Can Foreign Investment Enterprise incorporated in bonded area apply for distributorship? Can it set up a branch company beyond the said area?
A: Foreign Investment Enterprise incorporated in bonded area can apply for distributorship, and after obtaining approval, the enterprise can process customs formalities and foreign exchange verification and writing-off and other formalities, and can also sell the goods inside or outside the said area. After obtaining approval of competent department, it can also set up an operative branch company outside the said area.
Related Questions
- Can newly incorporated Foreign Investment Enterprise whose scope of business includes both production and trade, be entitled to tax preference?
- Can Foreign Investment Enterprise incorporated inside bonded area alter its registered address to operate outside the said area?
- How long will it take to set up a branch company after Foreign Investment Enterprise Incorporation?