Total investment

Minimum Ratio of Registered Capital to the Total Investment

Time Limit for the Payment of the Registered Capital

US$3 million and less

7/10

l US$0.5 million and less: one yearl US$0.5 to 1 million: one and half a yearl US$1 to 3 million: 2 yearsl US$3 to 10 million: 3 yearsl US$ 10 million and over: To be decided by the approving organ.(Note: At least 15% of the registered capital should be paid within 3 months from the date of registration.)

US$3 to10 million

1/2(For total investment of US$4.2 million, the registered capital shall be no less than US$2.1 million)

US$10 to 30 million

2/5

More than US$30 million

1/3(For total investment of US$36million, the registered capital shall be no less than US$ 12 million)

From: http://www.xipa.com.cn/en/incxm4_more.php?id=275