| No. |
Item |
Content
|
Document required by authorities |
Undertaker |
Authorities of approval |
| 1 |
Fixing on the project of investment |
Signing the investment letter of intent |
|
Foreign Investors, and Chinese partners (for Joint
venture); Foreign Investors and their agent (for exclusive
investment venture) |
|
| 2 |
Approval of Project proposal |
Preparation
of project proposal
|
|
Same as above |
|
| 2. Pre-Appraisal of environment effect of the project |
Project proposal |
Chinese partners or agent |
The Bureau of Environment Protection (BOEP)
of Zhaoyuan, and BOEP of Yantai |
| 3. Permission for approval of project proposal (only
for projects of restricted foreign investment Industries
(A&B), quota or permission of import and export, trial
projects and special Industries) |
Application ofPermission
for Approval of project proposal, Project proposal,investment letter of intent, credit certificate
of foreign investor, business license, statement of assets
and liabilities, Credentials of legal representative,
etc. |
Chinese partners or agent |
Submitted the documents by authorities of Zhaoyuan
to superior authorities and apply for approvalProjects
of restricted foreign investment Industries (A) shall
be approved by provincial authorities.Projects of restricted
foreign investment Industries (B) shall be approved by
state authorities. |
| 4. Approval
of project proposal |
All the above mentioned
Documents and appraisal of environment protection, Permission for approval of project proposal
from the authorities, etc¡£
|
Chinese partners or agent |
The encouraged projects under the amount of US$30
million, which needn¡¯t balanced by the state shall be
approved by Yantai Development Planning Bureau (DPB).The
projects over US$30 million or restricted foreign investment Industries
(A) shall be approved by DPB of Shandong.The projects
over US$30 million or restricted foreign investment Industries
(B) or the projects need to be balanced by the state shall
be approved by DPB of the state or other authorities. |
| 3 |
Enterprise name register |
Fix on the name of the investment enterprise |
All the above mentioned documents |
Chinese partners or agent |
The Bureau of Industrial & Commercial Administration
(BICA).
It shall be registered by the state of BICA if
the name contains CHINA and registered by BICA of Shandong
if the name contains SHANDONG.
|
| 4 |
Approval of feasibility
research
|
1. Preparation of feasibility report |
|
Foreign investors, Chinese partners or agent |
|
| 2. Approval of feasibility report |
All the mentioned documents, feasibility report,certificate of
land using issued by Bureau of Land and Resources, rental
agreements of land and building, etc |
Chinese partners or agent |
The same authorities with approval of project proposal |
| 5 |
Approval of the contract and article
of association and issuance of the certificate of approval
for the investment enterprise |
1. Signing the contract, article of association |
|
Foreign investors, Chinese partners |
|
| 2.Approval of the contract and article of association
and issuance of the certificate of approval for the investment
enterprise |
All the above mentioned documents, contract
and article of association, list of members of board of
directors, the accrediting letter and the passports copies
of the members, etc. |
Chinese partners or agent |
The Bureau of Foreign Trade & Economic
Cooperation (BOFTEC) of Zhaoyuan and the superior (the
same level with the approval of feasibility report. |
| 6 |
Application of enterprise code |
|
Form of enterprise¡¯s name register, certificate of
approval, identification card of the legal representative
of the investment enterprise |
Chinese partners or agent |
Bureau of Quality and Technical Supervision of Yantai |
| 7 |
Investment enterprise register |
|
All the above mentioned documents, recommended
letter of GM & Vice-GM, their resumes and photos,
etc. |
Chinese partners or agent |
The Bureau of Industrial & Commercial
Administration (BICA) It shall be registered by the state
of BICA if the name contains CHINA, and registered by
BICA of Shandong if the name contains SHANDONG. |
| 8 |
Put the enterprise on records at relative authorities
or departments |
|
Bound edition of all above mentioned document |
Chinese partners or agent |
Bureau of Foreign Exchange Administration, Bank, state
and local tax bureau, custom, etc. of Zhaoyuan and Yantai. |
