Hainan FIPE Registration
Update time：2020-6-26 16:13:04 source：Tannet Views：582
Hainan has a total land area of 35400 square kilometers (mainly including Hainan Island and Xisha Islands, Zhongsha Islands and Nansha Islands) and a sea area of about 2 million square kilometers, making it the largest province in China's land area (including sea area). By 2025, we will initially establish a free trade port policy system focusing on free trade facilitation and free investment facilitation.
What is Hainan FIPE?
The term FIPE(foreign invested partnership enterprises) refers to the general partnership enterprises and limited liability partnership enterprises that are established within China by natural persons, legal persons and other organizations in accordance with the law.
It is possible to establish the following types of partnerships:
General partnership: A general partnership is formed by two or more general partners who bear unlimited joint and several liabilities for the debts of the partnership.
Limited partnership: A limited partnership is formed by a combination of general partners who bear unlimited joint and several liabilities for the debts of the partnership and limited partners who bear the liabilities for the partnership’s debts to the extent of their capital contributions.
Special general partnership: A special general partnership resembles a general partnership except that it must be a professional service institution offering services requiring professional knowledge and special skills. It is intended as the preferred form of organization for law and accounting firms. The structure shields co-partners from liabilities due to the willful misconduct or gross negligence of one partner or a group of partners.
Registration particulars of foreign-invested partnership enterprises include:
1. Name
2. Principal business premises
3. Executive partners
4. Business scope
5. Partnership enterprise type
6. Partners’ name or title, state (region) and residence, responsibility-assuming mode, amount of subscribed or actually contributed capital, time limit for contribution, modes of contribution and assessment methods
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If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143410, or emailing to info@citilinkia.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.