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Authorities at Various Levels in Charge of Foreign/Overseas
Investment in Tianjin and Their Scope of Power
The
power of approving the establishment of enterprises with
foreign/overseas investment in Tianjin is entrusted to departments
at the Municipal and District(County or Bureau) levels respective
by the Municipal government in accordance with the amounts
of investment involved.The Administrative Commissions of
the Tianjin Economic and Technological Development Area,the
Tianjin Port Free Trade Zone and the Tianjin Hi-Tech Industry
Park and the Tianjin Port Authority are vested with the
authority to approve,within their respective powers,the
establishment of enterprises with foreign/overseas investment
in their respective areas,The Office of Foreign/Overseas
Investment of the People's Government of Tianjin (the Foreign/Overseas
Investment Service Centre of Tianjin and the Taiwan Compatriots
Investment Service Centre of Tianjin) is the joint office
of all the departments at the Municipal level involved in
the administration of foreign/overseas investments and is
in charge of approving the establishment of enterprises
with capital contributions over US$5,000,000 and under US$30,000,000
and submission of the applications to higher authorities
for approval.
The
Foreign/Overseas Investment Service Centre of Tianjin is
a hignly efficient organization the integrates the consulting,approving
and servicing functions in one unit,enabling the investors
to avail themselves of all kinds of services offered and
to complete all formalities with the utmost speed.The various
Districts,Counties and Bureaus of the Municipality are in
charge of approving enterprises with foreign/overseas investment
with a capital under US$5,000,000.
The
administrative commissions of the Tianjin Technological
Development Area and Tianjin Port Free Trade Zone are in
charge of approving enterprises with foreign/overseas investment
with a capital under US$30,000,000.The
Administrative Commissions of the Tianjin Hi-Tech Industry
Park and the Tianjin Port Authority are in charge of approving
enterprises with foreign/overseas investment with a capital
under US$10,000,000 in their respective areas.
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