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Termination in Advance or at
Expiration of a Foreign Invested Enterprise

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 (if necessary).

Documents for Application

The following documents should be presented£º

£¨1£©The announcement of the enterprise¡¯s ending published in Southern China Daily;  

£¨2£©After 30 days of the announcement, the enterprise present the following documents:   

1£©The application for disbanding the enterprise (joint venture or corporative) or the application of ending (solely invested);

2£©The decision made by the board and the views each investment party about the ending (suspending);

3£©The enterprise¡¯ original contract, constitution, supplementary contracts and constitutions added each times (A foreign invested enterprise only needs to present the constitution and supplementary constitutions.) and related approval documents;

4£©The original and two copies of the approval certificate of the enterprise (original);   

5£©The local (or the city) foreign trade and economic cooperation office¡¯s request report to the Foreign Trade and Economic Cooperation Bureau of the city concerning the ending (suspending) of a ¡°three-types-of-foreign-funded¡± enterprise;

6£©The newspaper publishing the ¡°announcement of termination

7£©The valid name list of the board members;

8£©Other documents required as necessary.   

£¨3£©The enterprise reports the statement of clearing to the taxation institution, the customs, the industrial and commercial administration bureau to complete the formalities of cancellation.

Attention

¡¡Be in conformity with 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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