Approval of Investment Reduction against
the Existing Foreign Invested Enterprises

Application signed by the representative of the enterprises; resolution signed by all the members of the board of directors; auditing report issued by the Accounting House or Auditing House (balance sheet, assets sheet and debtors list included ); the copies of the announcements made three times in the municipal newspapers or over; the statement of debts clearance and relevant guarantees.

Preliminary approval handled by the relevant divisions under IPAenterprises make three times of announcement within three months formal approval for investment reduction Renewing Approval Certificate

Provided that the whole required documents are submitted, the preliminary approval will be completed within 3 working days, the formal approval will be completed within 3 working days, Approval Certificate renewing will be completed within 1 working day.