Designated by the local government and General Administration of Quality Supervision. Inspection and Quarantine of the People’s Republic of China, CCIC Guangdong is the civil organization responsible for the appraisal of foreign-invested properties in Guangdong province.

According to the Administration Rules for Foreign-invested Property appraisal issued by the Ministry of Treasury of P.R.China, both tangible assets (machines, equipment, materials, etc.) and intangible assets directly invested by or imported from abroad at the request of foreign investors, are subject to property appraisal if foreign companies, enterprises, other economic organizations or individuals (those from Hong Kong, Macao, and Taiwan included) open up business and carry on various kinds of compensatory trade in Guangdong.

Appraisal of property nature, nature, quality and quantity---to survey on the name, type, quality, specification, trade mark, depreciation rate and manufacturing date, original country, manufacturer, etc. of the foreign-invested properties.


Value appraisal--- to assess the current value of the foreign-invested properties.
Loss appraisal---to identity the cause and effect of loss, estimated the cost for settling losses and the value of the residual properties, in case of any natural calamities or accidents happening to the foreign-invested properties.
The certificate of assets appraisal issued by CCIC Guangdong is the evidence of investment proportion of each investor. Meanwhile it is the indispensable document for new business registration, annual audit, assets liquidation and capital verification. A certified public accountant firm in Guangdong province should verify the capital of the foreign-invested enterprise on the basis of the certification issued by CCIC Guangdong.

 

   
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