Approval and Examination Procedures for Establishment of Foreign-invested Commercial Enterprises and Their Shop
Step 1: Application for Establishment
An investor interested in establishing a foreign-invested commercial enterprise or a foreign-invested commercial enterprise interested in setting up shop should submit the required application documents to the provincial commerce authorities at the place where the foreign-invested commercial enterprise is registered.
After making a preliminary examination of the submitted documents, the provincial commerce authorities would forward the application to the Ministry of Commerce within one month from the receipt of all the application documents.
The Ministry of Commerce should decide whether or not to approve the application within three months from the receipt of all the application documents and should issue an Approval Certificate for Foreign-invested Commercial Enterprises to the successful applicant.
Provided that all the conditions are met and that the scope of business does not involve TV, telephone, mail-order, Internet, vending machines, books, newspapers, periodicals, refined oil products, pharmaceuticals or automobiles, applications from retail foreign-invested commercial enterprises for setting up shop in areas within the provincial jurisdiction of the place where they are located may be examined and approved by the respective provincial commerce authorities. The applications would then be reported to the Ministry of Commerce for the record.
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