Key points of Guiyang's foreign investment promotion policies IV

Article 4. Regional headquarters of multinational corporations and functional organizations

1. Regional headquarters of multinational corporations in any of the following situations can enjoy corresponding policy support:

(1) A foreign-funded company established in Guizhou province.

(2) A foreign-funded enterprise's headquarters which is established in Guizhou province and which performs the management and service functions in the scope of trans-provincial regions and above and meets the following conditions:

A. It must have a separate legal entity.

B. The registered capital shall not be lower than $1 million.

C. The total assets of the parent company shall not be lower than $300 million or net assets shall not be lower than $100 million.

D. The investment of the parent company in China shall not be lower than $10 million and the number of management enterprises shall not be less than three (with at least one in Guizhou province); or the number of investment/management enterprises shall not be less than six.

2. A functional organization meeting all the following requirements can enjoy the corresponding policy support:

(1) It must have a separate legal entity.

(2) A foreign-funded enterprise or branch established in Guizhou province to perform the functions of management decision-making, fund management, procurement, sales, logistics, settlement, R&D and training in trans-provincial regions and above.

(3) The total assets of the parent company shall not be lower than $200 million and the number of foreign-funded enterprises established in China shall not be less than two (at least one in Guizhou).

(4) Registered capital or operating capital of branches shall not be lower than $2 million.

3. Policy support

(1) Personnel of key enterprises can enjoy policy support in visas, residences, household registration and enrollment of children.

(2) Headquarters or regional headquarters of foreign-funded multinational corporations (newly established since 2019), which contribute more than 50 million yuan to the province's finances for the first time, shall be supported according to a certain proportion of their contributions that year.

(3) Cities and autonomous prefectures of Guizhou province shall give different amounts of awards based on revenue in 2018.

Article 5. Complaint handling methods

Introduce measures to deal with complaints from foreign-funded enterprises and clarify the subject and scope of complaints, the mechanism for accepting responsibility, the time limit for their handling, as well as the mechanism for reconsideration application and supervision.