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Foreign capital enterprises may increase their registered capital on
condition that the change is agreed upon unanimously by the board of directors,
formed into resolution, and approved by the approval authorities. If the
increment of capital exceeds the approval limit of the original authorities, the
approval procedure shall switch to higher authorities.
Generally speaking, foreign capital enterprises shall not reduce their
registered capital within the duration of their agreement unless there are
reasonable grounds for the reduction. The enterprise shall file the modification
to the original examination and approval authorities for approval according to
appropriate national regulations. |