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Schools ran by Sino-foreign cooperation JV

Date: 2008-10-14 17:41 | Author: Linden Co. Ltd. | From: zhuce100.com | Read Times: 30

Application requirements:

Educational institutions which apply for setting up schools ran by Sino-foreign cooperation, should have the status of legal entity.

Investment could be in form of bankroll, particles, rights of land usage, intellectual property rights and other properties

Input of intellectual property rights by each institution should not exceed 1/3 of their own investment. However, this limit can be exceeded if the institution is invited by State Educational Administration Departments, Labor Administration Departments, or local governments at province level.

Sino-foreign cooperation school institutions should satisfy the conditions required by “The Law of Education of the PRC? “Law of Vocational Education of the PRC? “Law of Higher Education of the PRC?and other administration law. They should also have the status of legal entity.

The following conditions stated by “The Law of Education of the PRC?must be satisfied for setting up schools and other educational institutions:

1. Institutional framework and articles

2. Qualified teachers

3. Suitable premises, equipments and facilities for school

4. Essential capital for school operation and stable source of income

The following conditions stated by “The Law of Education of the PRC?must be satisfied for setting up schools of higher education:

Universities or colleges should have great strength in academic teaching and scientific research, high standard and scope of academic teaching, scientific research and have the capability to run undergraduate and postgraduate courses. Specified standards are prescribed by the Department of state.

Standards and regulations for setting up other types of higher education institutions should be referred to conditions requested by related departments at province level appointed by the Department of State. Such conditions are based on the principles of the Department of State.

The following conditions stated by “The Law of Vocational Education of the PRC?must be satisfied for setting up vocational schools:

1. Institutional framework and articles

2. Qualified teachers

3. Suitable premises, equipments and facilities for school

4. Essential capital for school operation and stable source of income

To set up Vocational Training institutions, the following conditions must be satisfied:

1. Institutional framework and articles

2. Suitable teachers and management staff for training

3. Suitable premises, equipments and facilities for school

4. Appropriate funds.

Sino-foreign cooperative school institutions, established by foreign educational institutions and Sino institutions, to run academic school of higher education, do not need to have the status of legal entity.

Standards for setting up Sino-foreign cooperative school institutions should be referred to other educational institutions of the same grade held by state.

Application procedure and documents

1Application of warrant for preparation and establishment

-Examination and Approval Department:

-Education Administration Departments and governments at province level

-Time limit:

-Within 45 working days

-Management fee: 0

-Documents Required:

1. Application report , include: name of Sino and foreign investors and the proposed school institution, training objectives, scope, level, forms and conditions of school, internal management system, raising, management and usage of funds

2. Cooperating agreement, including duration of cooperation and settlement of dispute etc.

3. Sources and value of funds, and effective certificates, and property right should be stated

4. Donation agreements and certificates should be provided for donated school possessions. Name of donator, value, usage and management of donation should be clearly stated

5. Certificate of initial fund ready for the project, and should be at least 15% of the total fund.

2Formal application should be submitted within 3 years after getting the warrant. After 3 years, the warrant has to be reapplied. Student recruitment is not permitted during the process of preparation and establishment

3Certification needed for schools ran by Sino-foreign cooperation

-Examination and Approval Department:

-Education Administration Departments and governments at province level

-Time limit:

-3 to 6 months

-Management fee: 0

-Documents Required:

-Formal application for establishment

-Warrant for preparation and establishment

-Report of circumstances of preparation and establishment

-Articles of Sino-foreign cooperating school institution and name list of member of the first council, board and syndicate of administration

-Certificate of capital

-Qualification certificates of headmaster, chief executive officer and accountant.

4Proposed agency code registration

-Examination and Approval Department:

-State Bureau of Technical Supervision (The Administration Center of Organization Code)

-Time limit:

-2 working days after acceptance

-Management fee: 0

-Documents Required:

-Approval of article of association

-Application of proposed agency code

5Registration for privately-run, non-enterprise institutions

-Examination and Approval Department:

-Governments at province level

-Time limit:

-Not guaranteed

-Management fee: 0

-Documents Required:

-Warrant for schools ran by Sino-foreign cooperation

-Articles of Sino-foreign cooperating school institution and name list of member of the first council, board and syndicate of administration

-Certificate of capital

-Qualification certificates of headmaster, chief executive officer and accountant.

6Public Security Bureau registration:

-Examination and Approval Department:

-Municipal Public Security Bureau (the administration center of embarkation and disembarkation)

-Time limit:

-6 working days

-Management fee: 0

-Documents Required:

-The registration application for record

-Registration of privately-run, non-enterprise institutions

-Warrant for schools ran by Sino-foreign cooperation

-The identification of legal representative

-Personal identification of agent

7Chop of enterprise registration

-Examination and Approval Department:

-Engrave of chop organization proposed by police station

-Time limit:

-2 working days

-Engrave of chop fee:

-500RMB

-Documents Required:

-Application form of chop engrave

-8Enterprise Cope registration

-Examination and Approval Department:

-State Bureau of Technical Supervision (The Administration Center of Organization Code)

-Time limit:

-3 working days after acceptance

-Management fee: 30 RMB

-Documents Required:

-Application form

-Returning paper of proposed agency code

-The identification of legal applicant

-Registration of privately-run, non-enterprise institutions

-Warrant for schools ran by Sino-foreign cooperation

9 Tax registration

-Examination and Approval Department:

-Municipal Local Taxation Bureau

-Time limit:

-5 working days

-Management fee:

-10RMB

-Documents Required:

-Identification of legal representative

-Business license, approval letter, photocopy of approval

-Housing contract

-Registration form of tax

10 Administration of foreign exchange registration:

-Examination and Approval Department:

-Beijing center of foreign exchange control

-Time limit for handling:

-20 working days after acceptance

-Management fee: 0

-Documents Required:

-Written application (stamped by chop)

-Registration of privately-run, non-enterprise institutions

-Warrant for schools ran by Sino-foreign cooperation

-Copy of business license provided by the legal representative, non-legal representative enterprise shall provide original and photocopy of business license

-Original articles of institution and its photocopy.

-Original and photocopy of code of enterprise

11 Opening bank account

-Due to the different requirements of the banks, the required documents need to be confirmed.

12 Financial registration

-Examination and Approval Department:

-The financial bureau

-Time limit for handling:

-2 working days after acceptance

-Management fee: 0

-Documents Required:

-Registration of privately-run, non-enterprise institutions

-Warrant for schools ran by Sino-foreign cooperation

-Financial registration form

13 Statistic registration

-Examination and Approval Department:

-The statistical bureau

-Time limit for handling:

-2 working days after acceptance

-Management fee: 0

-Documents Required:

-Registration of privately-run, non-enterprise institutions

-Warrant for schools ran by Sino-foreign cooperation

-Statistic registration form

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