“One Belt, One Road” Strategy，The cradle of Sino-foreign joint ventures

“One Belt, One Road” Strategy，The cradle of Sino-foreign joint ventures and major opportunities such as the “Belt and Road” strategy，Accelerate the pace of “going out”，Continuously expanding the overseas territory of the business，Create financial investments、travel services、Warehousing and Logistics、Ocean engineering、New industrial chains such as overseas minerals，A new pattern of integrated development of "one, two, and three" industries has been formed.，Greatly promoted the emergence and development of Sino-foreign joint ventures。

because，Shenzhen as the national political center、cultural center、International Exchange Center、Science and Technology Innovation Center，Now more foreign capital is beginning to be optimistic about this market，Invest in Chinese companies。 So what are the procedures for registering a Sino-foreign joint venture in Shenzhen?

1name approval；2Approval by National Development and Reform Commission；3Commerce Committee Approval；4The Bureau of Technical Supervision handles the assignment of organizational codes；5Apply for a certificate of approval；6License approval；7Seal engraving and filing；8. The Technical Supervision Bureau shall examine and approve the organization code certificate；9tax bureau；10Bureau of Statistics；11Apply for a foreign exchange registration card from the Administration of Foreign Exchange；12Set up capital account；13Set up a basic business account；14fiscal registration；15Customs filing； Special points about registering a Sino-foreign joint venture

Things to note

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1. corporate governance： The joint venture shall have a board of directors，Number of people to be negotiated by all parties，in contract、Determined in the Articles of Association，and be appointed and replaced by the joint venture parties。

The chairman and vice chairman shall be determined through negotiation between the parties to the joint venture.，One party serves as chairman of the board，Let another party serve as vice chairman； The number of board members shall not be less than 3，Director term is 4 years，Re-electable；The board of directors is the highest authority of the joint venture，Decide on all major issues of the joint venture；

1. Reason for termination： If a joint venture suffers serious losses、One party fails to perform its obligations under the contract and articles of association、Force majeure, etc.，Upon negotiation and consent of all parties to the joint venture，Submit to the review and approval authority for filing (if it involves industries that are subject to special access management measures stipulated by the state)，It is approval rather than filing)，and register with the national industrial and commercial administration department，Terminable contract。

If losses are caused by breach of contract，The party who breaches the contract shall bear financial responsibility。

1. Equity transfer： The joint venture party transfers all or part of its equity to a third party，Subject to the consent of the other party to the joint venture，And report it to the approval authority for record (if it involves industries that have special access management measures stipulated by the state)，It is approval rather than filing)，Complete the change registration procedures with the registration management agency；Violation of this provision，Share transfer is invalid。

Consider it from a business perspective，Before establishing a Sino-foreign joint venture，We must focus on how to exit the equity，Jincheng Tianji (Shenzhen) Consulting Co., Ltd. will accompany you to open the door to entrepreneurship，Accompany you on the road to entrepreneurship，Help you accomplish your career，Take away all the worries。

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