Regulations of Chongqing Municipality on the Protection of Taiwan Province Compatriots' Investment (revised in 21)

chapter I general provisions article 1 in order to encourage Taiwan Province compatriots to invest in this city and protect the legitimate rights and interests of Taiwan Province compatriots investors, these regulations are formulated in accordance with the law of the people's Republic of China on the protection of investment by compatriots in Taiwan Province and other relevant laws and regulations, combined with the actual situation of this city. Article 2 The term "investment by Taiwan Province compatriots" as mentioned in these Regulations refers to the investment by companies, enterprises, other economic organizations or individuals of Taiwan Province compatriots in Taiwan Province as investors in this Municipality. Article 3 The people's governments of cities, districts and counties (autonomous counties) shall conscientiously implement the Law of the People's Republic of China on Investment Protection of Taiwan Province Compatriots, improve the investment environment, and do a good job in safeguarding the legitimate rights and interests of investors of Taiwan Province Compatriots. Fourth cities and counties (autonomous counties) Taiwan Province affairs departments shall, in accordance with the provisions of the responsibilities, handle the relevant matters of Taiwan Province compatriots' investment, and do a good job in organization, guidance, coordination and management.

the municipal and district/county (autonomous county) administrative departments in charge of foreign trade and economic cooperation, development and reform, economy, industry and commerce, taxation, land and resources and housing, public security, labor and social security, customs, entry-exit inspection and quarantine, finance, etc. shall, according to their respective functions and duties, do a good job in the management, protection and service of investment by Taiwan Province compatriots. Article 5 Investors of Taiwan Province compatriots and enterprises they invest in Chongqing must abide by national laws, regulations and these Regulations, and may not harm the interests of the state and the public. Chapter II Scope of Investment Article 6 Investors of Taiwan Province compatriots who invest in the name of companies, enterprises or other economic organizations shall provide the following documents:

(1) A copy of the business license or registration certificate of the enterprise;

(2) Taiwan Province compatriots' identity documents or other certificates that can prove their legal representatives;

(3) commercial credit certification materials.

Investors of Taiwan Province compatriots who invest in their own name shall provide the following documents:

(1) Taiwan Province resident identity card or other documents that can prove personal identity;

(2) mainland travel permit for taiwan residents;

(3) credit certificate. Article 7 Investors of Taiwan Province compatriots may entrust others as their investment agents. The power of attorney shall specify the agent's name, agency matters, authority and duration, and shall be signed or sealed by the principal. Article 8 Investors of Taiwan Province compatriots may adopt the following forms of investment according to law:

(1) to establish enterprises with all capital, joint ventures and cooperative ventures;

(2) Obtain land use rights and develop and operate;

(3) purchasing, leasing or contracting enterprises;

(4) purchasing stocks and bonds of enterprises;

(5) purchasing real estate;

(6) other forms of investment permitted by laws and regulations. Article 9 Investors from Taiwan Province compatriots are encouraged to invest in the following projects:

(1) Infrastructure projects such as energy, transportation, municipal utilities and basic raw materials industries;

(2) Development of agriculture, forestry, animal husbandry and aquaculture, introduction of new technologies and fine varieties, construction of agricultural infrastructure and comprehensive agricultural development projects;

(3) environmental protection projects;

(4) high-tech projects with high technology content;

(5) export-oriented projects that meet the needs of the international market;

(6) Grafting transformation projects for state-owned enterprises that need technical transformation;

(7) comprehensive long-term development projects of resettlement and resettlement in the Three Gorges reservoir area;

(8) local ethnic projects with ethnic characteristics in ethnic minority areas;

(9) projects in the economic and technological development zones and high-tech industrial development zones of this municipality. Article 1 With the approval of the department specified by the State Council or the local people's government specified by the State Council, investors of Taiwan Province compatriots may invest in the following projects:

(1) Invest in infrastructure projects by BOT;

(2) establishing supermarkets, chain stores and commercial retail enterprises through joint ventures and cooperation;

(3) Joint ventures and cooperation to establish wholesale and retail enterprises of agricultural and sideline products;

(4) Taiwan Province financial institutions apply for establishing banks or non-bank financial institutions;

(5) setting up information and consulting agencies;

(6) holding public welfare undertakings such as medical care, sports and education;

(7) investing in tourism;

(8) other investment projects permitted by the state. Chapter III Establishment of Enterprises Article 11 Investors of Taiwan Province compatriots who apply for the establishment of enterprises shall apply to the examination and approval authorities; The examination and approval authority shall make a decision of approval or disapproval within 3 days from the date of receiving all the application documents.

Taiwan Province compatriots investors shall, within 3 days from the date of receiving the approval certificate, approve and register with the administrative department for industry and commerce according to law; The administrative department for industry and commerce shall, within fifteen days from the date of receiving all the application documents, make a decision on whether to approve or disapprove the registration. Twelfth Taiwan Province compatriots investors have all the capital of the enterprise, the operating period is determined by the investors themselves according to law; The term of operation of a joint venture or cooperative enterprise shall be determined by the parties to the joint venture and the cooperative enterprise through consultation according to law.

The operating period of an enterprise invested by Taiwan Province compatriots shall not exceed the land use period of the enterprise. Article 13 The members of the board of directors of a joint venture, the board of directors of a cooperative venture or the joint management institution, and the appointment of the chairman and the head of the joint management institution may be decided by the parties to the joint venture and cooperation through consultation according to law with reference to the proportion of capital contribution and the articles of cooperation.