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Question Eleven:

I am planning to increase investment in Dongguan and how to do that?

Answer:

Bring along all required documents to the Foreign Investment Management Office of the Foreign Economy & Trade Administration of Dongguan for registration alteration approval and then to other authorities like the Commercial & Industrial Administration of Dongguan for filing.

(1) Application for investment supplementation of foreign investment related enterprise to the Foreign Economy & Trade Administration of Dongguan for approval submitted by the local Foreign Economy & Trade Administration of Dongguan offices;

(2) Supplemented contract as well as charter involving this investment supplementation event (only the supplemented charter required by the foreign investment venture). If the increased investment lies in the equipment capital, the equipment list is required to be provided;

(3) Resolution concluded by the Board of Directors;

(4) Original contract and charter, previous supplemented contracts, charters (only charter as well as supplemented charter required by the foreign investment venture), duplicate of permit paper, original and counterpart No.2 annual inspection pass (genuine) and operation license (duplicate);

(5) Audit report;

(6) Other required documents.

Tips

A .As for newly-added shareholders from foreign investment enterprise, they should contribute capital accounting for not less than 20% of registered capital supplement, which should be proved by a Capital Verification Report. And this report is required to be presented for investors when handling the procedure of registered capital alteration registration in the Commercial & Industrial Administration of Dongguan.

B .As per the capital contribution method set out in the Corporation Law that the amount of capital contributed via currency should not be less than 30% of registered capital, it is suggested that all foreign investment enterprises with intention to increase investment should fulfill the extra capital contribution via currency.

Welcome

Dongguan is a newly-rising industrialized city in China, which is well-known for its developed manufacturing and industrial chain. Meanwhile, it is an international manufacturing base with pillar industries of electronic information, communication equipment, textile and garment, furniture, building material, toy, paper-making, food and beverage, hardware and plastics, etc. Take Dongguan’s IT industry for example, more than 3700 enterprises establish an important manufacturing base and sourcing center of IT products in the world.

What's New

Mayor of Dongguan city, Yuan Baocheng, met the Hungarian delegation led by Istvan Uihelyi, vice chairman of Hungary Parliament, on November 18th.
China Foreign Trade E-Commerce Meet ing & The 2nd FTF Annual Meeting 2012 was held in Song Shan Lake, central part of Dongguan city, on November 8th.
China Processing Trade Products Fair (CPTPF), held from September 16 to 19, consisted of 10 special events such as the high-level forum for development of processing trade, high-level dialog of circulation trade enterprises and processing trade enterprises and procurement linkage, which increased the influence and effectiveness of CPTPF and achieved a win-win deal.
Humen Port succeeded in attracting the project of South China Petrochemical Trading Center, up to 3 billion RMB, at a recent promotion in Shenzhen.

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