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Application of ¡°Five types of Enterprises¡± for the Importation of Self-used Equipment, Technology and Spare Parts by Using ¡°Four types of Funds¡±

Procedure of Approval

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  1. The enterprise presents documents£»
  2. The person in charge makes a primary examination£»
  3. The section chief checks and verifies (checks and approves)£»
  4. The bureau director checks and verifies  (checks and approves)£»

   5.   To report to the province for examination and approval.

Documents for Application

For the technical reform projects of the foreign invested enterprises including the established encouraged enterprise, limited Yi-typed foreign invested enterprise, foreign invested research center, advanced technology enterprise and export-oriented enterprise, they can, on the basis of the approved business scope, import the self-used equipment and related technology, components and spare parts that can not be produced in the domestic market or the functions of those produced in the domestic market can not satisfy the requirement.

£¨1£©The enterprise that enjoys this tariff-free favorable policy must meet the following conditions£º

1£©The sources of fund must be their own funds rather than the total investment of the ¡°five types of enterprises ¡± (The specific sources are: reserved funds, development funds, depreciation and after-tax profits, abbreviated as four funds).

2£©The purpose of the importation: To replace the old equipment with the new (no including the complete set of equipment and assembly line) or to repair them within the original approved production scope.   

3£©The scope of imported goods: the equipment that can not be produced in the country or the function of home-made products can not meet the requirement (Namely not belonging to the goods in the List of Forbidding Tariff-free Imported Goods for the Domestic Investment Project.) as well as the compatible technology, components and spare parts (including those imported together with the importation of equipment or those imported separately).

£¨2£©Any enterprise that has been approved by the Foreign Trade and Economic Cooperation Department or has received the confirmation letter and has reached the above-mentioned conditions can present the following documents to our bureau for examination and verification and report to the Provincial Foreign Trade and Economic Cooperation Department for examination and approval of importation certificate:

1£©The types of Foreign Invested Enterprise¡¯s Application Form for the Importation of Self-used Equipment, Technology and Spare parts

2£©The applicant¡¯s request report to the Foreign Trade and Economic Cooperation Bureau (Attached with the examination report of the local foreign Trade and Economic Cooperation office, two originals).

3£©The board decision about the importation of self-used equipment and related technology, components and spare parts by using the own funds rather than the total investment (two originals).

4£©The relevant certificates of personal sources of funds (Mainly issued by the accounting house, and if the source of fund is related to after-tax profits, the certificate of income taxes must be provided by the taxation department, one original and one photocopy).

5£©The applicant¡¯s list of importing self-used equipment, technology and spare parts (3 originals, stamped with the seal of the enterprise).

6£©The applicant¡¯s approval of establishment and approval of its last times investment increase, contract, constitution (including supplementary contracts, constitutions, and approvals), approval certificate, business license (one photocopy of each)

7£©The encouraged and limited Yi-typed foreign invested enterprise must present the Confirmation Letter of the Domestic and Foreign Invested Projects Encouraged to Develop By the State (two photocopies).

8£©Advanced technology or export-oriented foreign invested enterprises must provide the valid confirmation letter of the advanced technology or export-oriented enterprise(two photocopies).  

9£©The name list of the enterprise¡¯s board members. 

10£©Other documents required as necessary.  

Attention

¡¡Follow the national policies of industry

Time Limit

¡¡Within four working days

Unit in Charge

¡¡Foreign Investment Management Department

Advice Hotline

¡¡Tel£º2819360        Fax £º2819350

 

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