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Provisions on the Establishment of Foreign-Funded Construction Enterprises
(Promulgated by the Ministry of Construction and the Ministry of Foreign Trade and Economic Cooperation on September 18, 1995)

Article 1

Article 2

Article 3

Article 4

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

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Manifest

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China - Provisions on the Establishment of Foreign-Funded Construction Enterprises, 1995

MOFTEC

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Provisions on the Establishment of Foreign-Funded Construction Enterprises
(Promulgated by the Ministry of Construction and the Ministry of Foreign Trade and Economic Cooperation on September 18, 1995)

Article 7

Apart from meeting the legal requirements, the establishment of a foreign-funded construction enterprise shall meet the following conditions:

(1) The Chinese partner to a foreign-funded construction enterprise shall be a construction enterprise with at least the second-grade qualification certificate; the foreign partner shall be a construction enterprise with the status of a legal person that has a high level of technology and management and a good reputation.

(2) The applicant foreign-funded construction enterprise can import or adopt advanced international technology and equipment for construction and can train Chinese personnel in engineering and management.

(3) The registered capital shall meet the following requirements:

The registered capital shall not be lower than US$ 10 million for first-grade construction engineering enterprises, US$ 5 million for second-grade construction engineering enterprises and US $ 1.6 million for third-grade construction engineering enterprises.

The registered capital shall not be less than US$2 million for first-grade construction decoration and fitting enterprises; US$1.5 million for second-grade decoration and fitting enterprises, and US$600,000 for third-grade decoration and fittings enterprises.


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