Tips for Qianhai Foreign investment

Qianhai Company Registration Services
Hotline: 86-755-82147392, Email:info@citilinkia.com

For all the foreign investors who have desires and willingness to estbalish company in Qianhai area , they need know many rules and policies issued by goverment, that will be assistant to aid them do business legally .

investment company established with foreign investment which plans to apply to engage in additional distribution activities:
1) If the investment company wishes to distribute products from enterprises in which it has not invested, it should apply to add the activity to its business scope pursuant to Measures for the Administration on Foreign Investment in Commercial Fields and amend relevant contracts and the Articles of Association accordingly.

2) If the investment company wishes to pay its registered capital in installments, it must first satisfy the provision of Article 8 under “the Establishment of Companies with an Investment Nature by Foreign Investors Provisions”.

3) Distribution scope of investment companies includes products or similar products of multinational companies and/or related holding companies without restrictions on their regional HQ’s marketing activities. They must complete the Application for Expanding the Product Scope for Distribution of Investment Companies/Regional Headquarters

4) Where an investment company wishes to set up retail stores to market products manufactured by enterprises in which is not a shareholder, it must first satisfy the provisions under the Measures for the Administration on Foreign Investment in Commercial Fields.

Question : Are Foreign-funded Enterprises intending to add advertising to their Business Scope required to obtain ex ante approvals?

Answer : According to “the Provisions on the Administration of Foreign-invested Advertising Enterprises” (Order of the State Administration for Industry and Commerce and the Ministry of Commerce No. 35 [2008]), all enterprises wishing to alter their Business Scope must apply for examination and approval. Such applications should be made after the company in question obtains the “Opinion on the Examination and Approval of the Foreign-funded Advertising Enterprise Project” from the relevant industrial and commercial registration authorities.

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