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Business Establishment Basic Requirements – PRC Company Law
The establishment of a Foreign Invested Enterprise shall not have more than 50 shareholders and must satisfy the following conditions:
1. The number of shareholders accords with the quorum;
2. The amount of capital contributions paid by the shareholders reaches the statutory minimum amount of the registered capital;
3. The articles of association are worked out jointly by shareholders;
4. The company has a name and its organizational structure complies with that of a limited liability company;
5. The company has a domicile.
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