Letter of Confirmation for Foreign-funded Enterprises Applying for Projects Falling within the Encouragement Category
2009.07.20

1. Legal Basis
(1) Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures and the Regulations for its implementation;
(2) Law of the People’s Republic of China on Chinese-Foreign Contractual Joint Ventures and the Rules for its implementation;
(3)
Law of the Peoples Republic of China on Foreign-capital Enterprises and the Rules for its implementation; and
(4)
Catalogue for the Guidance of Foreign Investment Industries (No.21 Decree [2004] of the State Development Planning Commission, State Economic and Trade Commission and Ministry of Foreign Trade and Economic Cooperation.)

 (5) Circular of the State Council Concerning the Adjustment in the Taxation Policy of Import Equipment (No.37 Decree [1997]);

Circular on the Implementation of Relevant Issues in the State Council’s Adjustment in the Taxation Policy of Import Equipment promulgated by the State Planning Commission, State Economic and Trade Commission, Ministry of Foreign Trade and Economic Cooperation and General Administration of Customs (No.250 Decree [1998])

2. Transaction Procedure
Enterprises shall go to the Bureau of Foreign Trade and Economic Cooperation of Foshan for transaction with the document of approval.

 

3. Documentary Requirements
(1) Application for Letter of Confirmation for Foreign-funded Projects Encouraged by the State (one original);
(2) Explanatory Table of the Business Scope of Foreign-funded Enterprises (one original);
 (3) Official reply to the contract of the joint venture project, cooperation project and the constitution of the solely foreign funded project (two originals);
(4) Contract of the joint venture and cooperation project, the constitution of the solely foreign funded project (two copies);
(5) List of the imported equipment of foreign-funded enterprises (with seals for confirmation by the investment party and the examination and approval authorities, two originals);
(6) Business license (two copies), certificate of approval (three copies);
(7) For projects with further investment, relevant official reply acquired when the enterprise was established and the last follow-up capital was injected shall be provided (one copy).

Tables required by (1) and (2) shall be printed and made by the Bureau of Foreign Trade and Economic Cooperation of Foshan in uniform layout. For projects of a district, the enterprise shall fill out and seal the tables and submit them to the local department of foreign trade and economic cooperation for endorsement of opinion before handing them over for transaction with other documents.
4. Time for Examination and Verification: official reply shall be given or the application be submitted to authorities at a higher level within five working days after all documents required are ready.

 

Responsible department: Foreign Investment Promotion Section

Responsible person: Li Min


Consultation Tel: 83367580
83286918 8380892183355734

E-mail:wstzcj@fsiet.gov.cn  wjyjk@163.net