Dalian Work Permit–Enterprise Must Have 3 Million RMB Registered Capital

Effective August 1, the government of Dalian in Liaoning Province has instituted a policy that a local enterprise must have a minimum 3 million RMB in registered capital to sponsor a foreigner for  a work permit.

Foreigners who already have work permits at companies with less than 3 million RMB will be grandfathered so they can still qualify for extensions.

China Briefing Magazine suggests this measure is likely to affect service and IT companies more than manufacturers because the former tend to be less capital intensive.

The open question is whether Dalian’s restrictions will spread to other localities. Stay tuned.

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