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Approval limits of the establishment of investment enterprise by foreign investor:
1. If the aggregate investment is above 10 thousand million dollars or the investment project has special approval from the state,it should be first readed by Shanghai working committee of Foreign investment and then transfer to the State ministry of Commerce to do the further approval.
2. If the project is encouraged type,perrmited type and under 50 million dollars limited type which belong to aggregate investment under 100 million dollars type for foreign investment,can be approvaled by Shanghai working committee of Foreign investment.
3. If the project is encouraged type and perrmited type which belong to aggregate investment under 30 million dollars type for foreign investment ,can be apprlvaled by the local govenment.
Registered in Waigaoqiao Free Trade Zone,Zhangjiang Hi-tech Park,Jinqiao export processing zone and Lingang New City can be approvaled separately by Waigaoqiao Free Trade Zone managment committe,Leading group office of Zhangjiang High-Tech Park,Jinqiao export processing zone managment committe and Lingang New City managment committe.