Foreign-funded enterprises can be listed in China according to relevant laws and regulations.
Conditions to be met:
(1) The shares have been publicly issued.
(2) The total share capital of the company is not less than 30 million yuan;
(3) The publicly issued shares account for more than 25% of the total shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of publicly issued shares exceeds10%;
(4) The number of shareholders of the company shall be no less than 200;
(five) the company has no major illegal acts in the last three years, and its financial and accounting reports have no false records;
(6) Other conditions required by Shenzhen Stock Exchange.
An existing foreign-invested joint-stock company applying for listing and issuing A shares or B shares shall obtain the written consent of the Ministry of Foreign Trade and Economic Cooperation and meet the following conditions:
(1) Foreign-invested joint-stock companies applying for listing and after listing shall comply with the industrial policies for foreign investment.
(2) A foreign-invested joint-stock company applying for listing shall be an enterprise established or restructured according to regulations and procedures.
(3) The proportion of unlisted foreign shares of a foreign-invested joint-stock company after listing shall not be less than 25% of the total share capital.
(4) Other conditions that meet the requirements of relevant laws and regulations of listed companies.
Two. The registered capital of foreign-funded enterprises has been put in place.
(1) The time limit for foreign investors to contribute capital shall be stipulated in the application and articles of association for the establishment of a foreign-capital enterprise. Investors of a foreign-capital enterprise may pay their contributions in installments, but the last installment shall be paid in full within three years from the date of issuance of the business license, and the first installment shall not be less than 65,438+05% of the total contribution subscribed by foreign investors, and shall be paid in full within 90 days from the date of issuance of the business license of the foreign-capital enterprise;
(2) If the foreign investor fails to pay the initial investment within the time limit specified in the preceding paragraph, the approval certificate of the foreign-capital enterprise will automatically become invalid. After the expiration of the approval certificate, the foreign investor shall cancel the registration with the administrative department for industry and commerce and hand in the cancellation business license. Failing to cancel the registration or hand in the business license, the administrative department for industry and commerce shall revoke its business license and make an announcement.
Three. Use of registered capital of foreign-funded companies
China's Company Law has no explicit provisions on the registered capital of foreign-funded companies. Although the minimum registered capital requirement of RMB 30,000 in the Company Law is also applicable to foreign-funded companies, in practice, few customers can successfully register below US$ 80,000.
At present, the minimum registered capital of a foreign-funded company in Shanghai is determined by the Foreign Economic and Trade Commission of the place where the company is registered. The foreign economic and trade commission shall determine the minimum registered capital according to the characteristics of the enterprise's own industry and its development scale. According to our practical experience, the "minimum registered capital" is the result of multi-party game with the investment project itself, foreign economic commissions in different regions and our communication.
The lower the registered capital, the better, which is directly proportional to the total investment. The difference between the total investment and the registered capital can make full preparations for borrowing foreign capital in the future, which is very important for your investment. The prerequisite for foreign-funded import and export companies to enjoy the national tax rebate is to have the qualification of import and export rights and the qualification of general taxpayers. In many areas, the prerequisite for ordinary taxpayers to apply for value-added tax is that their registered capital is above 500,000 yuan.
The above is a detailed introduction about whether foreign-funded enterprises can be listed in China. Foreign-funded enterprises can be listed in China, but they need to meet relevant conditions before they can be listed.