Shanghai
Municipality, Administration of Resident
Representative Offices of Foreign Enterprises Provisions |
【Promulgation Date】6-8-1986
【Effective Date】1-9-1986
【Promulgated By】Shanghai Municipality
【Subject】 Administration of Resident Representative Offices of Foreign
Enterprises Provisions
(Trial Implementation)
Main contents: These Provisions were formulated
in accordance with the State Council, Administration of Resident
Representative Offices of Foreign Enterprises Tentative Provisions
to regulate the activities of resident representative offices of
foreign enterprises, companies and other economic and technological
organizations (Foreign Enterprises) in Shanghai.
Article 2 stipulates that
resident representative offices of Foreign Enterprises in Shanghai,
as indirectly administered offices, may only conduct business liaison
and service activities. However, where the two countries have an
agreement, they may act in accordance with those regulations.
Article 4 provides for
documents to be submitted for application:
1)a written application;
2)a lawful business registration certificate;
3)a credit certificate from the financial
institution dealing with the enterprise; and
4)an authorization certificate from the
enterprises director or general manager appointing the resident
representative office employees and a resume of the employees.
Foreign financial, insurance or securities
enterprises that apply to establish representative offices must
also at the same time provide corporate regulations of the general
company, a list of names of the board of directors and the most
recent annual report on assets and liabilities and profit and loss.
Article 13 states that
if the resident representative office is to engage Chinese employees,
it must entrust a foreign services company in Shanghai to provide
and undertake the signing of an employment contract.
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