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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 631/2/8

14 October 2005

Dear Sirs,

Commercial Information Circular No. 423/2005

The Mainland of China : Interim Provisions on the Administration of Chinese - Foreign Equity Joint Venture Job Intermediary Agencies 

The Ministry of Personnel, the Ministry of Commerce and the State Administration for Industry and Commerce jointly promulgated the revised "Interim Provisions on the Administration of Chinese - Foreign Equity Joint Venture Job Intermediary Agencies" on 24 May 2005, which took effect 30 days after the day of promulgation. According to the Provisions, Hong Kong service suppliers under the definition of the "Mainland and Hong Kong Closer Economic Partnership Arrangement" are allowed to set up joint-venture job intermediaries in the Mainland. The minimum registered capital of such joint ventures is US$125,000 and the proportion of Hong Kong service suppliers’ shareholding should not exceed 70%. Also, the Mainland partner intermediary must have been established for over 1 year. A copy of the revised Provisions is attached at Annex (pdf format) for reference.

ENQUIRIES

  1.  
  2. If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.

Yours faithfully,




(Hugo CHIU)

for Director-General of Trade and Industry



Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.