Investment procedures

1. Negotiate over a project and sign letter of intention for co-operation (single-venture enterprises exempted).

2. Report the project recommendation for approval or forward and report it to the higher authority.

3. Check and approve enterprise's name.

4. Report the feasible research report for approval or forward and report it to the higher authority.

5. Report the contract and rules for approval or forward and report them to the higher authority (single-venture enterprises exempted).

6. Get the certificate of approval.

7. Register in the industrial and commercial office.

8. Register the code; open an account; tax registration; registration of foreign exchange; customs registration; examine and approve the land area to be occupied; examine and approve the construction program (projects with no construction involved exempted).

9. Start construction and go into operation.