(a) the average annual trade volume with China in the three years before the application of foreign investors is more than 30 million US dollars; For joint venture foreign trade companies registered in the central and western regions, the average annual trade volume with China in the first three years of application by foreign investors is more than 20 million US dollars.
(2) China investors should have the right to operate foreign trade; The average annual import and export volume in the three years before the application is more than 30 million US dollars; If a joint venture foreign trade company is registered in the central and western regions, the average annual import and export volume of China investors in the three years before the application is more than 20 million US dollars.
(3) A joint foreign trade company shall meet the following conditions:
1, with a registered capital of not less than 50 million yuan; Registered in the central and western regions, the registered capital shall not be less than 30 million yuan;
2. Have its own name and organization;
3. Having business premises, professionals and other necessary material conditions suitable for its foreign trade activities.
Extended data:
Article 5? To apply for the establishment of a joint venture foreign trade company, China investors shall submit the following documents to the Ministry of Foreign Trade and Economic Cooperation (hereinafter referred to as MOFTEC) through the local foreign trade department:
(1) Project proposal, feasibility study report, contract and articles of association signed by Chinese and foreign parties;
(2) Registration certificate (photocopy), credit certificate and legal representative certificate of both Chinese and foreign parties;
(3) Catalogue of import and export commodities of the foreign trade joint venture company to be established;
(4) Annual accounting statements of Chinese and foreign parties in the last three years audited by an accounting firm;
(5) Other documents required by MOFTEC.
The MOFTEC shall examine the materials submitted by various localities, give a reply to the qualified enterprises within 90 days from the date of receiving all the documents, and issue the approval certificate for foreign-invested enterprises.
Article 6 After the application for establishing a joint venture foreign trade company is approved, the applicant shall, within one month from the date of approval, apply to the State Administration for Industry and Commerce or its authorized local administration for industry and commerce for registration, and report to the tax authorities for tax registration according to law.
Seventh foreign investors and China investors can use monetary funds, physical and intangible assets (including industrial property rights, proprietary technology and the right to use the site). All parties to a joint venture foreign trade company shall, in accordance with relevant state regulations, pay their respective capital contributions on schedule.
Baidu Encyclopedia-Interim Measures for the Establishment of Sino-foreign Joint Venture Foreign Trade Companies
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