What is a foreign-funded company

　　一、什么是外资企业

　　A foreign-capital company is a wholly foreign-owned enterprise. It refers to an enterprise established within the territory of China with all the capital invested by a foreign investor in accordance with the relevant laws of China. It is a Chinese legal person, excluding the branches of foreign companies and other economic organizations in the territory of China. There are two specific forms: joint venture and wholly foreign-owned.

　　外资企业即外商独资经营企业，是指依照中国有关法律在中国境内设立的全部资本由外国投资者投资的开办的企业，是中国法人，不包括外国的企业和其他经济组织在中国境内的分支机构。 其具体形式有外商合资和外商独资两种。

　　Two, five types

　　二、五大类型

　　Sino-foreign cooperative enterprise

　　中外合作企业

　　A Chinese-foreign contractual joint venture is a contractual enterprise established within the territory of China by a foreign enterprise, other economic organization or individual and a Chinese enterprise or other economic organization. The conditions for cooperation, income distribution, risk and loss sharing, investment recovery, operation and management methods, and ownership of the remaining property upon the termination of the cooperation, etc. shall be stipulated in the contract. Sino-foreign cooperative joint venture enterprises and sino-foreign joint venture is the most important difference is that all parties in the investment or cooperation conditions can not convert into equity or convert into equity, but between the income allocation, risk bearing, debt and the distribution of the remaining assets, etc., at the termination of the enterprise can not completely according to the incomplete or according to the condition of the equity of its investment to decide. The mode of investment recovery and operation and management can also be different from that of a joint venture, with greater flexibility.

　　中外合作企业，是由外国的企业、其他经济组织或个人，同中国的企业或其他经济组织，在中国境内举办的契约式企业。合作各方的合作条件、收益分配、风险和亏损分担、投资回收和经营管理方式及合作终止时剩余财产的归属等，均在合同中约定。中外合作经营企业与中外合资经营企业最重要的区别是，合作各方的投资或合作条件可以不折算成股权或者虽折算成股权，但收益分配、风险承担、债务分担及企业终止时剩余财产的分配等，可完全不按或不完全按其投资的股权状况来决定。投资回收方式和经营管理方式也可与合资企业不同，有更大的灵活性。

　　Sino-foreign joint venture

　　中外合资企业

　　A Sino-foreign equity joint venture is a shareholding limited liability company in which foreign companies, enterprises and other economic organizations or individuals and Chinese companies, enterprises or other economic organizations jointly invest, operate, share profits and bear risks within the territory of China. The parties to the investment shall share the profits, risks and losses in proportion to the registered capital investment (equity).

　　中外合资企业，是由外国企业、企业和其他经济组织或个人，同中国的企业、企业或其他经济组织，在中国境内共同投资、共同经营、共享利润、共担风险的股权式有限责任企业。投资各方按注册资本投资比例(股权)分享利润和分担风险及亏损。

　　Wholly foreign-owned enterprise

　　外商独资企业

　　A wholly foreign-owned enterprise is an enterprise established in China by a foreign enterprise, other economic organization or individual with all the capital invested by foreign investors. All profits made by the enterprise belong to the foreign investors.

　　外商独资企业，是由外国的企业、其他经济组织或个人，在中国境内设立的全部资本由外国投资者投资的企业，又称外商独资企业。企业所获利润全部归外国投资者所有。

　　Foreign Investment Co., Ltd

　　外商投资股份有限企业

　　In a foreign-invested joint stock limited company, the total capital is composed of shares of equal value, and the shareholders are liable to the company with the shares they have subscribed for, and the company is liable to the company's debts with all its property. An enterprise legal person whose shares purchased and held by foreign shareholders account for more than 25% of the company's registered capital. The company may be established by means of initiation or fundraising.

　　外商投资股份有限企业，是全部资本由等额股份构成，股东以其所认购的股份对企业承担责任，企业以全部财产对企业债务承担责任。其中外国股东购买并持有的股份占企业注册资本25%以上的企业法人。企业可采取发起方式或者募集方式设立。外商投资性企业，外国投资者在中国以独资或与中国投资者合资的形式设立的从事直接投资的企业。企业形式为有限责任企业。

　　Companies with foreign investment

　　三、外资企业注册要求

　　A company with foreign investment, a company established in China by a foreign investor solely or in the form of a joint venture with a Chinese investor for direct investment. The company is a limited liability company.

　　外商投资性企业，外国投资者在中国以独资或与中国投资者合资的形式设立的从事直接投资的企业。企业形式为有限责任企业。

　　III. Registration requirements for foreign-funded companies

　　三、外资企业注册要求

　　1. Productive enterprises

　　1、生产性企业

　　The enterprise income tax for productive foreign investment enterprises established in Shanghai shall be levied at the rate of 24%. The enterprise income tax for productive foreign investment enterprises set up in pudong new area shall be levied at a reduced tax rate of 15%.

　　在上海市内兴办的生产性外商投资企业按24%的税率征收企业所得税。浦东新区内设立的生产性外商投资企业减按15%的税率征收企业所得税。

　　2. Trading enterprises

　　2、贸易性企业

　　Income tax rate: 25% in the city; (Effective from January 1, 2008) VAT of 17%, business tax of 3-5%, the same in all parts of Shanghai; The registered capital is equivalent to USD 500,000 RMB; When applying for general taxpayer, the registered capital is required to reach US $1 million RMB.

　　所得税率：市内25%;(2008年1月1日起实行) 增值税17%，营业税3-5%，上海市各地相同; 注册资本相当于50万元人民币的美金; 申请一般纳税人时要求注册资本达到相当于100万元人民币的美金;

　　3. RMB 500,000 for a company mainly engaged in production and operation or commodity wholesale;

　　3、以生产经营为主或以商品批发为主的企业50万元人民币;

　　4. RMB 300,000 for a company mainly engaged in commercial retail;

　　4、以商业零售为主的企业30万元人民币;

　　5, technology development, consulting, service companies 100,000 RMB;

　　5、科技开发、咨询、服务性企业10万元人民币;

　　Note: the specific registered capital of foreign companies and the enterprise main project operation amount to match, in detail, please take the latest enterprise registration center in Hunan and Shanghai as the standard.

　　备注：具体注册外资企业的资本要与企业主营项目运作金额匹配，详细请以湘沪企业注册中心最新的为标准。

　　四、外资企业注册都需要提交什么资料

　　1、外资企业股东、外商独资企业的股东可以为外国企业，也可以外国居民中外合资企业的股东，对于中方股东有特殊要求，即中方股东不能是中国居民，必须是中国企业。

　　2、外资企业监事。若设监事会，至少需三名监事成员。若不设监事会，可设一名监事即可,监事可以是外国个人也可以是中国大陆居民。在办理外资企业注册时，需提交监事的身份证明。

　　3、外资企业董事。投资企业成立时，可以设董事会，也可以不设董事会，若不设董事会，需设一名实行董事。外资企业董事或实行董事既可以聘请大陆居民也可以委派外国个人担任外资企业注册时，董事需出具身份证明材料。

　　4、在中国大陆注册外资企业无最低注册资金要求，注册资金可以是：人民币、美金、英镑、港元、欧元等大币种体现在营业执照上，现汇方式建议以外币现汇或境外人民币现汇，要求五年内缴清。

　　5、外资企业企业名称。外资注册企业时，首先要进行企业名称核准，需提交多个企业名称进行查名。

　　6、经营范围。外资注册企业时，经营范围必须要明确，以后的业务范围不能超出企业经营范围。经营范围字数在100个字以内，包括标点符号中国对外资企业注册登记是实行审批制的，有些行业，如矿产、零售等是属于外资限制进入的行业，需中国商务部审批。

　　7、企业注册地址。企业注册地址必须是商用的办公地址，需提供租赁协议、房产证复印件及租赁发票。

　　8、法定代表人外资企业需设一名法人代表，法人代表可以是股东之一，也可以聘请。外资企业或中外合资企业的法人代表，既可以选择中国人也可以是外国人。外资企业注册时，需提交法定代表人身份证明及照片。