Qualifications of Enterprises

(1) An enterprise shall possess the status of a legal person or shall be a sole proprietorship enterprise or a partnership enterprise (hereinafter referred to collectively as "enterprise") incorporated in accordance with laws, which shall obtain the Business License of Enterprise Legal Person or Business License after registered with the administrative departments for industry and commerce.

(2) The registered capital of an enterprise shall not be less than RMB 3,000,000 yuan (not less than RMB 2,000,000 yuan in the midwest and minority regions, not less than RMB 1,000,000 yuan for productive enterprises of electromechanical products, scientific research institutions, as well as High-tech Enterprise).

(3) An enterprise has carried out tax registration, paid taxes in accordance with laws.

(4)The legal representative or person in charge of the aforesaid enterprise has not held the same posts of any other enterprises whose foreign trade operation permit has been revoked in recent 3 years (it means that during his terms of such posts, the foreign trade operation permit of the said enterprises has been withdrawn due to the violation of laws and regulations by such enterprises.)

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