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1、依照《中外合资经营企业法》批准在中国境内设立的中外合资经营企业(以下简称合营企业)是中国的法人,受中国法律的管辖和保护。
2、在中国境内设立的合营企业,应当能够促进中国经济的发展和科学技术水平的提高,有利于社会主义现代化建设。
国家鼓励、允许、限制或者禁止设立合营企业的行业,按照国家指导外商投资方向的规定及外商投资产业指导目录执行。
3、在中国境内设立合营企业,必须经中华人民共和国对外贸易经济合作部(以下简称对外贸易经济合作部)审查批准。批准后,由对外贸易经济合作部发给批准证书。
4、凡具备下列条件的,国务院授权省、自治区、直辖市人民政府或者国务院有关部门审批:
(1)投资总额在国务院规定的投资审批权限以内,中国合营者的资金来源已经落实的;
(2)不需要国家增拨原材料,不影响染料、动力、交通运输、外贸出口配额等方面的全国平衡的
依照前款批准设立的合营企业,应当报对外贸易经济合作部备案。
对外贸易经济合作部和国务院授权的省、自治区、直辖市人民政府或者国务院有关部门,以下统称审批机构:
5、申请设立合营企业,由中外合营者共同向审批机构报送下列文件:
(1)设立合营企业的申请书;
(2)合营各方共同编制的可行性研究报告;
(3)由合营各方授权代表签署的合营企业协议、合同和章程;
(4)由合营各方委派的合营企业董事长、副董事长、董事人选名单;
(5)审批机构规定的其他文件;
前款所列文件必须用中文书写,其中第(2)、(3)、(4)项文件可以同时用合营各方商定的一种外文书写,两种文字书写的丈件具有同等效力。
Establishment of Joint Ventures
1. Chinese-foreign equity joint ventures (hereinafter referred to as joint ventures) established within Chinese territory upon approval in accordance with the Law on Chinese-Foreign Equity Joint Ventures are Chinese legal persons, who shall be governed and protected by Chinese law.
2. Joint ventures established within Chinese territory shall be able to promote the development of the economy and the enhancement of the science and technology of China and facilitate China's socialist modernization.
Industries in which the establishment of joint ventures is encouraged, permitted, restricted or prohibited by the State shall be determined in accordance with the provisions of the State in the Regulations on Foreign Investment Guidelines and the Guideline Catalogue of Foreign Investment Industries.
3. The establishment of a joint venture in China shall be subject to the examination and approval by the Ministry of Foreign Trade and Economic Cooperation of the People's Republic of China (MOFIEC). After approval, MOFIEC shall issue a certificate of approval thereof.
4. The State Council shall delegate to the people's governments of the provinces, autonomous regions and municipalities directly under the Central Government or the relevant departments under the State Council the power to examine and approve joint ventures which meet the following conditions:
(1) The total investment of a joint venture is within the amount limited by the authority as granted by the State Council for examination and approval of investment, and the source of capital of the Chinese party has been ascertained; and
(2) No additional allocation of raw materials by the State is required, and the national balance in respect of fuel, power, transportation and foreign trade export quota is not affected.
Joint ventures established in accordance with provisions of the preceding paragraphs shall be reported to MOFIEC for the record.
MOFIEC and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government authorized by the State Council or the relevant departments under the State Council shall hereinafter be referred to as the examination and approval authority.
5. When applying for establishing a joint venture, the Chinese and foreign parties shall jointly submit the following documents to the examination and approval authority:
(1) an application for the establishment of the joint venture;
(2) the feasibility study report jointly prepared by the parties to the joint venture;
(3) the joint venture agreement, contract and articles of association executed by the duly authorized representatives of the parties to the joint venture;
(4) the list of candidates for the chairman. vie-chairman and directors of the joint venture nominated by the parties to the joint venture; and
(5) other documents specified by the examination and approval authority.
The documents listed in the preceding paragraphs must be written in Chinese. Documents (2), (3) and (4) may be written simultaneously in a foreign language agreed upon by the parties to the joint venture. Documents written in both languages shall be equally authentic.