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Week 12
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March 26, 2008


WED
26
MAR

he examination and approval over the project application and feasibility study

By mei hong

Simplifying the office procedures,WOW Power LevelingOpen in a new window improving the working efficiency and constructing an open,WOW Warcraft GoldOpen in a new window fair, honest and highly efficient administrative environment

 The examination and approval over the project application and feasibility study report will be combined into a single process, contract and articles of association will be delegated to the municipality-level, and the Approval Certificate to foreign-invested enterprise will be filed on record subsequent to the process of examination and approval, instead of prior to the examination and approval.WOW Warcraft GoldOpen in a new window

The power of examination and approval over the project application and feasibility study report of capital construction and technical update with foreign investment will be delegated wholly to the municipality-level,WOW Power LevelingOpen in a new window provided that they are within the limits of authority at provincial level for examination and approval and in conformity with the state or provincial industrial policies, but no need of balance funds and construction conditions from the province. The power of examination and approval over the project application, instead of the double process, and the experiments over the change of examination and approval system into registration system will be conducted promptly at selected points.

Every municipality must make further improvement on the working efficiency for investment projects�� examination and approval. The power to control the tax reimbursement for export will be delegated to national taxation bureaus of the municipality-level, Any investment projects which require to be examined and approved must be dealt with and completed all together at one counter without extra links.WOW Warcraft GoldOpen in a new window

The pretax deductions related to the income tax of foreign-invested enterprise will be wholly placed under the control of local national taxation admini-strative authority.WOW Power LevelingOpen in a new window The power of national taxation bureaus of municipality-level to examine and approve the pretax deductions regarding the loss on business property will be relaxed to an extent of RMB 2 million yuan from the original RMB 500,000 yuan, and insist on the ��Once-and-for-all�� working system. provided that the tax reimbursement for export is no more than RMB 1 million yuan to the foreign-invested enterprise.

In the event that the examination and approval authority directly subordinate to the provincial government has not executed the joint examination system, the examination and approval over the application for the project with foreign investment must be completed within 3 working days on the premise that the project conforms with the relevant stipulations and conditions;WOW Power LevelingOpen in a new window provided that they do not satisfy the prerequisites for registration within a definite period of time as prescribed;WOW Warcraft GoldOpen in a new window and the registration in the administration of industry and commerce must also be completed within 3 working days.

The investing shareholders may apply for the pre-approval for registering the name of foreign-invested enterprise directly in the administration of industry and commerce before the project application has been approved. The investors who come to Jiangxi and to establish the foreign-invested enterprises with the different forms of capital contribution will be issued the business license for a stand-by period of six months, accelerate the construction of electronic port, and put into use the electronic on-line clearance and inspection as soon as possible, the examination and approval over the contract and articles of association concerned must be completed within 3 working days. but the business license is urgently needed to make preparations.WOW Warcraft GoldOpen in a new window The formal business license will be issued until the preparations are completed.WOW Power LevelingOpen in a new window

Strengthen the electronic information management at the port, To the customs, inspection and quarantine authorities, he must be responsible for all the processes of receiving, it is required to exercise the on-duty system on holidays, and to further simplify and speed up the clearance procedures.

Every foreign-related governmental department must formulate the ��Office Guidelines�� prior to the end of 2001, indicating the major duties, office procedures, materials required, proceeding time-limit, charging standard, persons in responsible position, the catalogue of all necessary materials and official documents for reference use in the process of examination and approval, phone call for contact and other necessary contents,WOW Warcraft GoldOpen in a new window and publicized at the office site for the investors�� inquiries.WOW Power LevelingOpen in a new window


In the examination and approval authority directly subordinate to the provincial government, which has not executed the joint examination system, the first receiver��s responsibility system must be implemented. If the procedures of examination and approval involve the duties of other offices in the same department, provided that the foreign investment in the project is no more than USD30 million, the first receiver office must be responsible to deal with the procedures concerned just in a manner of integral coordination and complete the examination and approval only with one official stamp. After the staff of examination and approval authority receives an application and affirms that it is within the scope of official duties in his section, handling and completing, in which the handler must supply, only in a single time,WOW Warcraft GoldOpen in a new window state explicitly the amendments and requirements to the materials for the use in application and take responsibility for completing all procedures in the examination and approval.WOW Power LevelingOpen in a new window

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