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Interim Rules of Shenzhen Special Economic Zone on Private Enterprise

Interim Rules of Shenzhen Special Economic Zone on Private Enterprise

Article 1 In order to create equal competing environment, promote and lead the development of private enterprise, improve the socialist market economic system in Shenzhen Special Economic Zone, these Rules are stipulated on the basis of combinations of state' s relevant laws and regulations and the reality of the zone.

Article 2 The private enterprise in these Rules refers to the profit-seeking economic organization whose assets belong to personnel and which has over employees.

Article 3 The enterprise' s assets and legal earnings belong to the investors of the private enterprise, enjoying the protection from national laws and with no interference of any units or personnel.

Article 4 The private enterprise have the right of independent business operation, with no illegal interference of any department.

Article 5 The private enterprise can engage in any business except the industries, trades, commodities or programs prohibited by the state' s laws and regulations and the proclaimed in writing of the zone' s industrial policy.

The zone industries limited to develop and other industries, commodities and programs which need to be examined and approved by the relevant departments in charge of the municipal government shall be reported and approved before being practised by the private enterprises.

Article 6 The enterprises will be encouraged to develop trades of export-oriented, hi-tech products and offering agricultural service and be allowed to participate in the civil basic facilities investments of emerges, traffics and the like.

Article 7 The individual who is qualified to the stipulated conditions outside and inside the zone will be encouraged to invest in establishing civilian-run science and technology enterprise in the zone. At least one of the investors should have dwelling place in the zone if they are not going to establish science and technology enterprise.

Article 8 Any applicant of establishing private enterprise can apply to the governmental body of industry and commerce administration for practice registration except the businesses of the industries, commodities and programs stipulated in the rules and regulations to be examined and approved by the relevant departments in charge of the municipal government. The one who is qualified to the practicing conditions will be approved to register by the governmental body of the industry and commerce administration within 15 days dating from the applying day. The unqualified one will be informed in written form with reasons explained.

Article 9 Any private enterprise can cooperate with foreign merchants to establish enterprises of joint venture and joint operation, and it can invest outside the zone or establish enterprises inside the zone with approval of the relevant department in charge of the municipal government.

Article 10 Any private enterprise can invest in shares of state-owned, collective and other enterprises, or participate in the joint management, also can annex or purchase other enterprises in accordance with state' s relevant rules.

Article 11 Any private enterprise is encouraged to operate in scale. The enterprise group can be organized and established by the private enterprise which is qualified in accordance with the Interim Rules of Enterprise Group of Shenzhen Economic Special Zone. Any private enterprise is allowed to be promoter and organize and establish the stock limited corporation.

Article 12 Any private enterprise or personnel with state' s prescribed qualifications apply for investments of private school, kindergarten, hospital and other public welfare undertakings. The municipal relevant departments in charge shall participate in the trades of foreign currency and apply to the commercial organizations for credits in accordance with the rules.

Article 13 Any private enterprise can apply to the bank for the Renminbi or foreign currency accounts in accordance with its needs and participate in the trades of foreign currency according to state' s relevant rules and apply to the commercial organizations for credits.

Article 14 With the approvals of the Municipal Departments of Labor and Personnel Administration, any private enterprise can invite public applications for jobs in and out of Special Zone according to its needs and handle procedures according to the rules. The registrations of the employees' temporary stay will be handled in accordance with the planned and present indexes of the municipal departments of Labor and Personnel Administration by the private enterprises.

Article 15 The private enterprises can apply for registered permanent residence of Shenzhen for the sake of their employees in accordance of the relevant rules of the Domiciliary System of Shenzhen Municipality.

The Municipal Talent Service Center takes charge in the unified reporting to higher authorities for examination and approval of the relevant personnel' s relocation and transference and the management of the administrative relations, organizational relations and the personnel dossier.

Article 16 The qualification assessment of the professional techniques of the private enterprises' employees shall be reported to the Municipal Assessment Committee of Professional Title or shall join the unified test of the National Qualification of Professional Techniques. The employment of the relative professional techniques will be confirmed by the private enterprises themselves.

Article 17 Employees who need to go abroad on business can apply to the municipal police department for the transactions of relative procedures after the examination of the Association of the Private Enterprises or the Municipal Chamber of Commerce.

Article 18 No units is allowed to place arbitrary collection of fees, fines or apportionment on the private enterprises. To legally charge the private enterprises should be on the premise of approvals from the municipal finance and price administrative department in charge and the use of the unified receipts printed by the administrative department for the municipal finance. The private enterprises can refuse the apportionment and the charges and fines which are against rules, and appeal to the departments in charge of municipal finance and price administration.

Article 19 The private enterprises shall abide by the laws and regulations and shall not smuggle and evade tax or utilize all kinds of illegal means to engage in unjust competitions. The enterprises which are engaging in law-abiding trades, taxation pursuant to law, civilized trades and contributing greatly to the economic development of the zone will be honored and awarded by the municipal government and relevant departments. The enterprises which are engaging in the illegal trades and harming the rights and interests of the consumers will be legally investigated and prosecuted by the relevant departments.

Article 20 The Private Enterprise Association is the social community established on the basis of laws. It should promote the communications between government and private enterprises, standardize and restrict actions of the private enterprises, harmonize the relationships among private enterprises and the relationships between private enterprises and all social circles, vindicate the legal rights and interests of the private enterprises and lead the healthy development of the private enterprises.

Article 21 This provision will be performed from the issuing date.

  The Inconsistence between this provision and the past provision will submit to this provision.


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