Minimum Registered Capital – JV & WFOE
As a China Policy, the registered capital of a WFOE or JV is the amount of capital contribution actually paid up by all shareholders of the China Investment and proof of which is to be submitted to the company registration authority.
The registered capital of a WFOE or JV shall not be less than 30,000 RMB (100,000 RMB if the WFOE has only one director). The initial capital injection must not be less than 20% of the registered capital and balance must be injected within two years.
It must be stressed however, that there are a number of exceptions to this area of company law. The most important aspect is that local governments have the ability to increase the minimum registered capital amount and decrease the period of time that it must be injected. Additionally, higher registered capital amounts can be required for the right to export, companies participating in certain industries and companies engaging in certain JV partnerships.
One call or email to ChinaFIG will quickly settle your query on the minimum registered capital registration requirements for a specific location and specific industry!
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