China FIPE Registration
Hotline: 86-755-82148419, Email: susiehu@citilinkia.com, Wechat: 13823131503
Since March 1, 2010: Measures of Registration of Foreign Invested Partnership Enterprises (FIPE) in China is taking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Registration of Partnership Enterprise in China by Foreign Enterprises or Individuals. Ther's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Shanghai, Beijing, Shenzhen, Hangzhou and rest cities of China. Information provided below will guide you to:
Introduction to FIPE
The Foreign Invested Partnership Enterprise (FIPE) is a unlimited liability business entity without minium requirements on registered capital.A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People's Republic of China to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested.
Since June 1, 2007, Partnership Enterprise Law came into force and established partnerships as a legal business entity, Foreign Enterprises or Individuals establish Partnership Enterprise is not allowed only until March 1, 2010. Here's the Foreign Invested Partnership Enterprise Law. According to State Administration of Industry and Commerce (SAIC), From March 1, 2010- December 31, 2010, there were about 68 Foreign Invested Partnership Enterprise (FIPE) be established in China. The number of FIPE registration in China is quite small for the first year is just because overseas investors don't familar this type of business in China.
The term partnership enterprise refers to general partnerships and limited partnerships which may be established within China by individuals, legal persons and other organizations. A state-funded company, state-owned company, listed company, public welfare-oriented public institution or social organization may not become a general partner of a limited partnership
Investors of Partnership Enterprise
The Minimum number of partners should be 2, there's no requirements on the nationality of a Partner, thus it can be all foreign investors to form a FIPE or Foreign and Chinese partners mixed FIPE.
Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com