The Interim Methods for Trial Establishment of Chinese-Foreign Joint-Ventured Foreign Trade Companies promulgated in 1996 provided that investors of joint-ventured foreign trade companies shall pay in full their contributions to the registered capital within 1 month from the day when business licenses are issued. This provision was stricter than that for general foreign-invested enterprises
The Interim Methods for Establishment of Chinese-Foreign Joint-Ventured Foreign Trade Companies states that investors of joint-ventured foreign trade companies shall pay in full their contributions to the registered capital within the time limit set forth in relevant regulations of the State, i.e. they can pay their contributions by phases as agreed in contracts. The 1st-phase contributions shall not be less than 15 per cent of the subscribed investment, and shall be paid in full within 3 months from the day when business licenses for venture investment enterprises are issued. The remaining contributions shall be paid in full within 3 years from the day when business licenses for venture investment enterprises are issued. Obviously, the provision on time limit for investors to pay their contributions to the registered capital is more flexible.