The government offers a range of administrative assistance to help businesses grow and succeed. As for newly registered businesses, the government provides "one-stop shops, 5-day process" for free. Procedures from assessment to registration have been integrated for foreign-invested enterprises and the processing time has been shortened by 20 work days as a result. Chaoyang District leads the way in talent attraction in Beijing by setting up the first foreigner exit-entry service centre, introducing Ten New Policies and property registration for foreign talents, and implementing single-window services to ensure permits will be issued right after application. It has also set up a "district-department-street" tri-level service system and provided tailored policies and services to enterprises in high-end, high-precision and cutting-edge technology industries.
We offer the best services for international talents
The one-stop service platform for international talents is a comprehensive platform built by the district government, delivering online and offline services for international investors and those who come to work and live in Chaoyang District to facilitate their innovation and entrepreneurship.
Through integrating service resources, optimising service processes and expanding service channels, the district incorporates international talent-related policy consultation functions and governmental service items into the platform and provides professional, standardized, efficient and convenient services for international talents to build a “hub” for them to communicate, interact and interconnect with each other, and eventually build a comprehensive service system for global talents.
Favourable tax policy for foreign talents
Overview of investment policies
Chaoyang District provides a more opening-up environment for the operation of international financial capitals. By focusing on the orderly flow of cross-border capitals, it improves the international professional services of its financial market, and vigorously supports foreign financial institutions and multinational companies to engage in industrial financial business innovation.
HAVE ANY QUESTIONS?
1. What are the types of foreign-invested enterprises that are newly established after January 1, 2020?
A foreign-invested enterprise may be registered as a "limited liability company", a "company limited by shares" or a "partnership enterprise", and shall indicate whether it is invested by a foreign investor or by an investor from Hong Kong, Macao or Taiwan. A joint-stock company shall be also marked "listed" or "unlisted".
2. Can the registered capital of a foreign-invested enterprise be expressed in a currency other than Renminbi?
The registered capital (amount of contribution) of a foreign-invested enterprise can be expressed either in Renminbi or in another freely convertible foreign currency.
3.What is the information reporting system for foreign-invested enterprises?
Foreign investors or foreign-invested enterprises shall report investment information to the competent department of commerce through the national enterprise registration system and the enterprise credit information disclosure system. When applying for registration of establishment or change of a foreign-invested enterprise, the applicant shall fill in the initial report and the change report of the foreign investment, or continue to fill in the foreign investment information report after applying for enterprise registration. Foreign investors or foreign-invested enterprises shall submit "all-in-one" annual reports through the national enterprise credit information disclosure system.
4.How should foreign-invested enterprises understand and follow the Negative List?
The registration authority shall conduct a formal examination on the relevant application materials. Foreign investors or foreign-invested enterprises that invest in fields other than the Negative List shall be registered in accordance with the principle of consistency for domestic and foreign investment. For foreign investors or foreign-invested enterprises investing in areas where the Negative List has restrictive provisions on the investment proportion, the nationality of the legal representative (main person in charge) and others, they shall be registered in accordance with the law if they meet the requirements of the Special Administrative Measures for Access; if the competent authority of the industry has approved the relevant enterprise-related business license items in accordance with the law before the registration, it does not need to conduct repeated examination on whether it meets the requirements of the Special Administrative Measures for Access. Foreign investors or foreign-invested enterprises investing in the areas where investment is prohibited under the Negative List shall not be registered.
5.For a foreign natural person investor who has already set up a one-person limited liability company, is it allowed to set up a new one-person company after January 1, 2020?
No, it is not allowed to do so.
1. Are the policies relevant to simple and low-risk engineering projects with social investment applicable to foreign investment projects?
Yes. According to the Notice on Doing a Good Job in the Administration of Foreign-invested Simple and Low-risk Engineering Projects (Jing Fa Gai [2020] No. 232) and the Notice on Further Doing a Good Job in Simple and Low-risk Engineering Projects with Social Investment (Jing Fa Gai [2020] No. 238), examination and approval of all simple and low-risk engineering projects that are foreign investment projects within the jurisdiction of this Municipality will be cancelled and changed to record management. Among them, the foreign investment projects within the jurisdiction of municipal approval and record will be delegated to the districts where the projects are located for record management.
1.What are the services for overseas intellectual property rights that an enterprise can obtain?
An enterprise can obtain rights protection information service and guidance of responding dispute for overseas intellectual property rights.
2.How to find the information and services related to overseas intellectual property rights? Is there a charge for it? What is the information and features?
The Beijing Public Service Information Database for Overseas Intellectual Property Rights has set up 6 major sections:
- "Country-specific intellectual property rights system", providing Chinese translations and key interpretations of the latest country-specific intellectual property rights regimes in "Belt and Road" countries and regions;
- "Overseas litigation search", gathering more than 50,000 cases of overseas disputes, and allowing case retrieval and key industry retrieval;
- "Service agencies and lawyers database", providing information of 100 service agencies which offer services in countries (regions) with high incidence of overseas intellectual property disputes and 50 lawyers specialize in overseas disputes;
- "Experience sharing", sharing practical experiences of companies and service agencies in dealing with overseas intellectual property disputes;
- "Responding guidance", offering dispute resolution guidelines and guidance cases for responding that exhibit the process and key points of dealing with typical overseas intellectual property dispute;
- "Statistical analysis", providing a heat map of global intellectual property litigation in key industries in Beijing, an annual development chart for key industry litigation, and a ranking of the frequency of intellectual property rights usage in cases.
Enterprises can choose the corresponding functions based on their needs.
3.How to find the guidance for overseas intellectual property dispute in Beijing? Is there a charge for it?
There are two types of guidance for overseas intellectual property rights dispute in Beijing:
(1) Participating in the Beijing Overseas Intellectual Property Rights Protection Assistance Project;
(2) Applying for expert guidance on overseas intellectual property disputes. The applicants of the Beijing Overseas Intellectual Property Rights Protection Assistance Project shall be enterprises, public institutions or social organizations incorporated or registered in Beijing, with significant issues such as ongoing overseas intellectual property disputes. The Assistance Project will issue application notices for centralized application on a yearly basis, and the enterprises, public institutions or social organizations and intellectual property service agencies can file jointly through the "Beijing Governmental Service Website" (banshi.beijing.gov.cn). The Assistance Project is carried out by entrusting government funds to professional services, providing such services as legal consultation, infringement risk analysis, and expert demonstration of response plans for overseas intellectual property disputes and other significant issues. To obtain Beijing expert guidance service on overseas intellectual property disputes, you shall submit a clear request to the Beijing Intellectual Property Rights Protection Assistance Centre. The Centre will invite experts to provide you with one-on-one counseling services on specific issues based on your request.