

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