A Chinese company intends to set up a sino-foreign co-operative joint venture enterprisewi
A、A、 Registered capital of the joint venture is $MathJax 1,000,000, of which foreign capital accountsfor 22%, and China accountsfor 78%.
B、B、 Foreign party’s investment includes anequipment which is worth of $MathJax 100,000,and would arriveat the enterprise after three months of obtaining the business license.
C、C、 Chinese party invests $MathJax 300,000 in cash which lending from bank, and the joint ventureenterprise providesguaranteewith the equipment.
D、D、 The first five years profit would be distributed as the proportion of 50% eachside.ompany doesnot have social responsibility.