2.2 Registered Capital and Capital Contribution Schedule of Foreign-invested Commercial Enterprises
1. Minimum registered capital
The minimum registered capital of a foreign-invested commercial enterprise engaged in wholesale or retail should comply with the requirements of the Company Law, which stipulates that the minimum registered capital of limited liability companies is Rmb30,000, while the minimum registered capital of joint-stock limited companies is Rmb5 million. When local authorities examine and approve the applications by foreign investors, they may set the minimum registered capital requirements for different projects according to the conditions of the local economic development. For instance, at present in Guangzhou the minimum registered capital requirement on limited liability wholesale and retail enterprises is Rmb1 million, and in Shenzhen it is Rmb500,000.
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