License transaction

Eligible object: entity and individual eligible for investment

Permissive conditions

Permissive basis: PRC Sino-foreign Equity Cooperative Joint Venture Law, Examination and Approval of Advance Recovery of Investment by Foreign Party according to Sino-foreign Cooperative Joint Venture’s Procedures

Item type:  Items subject to administrative approval

License type: report relevant paperwork

Examination and approval decisive authorities: Provincial Department of Finance and Ministry of Finance

Permissive way: examination and approval

Permissive amount: limit less quantity

Committed period: 30 working days

License fee: nil

Permissive basis

Enforcement regulation 002 of PRC Sino-foreign Equity Cooperative Joint Venture Law

Working procedure

Acceptance (1 working day) → examination and approval (14 working days) → approval (12 working days, including reporting) → finish (3 working days)