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15 July 2015

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Property Registration of State-owned Assets

A Foreign-funded enterprise which holds or uses state-owned assets shall, after obtaining the certificate of approval issued by the Hunan Provincial Department of Commerce, and submitting the contract, articles of association, certificate of approval (photocopy), the Report on Verification of Capital, and the Certificate of Capital Contribution by the Chinese and Foreign Parties (including a detailed property list, and the Notification of Confirmation of Assets Evaluation) issued by a public accounting office, to go through the procedures for property registration of state-owned assets, at the management department of the state-owned assets relevant to the financial relationship of administrative subordination.