Confirmation of Foreign Investment Projects Encouraged by State(Approval Kind) Date£º2006-5-7
Confirmation of Foreign Investment Projects Encouraged by State(Approval Kind)

Examining and Approval Procedure
A.Acceptance and Hearing
Qualifications:
Applicant shall submit the following materials:
1¡¢Application Form ( 1 original )
2¡¢Approval of Contract and Articles of Association or Approval of Capital Increase ( 1 duplicate)
3¡¢Approval Certificate ( 1 duplicate)
4¡¢Business License(1 copy)
5¡¢Asset Authentication Report ( 1 duplicate, not necessary for enterprises in their first 3 months since establishment)
6¡¢Other materials required by regulations concerned ( for further notice when necessary)
Title: *** Limited Company Application for Confirmation of Foreign Investment Projects (R&D Center) Encouraged by State

1) Company name, Company Code (see the Approval Certificate), Names of Both Parties of the Joint Venture, Approval Departments of the Contract and Articles of Association, the date, Document number, Certificate number of approval, as well as business term, business scope, total value of investment, registered capital and facts about the authentication of asset.
2)In compliance with certain Sentence and Article of Foreign Investment Industry Directory. (See the Foreign Investment Industry Directory). Provide the facts like the correspondent technology level, reasons for applying for this sentence and article, etc.
3)Approved foreign exchange line US$----- 0,000. (For first time applicant is 0). Exchange line in Application for this time is US$----0,000(for first time applicant, it¡¯s registered capital).
4)Hereby apply for Confirmation Certificate of Foreign Investment Projects Encouraged by State
5)Contact person and number

Pursuant to State Council¡¯s Notice on Adjusting the Tax Policy of Import Machinery, Urgent Notice of General Administration of Customs on Carrying out the State Council¡¯s Notice on Adjusting the Tax Policy of Import Machinery.

Criterion:
The materials submitted shall be complete, standard and valid;
The person responsible for this post: the acceptance and hearing personnel of Foreign Investment Department.
Duty and Power:
Examine and Check the application materials in accordance with the criterion for acceptance and hearing;
Accept and hear the case in time if the materials submitted are qualified; meanwhile make acceptance records, then transfer materials for examination procedure;
Those unqualified materials will not be accepted, whereas must fill in the Amendment Notice, and make all materials for further supplement and amending, the requirement for this, related rights of applicant and means for them to make complaint clear to the applicant at one time. Meanwhile apply to the higher-up for records.
Time limit: 2 working days


B. Examination
Criterion: Submitted materials shall be complete, standard and valid;
Application Project must be in compliance with the criteria and requirements stipulated in Foreign Investment Industry Directory; and the import line in the application shall be within the scope of the approved total investment or increased investment.
(Pursuant to the same as above)
Responsible person for this post: examination personnel of Foreign Investment Department
Duty and Power:
Make examination according to the examination criteria.
With respect to qualified cases, must put forward examination comment for approval; after drafting the examination documents transfer to the approval personnel together with the application materials.

With respect to those needing further amendment and supplement, put forward comment of amendment and report it to the reviewer. Then notify the applicant in written form at only one time. Upon receiving the amended and complete materials, make a second examination and then, after drafting the examination documents, transfer to the approval personnel together with the application materials.
With respect to unqualified cases, terminate the examination, but must sign the comment of disapproval and state reasons before transfer to the approval personnel.
Time Limit: 3 working days

C. Approval
Criterion: Same as the examination criterion.
Responsible person for this post: Director of Foreign Investment Department in charge
Duty and Power:
Make approval to the examination comment according to the approval Criterion.
If agree to the examination comment, put forward approval comment in the document of approval, and return it to the acceptance personnel.
If disagree to the examination comment, exchange ideas with the examiner, put forward the approval comment and reasons and fill them in the document, then return it to the acceptance personnel by way of the original means.
Time Limit: 3 working days


D. Notification
Person responsible for this post: acceptance and hearing personnel in Foreign Investment Department
Criteria:
1.Notify the applicant the result of the matter handled timely and accurately;
2.Make the certificate complete, accurate and valid;
3.Keep the examination documents complete and standard for file.
Duty and Power:
Make notification as per the criterion, issue the Confirmation Certificate and keep on records and files.

For the approved application, make documents concerned and notify the applicant to receive. If permitted, announce the result by way of the Internet or other means;

For the unapproved cases, make the reasons and related rights of applicants, as well as the means to make complaint all known to the applicant at one time, and return the application materials to applicant.

When the examination work is finished, keep all the documents made during the course of examination in file as per the requirement.
Time Limit: 2 working days




 

 

 
 

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