Policies

Tips for establishment of enterprises in Chongqing

1. Tips on Establishment of Enterprises

1) Organs responsible for examination and approval of Contract and Memorandum of Association

Chongqing Foreign Trade and Economic Relations Commission;

Foreign Trade and Economic Relations Commission (or bureaus and offices) of different districts, counties and cities

Administrative Committee of Chongqing Economic & Technological Development Zone

Administrative Committee of Chongqing High-Technology Development Zone

Administrative Committee of Chongqing New North Zone

2) Project Approval Authority

Industrial project: Chongqing Economic Commission

None-industrial project: Chongqing Development and Reform Commission

Commercial projects: Chongqing Commercial Commission

For any project involved with state assets, the report on feasibility of project shall be submitted to related sections for check and examination.

Any project with less than USD 30 million of investment and listed in the "National Category of Encouraged or Permitted Foreign-funded Projects" shall be submitted to Chongqing Foreign Trade and Economic Relations Committee at district/county/city level where the project is located for examination and approval.

Any project, if located within the Chongqing Economic & Technological Development Zone, Chongqing High-Tech Development Zone and Chongqing New North Zone, with less than USD 30 million of investment and belonging to "National Category of Encouraged or Permitted Foreign-funded Projects" shall be submitted to the administrative committee of the zone for examination and approval.

Any project with less than USD 100 million of investment and listed in the "National Category of Encouraged or Permitted Foreign-funded Projects" and project with less than USD 50 million of investment and listed the restricted project shall be submitted to Chongqing Foreign Trade and Economic Relations Committee for examination and approval of contract and memorandum of association according to the state provisions.

Any project with more than USD 100 million of investment and listed in the "National Category of Encouraged or Permitted Foreign-funded Projects" and project with more than USD 50 million of investment and listed the restricted project shall be submitted to the Ministry of Commerce via Chongqing Foreign Trade and Economic Relations Committee for examination and approval.

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Editor:Liu Kan