The filing procedures for foreign investment projects and foreign-funded enterprises shall be formulated by the Municipal People’s Government.

Article 14 The PFTZ shall facilitate the enterprise registration system, exercising according to law the registered capital subscription registration system.

The administration for industry and commerce shall organize the setting up of enterprise access single-window working mechanism for such administrative affairs as the approval (filing) of foreign investment projects, and the examination (filing) of establishment and alteration of enterprises, accepting the application submissions and serving relevant documents in a unified manner. The investors who establish foreign-funded enterprises in the PFTZ may arrange on their own the business term, except that laws and regulations provide for otherwise.

The enterprises established with registration in the PFTZ (hereinafter referred to as “the enterprise in the zone”) may make reinvestment or launch business outside the zone. Where special provisions require for handling relevant formalities, such provisions shall apply.

Article 15 The enterprise in the zone, after obtaining the business license, may conduct general production and business activities; as for those in need of examination and approval, application may be made to the relevant department after obtaining the business license.

In respect of production and business activity in need of pre-examination and approval as required by laws, administrative regulations or decisions of the State Council, approval formalities shall be completed according to law before application for the business license.

Article 16 The investors in the PFTZ may make diversified overseas investments. General overseas investment projects are subject to the filing administration. And overseas investment in enterprise running is subject to administration mainly under the filing system, the Administrative Committee accepting the application submissions and serving the relevant documents in a unified manner.

The filing procedures for overseas investment projects and overseas investment in enterprise running shall be formulated by the Municipal People’s Government.

Article 17 In respect of dissolution and bankruptcy of an enterprise in the zone, liquidation shall be made according to law and registration canceling formalities shall be handled.

In respect of an enterprise in the zone subject to the registered capital subscription system according to law, shareholders shall take responsibility for debts of the enterprise limited by their capital or share subscription.