Qianhai Company Registration Services
Hotline: 86-755-82147392, Email:info@citilinkia.com
Question: Can enterprises apply to increase their total investment without increasing their registered capital?
Answer: No. Where increments in total investment are not accompanied by an increase in registered capital, companies will only be allowed to increase the registered capital.
Question: What is the minimum registered capital for Foreign-invested Venture Capital Investment Enterprises ?
Answer: According to the “Provisions on the Administration of Foreign-invested Venture Capital Investment Enterprises”, the minimum total contribution subscribed for investors of Foreign-invested Venture Capital Investment Enterprises that have not been established under a legal-person system, is US$10 million. The minimum total contribution subscribed for investors of Foreign-invested Venture Capital Investment Enterprises under a corporate system is US$5 million.
Board of Directors and legal representative(s) for Qianhai Foreign Investments :
|
Type of Business |
Board of Directors |
Should the legal representative be the Chairman or an Executive Director? |
|
Sino-Foreign Equity Joint Ventures |
The legal representative must be the Chairman |
The legal representative must be the Chairman |
|
Sino-Foreign Co-operative Joint Ventures |
Must establish a Board of Directors or a Joint Managerial Institution |
The legal representative must be the Chairman or the Director of the Joint Managerial Institution
|
|
Wholly Foreign-Owned Enterprises |
Does not necessarily need to set up a Board of Directors, but must appoint one Executive Director |
The legal representative must be the Chairman, an Executive Director or a Manager |
Question: If a Company with Foreign Investment makes a contribution past the permitted contribution schedule will its application still be processed?
Answer: Yes, but only if the enterprise settles the overdue contribution within one month and applies to register the alteration of its paid-in capital within one month. In cases where enterprises pay their overdue contribution within one month and yet fail to apply for registration alteration of their paid-in capital within one month, or settle their overdue contribution after one month, such enterprises must first also obtain legally based directions from the sub-bureau General Department of the jurisdiction where they are located and only apply for registration alterations after any restrictions have been lifted.
Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82147392, 86-755-82143512, or emailing to info@citilinkia.com