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Investment indemnification


The foreign-funded enterprises set up in Haiyang are protected and governed by Chinese laws. Haiyang will protect the assets, profits and other legal rights of the investors in accordance with laws.

1、The foreign-funded enterprises have their own decision-making power in making production plans, handling capital, purchasing production materials, marketing finished products, set salary standards, bonus and allowance systems within the scope of the approved contract. Based on the management needs, the enterprises can fix its organization structure, recruit employees and manage their employees according to Labor Law and labor contract.

2、The profits and the legal income the investors get can be remitted abroad freely.

3、The assets the investors bought in Haiyang, the industrial property, the profits the investors obtain and other rights can be transfered in accordance with laws.

4、A practical service system has been established by the government departments involved in foreign affair,which is under the supervision of the whole society,to provide the foreign investors and the foreign funded enterprises a good investment environment.

The government departments involved in foreign affairs have set practical service systems and accepted the supervision of the whole society, providing the foreign investors and the foreign-funded enterprises a good investment environment.

5、A whole set of services are provided to the foreign-funded projects and the related departments should transact the approving procedures according to the service content, standards and time limit they promise the society.