Chinese-Foreign Equity Joint Ventures, Chinese-Foreign Cooperative Joint Ventures, and Wholly Foreign-Owned Enterprises are the three main forms of foreign investment in China. Other investment forms include Joint Stock Limited Companies with Foreign Investment, Foreign Investment Companies, Chinese-Foreign Cooperative Exploitation, and BOT.
The permanent representative office of foreign enterprise (such as office or representative office) means no-profitable office established by foreign company to engage in operation related under the stipulations. The representative office is not qualified of legal person. Such a representative office is only engaged in indirect operation, i.e. contact and correspondence, promotion, market investigation, technology exchange, etc.
Procedures for Establishing Chinese-Foreign Equity Joint Ventures (EJV), Chinese-Foreign Cooperative Joint Ventures (CJV) and Wholly Foreign Owned Enterprises (WFOEs)
The establishment procedure of normal foreign-invested enterprises includes name pre-registration, establishment approval, obtaining a business license and post-establishment registrations. Some specific industries are required to be supervised by special authorities.
Any investment project will not be approved by the Wuhan Economic & Technological Development Zone (Hannan), referred to as WHDZ, until it goes through the following procedures.
