What Are The Conditions For The Establishment Of Enterprises Established By Sino Foreign Joint Venture?

What are the conditions for the establishment of enterprises established by Sino foreign joint venture?

The enterprises established by Sino foreign joint venture shall have the following conditions: (1) comply with the provisions of the state laws.

The 2 is in line with the needs of social and economic development.

(3) the members of the enterprise meet the statutory requirements and have the ability to fulfill their contractual obligations.

(4) has the ability to adapt to the scale of business and property.

(5) the contracts and articles of association of the enterprises conform to the laws of foreign invested enterprises and reflect the spirit of equality and mutual benefit.

If the total amount is less than 3 million dollars (including 3 million dollars), its registered capital should at least account for 7/10 of the total investment; second, the total investment amount of more than 3 million US dollars to 10 million US dollars (including 10 million US dollars) should be at least 1/2 of the total investment. If the total investment is below 4 million 200 thousand US dollars, the registered capital should not be less than 2 million 100 thousand dollars; third, the total investment amount in the 10 million dollars or above to the US dollar (including the US dollar), the registered capital should at least account for the total investment amount. The total registered capital should be no less than US dollars if the total investment is less than US $. (6) the proportion of registered capital and total investment of a Sino foreign joint venture shall be as follows: (1) investment

(7) in the registered capital of a joint venture, the investment proportion of a foreign joint venture shall not be less than 25%.