Lower capital requirements for foreign companies to use Fujian’s name
- November 24, 2017
- Posted by: Yolandy
- Category: Policy
According to the Fujian Industrial and Commercial Administration, foreign-funded companies with a registered capital of more than five million yuan ($784,500) are entitled to use the moniker “Fujian Province”.
The registration capital benchmark is three million yuan for Taiwan companies and foreign-backed enterprises in the province’s development zones. It is one billion yuan for those in the Pingtan Comprehensive Pilot Zone, off Fujian’s coast.