Project title

Preliminary Examination Report of Foreign-invested Real Estate Enterprises Record

Basis

“Opinions about Regulating Access and Management of Foreign Investment In the Real Estate Market” (issued by Ministry of Housing, N0.171, (2006)) , “ Notifications about Relevant Questions of Regulating Foreign Exchange Management of the Real Estate”(Document No.47 issued by State Administration of Foreign Exchange, 2006 ), “Notifications about Further Strengthening and Regulating Approval and Supervision in Foreign Direct Investment in the Real Estate”(Letter No.50 of Ministry of Commerce and State Administration of Foreign Exchange, 2007), “Notifications about Doing Well in the Filling Work in Foreign-invested Real Estate” (Letter No.23 of the Ministry of Commerce, 2008), “Notifications about Strengthening the Management of Approval and Record of Foreign-invested Real Estate”(Letter of No.1542 of Ministry of Commerce Office, 2010), “Notifications about Relevant Questions of the Management of Approval and Record of Foreign-invested Real Estate” (the inner code telegram of Ministry of Commerce )

Procedure

1) Department of Commerce of Zhejiang Province or Foreign Trade and Economic Cooperation Bureau of City-level, County-level or District-level (Bureau of Commerce) approves the set of foreign-invested real estate projects and issues certificates of approval with one-year validity. 2) Project owners apply for industrial and commercial registration and get the business license with one-year validity. 3) Prepare the documents including “Foreign-invested Real Estate Record Sheet (containing the letter of commitment for the legal representative of the enterprise), the contract of land transfer or the certificate of land user and the full set of record material to County-level or District-level Bureau for the preliminary examination. 4) County-level or District-level Bureau provides the Municipal Foreign Trade and Economic Cooperation Bureau with “Opinions about Material Examination for Foreign-invested Real Estate in Development Zones of County-level, District-level or Province-level” and the full set of material for the preliminary examination. 5) After the preliminary examination, the Municipal Foreign Trade and Economic Cooperation Bureau issues “Opinions about Material Examination for Foreign-invested Real Estate from Development Zones of City-level, County-level and State-level”.6) Submit to Department of Commerce of Zhejiang Province the documents for examination. 7) Report to Ministry of Commerce for the record

Application Requirement

Conforming to laws and regulations of national foreign investment and above requirements.

Application Material

Full set of approval material of foreign-invested real estate project, “Foreign-invested Real Estate Record Sheet (containing the letter of commitment for the legal representative of the enterprise), “Opinions about Material Examination for Foreign-invested Real Estate in Development Zones of County-level, District-level or Province-level” and other relevant materials including the statement to the use of funds.

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The legal workday

The promised workday

3 days

Charging basis

no

Charging policy

no