BEIJING, Dec 28: Pakistani investors may take the benefit of the free services to establish their companies in the Chinese capital, either for individual business or to undertake joint ventures, said official sources here on Saturday.

The sources told APP that, starting January 1, Beijing will offer a variety of free services to help overseas investors establish companies in the Chinese capital.

The free service package has been launched by the Beijing Foreign Investment Service Centre (BFISC). It covers a broad field, including investment consultation, search for investment projects and business partners, handling of application procedures, registration with departments of industry and commerce, and dealing with investors’ complaints.

The foreign investors, including those from Pakistan had to pay a charge of 50 to 150 yuan when they sought advice from the BFISC on the establishment of foreign invested companies, said Sun Changtai, head of the BFISC.

If foreign investors prefer, they may go on their own to the proper departments of the Beijing Municipal Government to complete business application and approval procedures, Sun added.

According to Chen, Beijing approved some 1,033 foreign-invested companies between January and November, introducing foreign investment of $3.54 billion, up 63.2 per cent over the same period of last year.

Beijing Investment Service Centre is the organization authorized by the Beijing Municipal Government to serve investors of both Chinese and foreign business.

It is the intermediary organization to provide investors consulting service on the policy, law, regulation and application procedures regarding the investment and trade and other economic activities.

It is the standing working body of the Beijing Foreign Investment Enterprises Association and the governing body of the foreign-funded enterprises in Beijing.

Since its founding, the centre has received several thousand investor groups all over the world and has provided consulting service to around 10,000 investors from both home and abroad.—APP

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