Foreign investment quota of a joint stock limited company

A company may invest in other limited liability companies and joint stock limited companies, and shall be liable to the invested company to the extent of its capital contribution. Except for investment companies and holding companies stipulated by the State Council, the company's foreign investment shall not exceed 50% of its net assets. Now, a company may invest in other enterprises, but it shall not be a joint and several liability investor for the debts of the invested enterprise unless otherwise provided by law.

Legal basis:

Article 76 The establishment of a joint stock limited company shall meet the following conditions:

(1) The promoters meet the quorum;

(2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association;

(3) The issuance and offering of shares comply with the law;

(4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting;

(5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company;

(6) Having a company domicile.