Chinese-foreign joint venture registration conditions
Chinese-foreign joint ventures refer to enterprises jointly organized by foreign companies, enterprises and other economic organizations or individuals in China with Chinese companies, enterprises or other economic organizations.
The form of a Chinese-foreign joint venture is a limited liability company.
Generally,Chinese natural persons cannot become shareholders of Chinese-foreign joint ventures; in the registered capital of joint ventures, the proportion of foreign joint ventures' investment is generally not less than 25 percent.
A Chinese-foreign joint venture in a high-tech enterprise registered in Beijing Zhongguancun Science and Technology Park, Chinese citizens can contribute capital as natural persons.
The parties to the joint venture share profits and share risks and losses in proportion to the registered capital.
Materials required for registration of a Chinese-foreign joint venture
2.Cooperation project proposal, copy of feasibility analysis report (including text and economic part), approval document issued by the National Development and Reform Commission, etc.;
3.A copy of the Chinese party business license.
4.If the foreign investor is a company, it is required to provide its Certificate of Incorporation and valid identification documents of the legal representative (should be notarized by the notary public of the foreign country and certified by the Chinese Embassy or Consulate in that country). If the foreign investor is a natural person, it is required to provide a copy of its ID card (should be notarized by the notary public of the foreign country and certified by the Chinese Embassy or Consulate in that country).
5.Copy of house property certificate and lease agreement.
6.If the business scope involves the permission of other relevant government departments, the pre-approval documents shall be processed in advance or the post-approval documents shall be processed.
7.List of board members and copy of identity certificate.
8.If the Chinese party invests in state-owned assets, it must provide a corresponding assessment report and a capital contribution permit.
9.A copy of the identity certificate of the legal representative and supervisor.