In May 2015, the Ministry of Human Resources and Social Security
of the People's Republic of China ("MOHRSS") amended
a number of regulations. The regulations were amended to reflect
recent changes in the registered capital system and company
registration procedures and further the government's broader
strategy to limit administrative interference in business. The
regulations that were amended included the Administrative
Measures for Sino-Foreign Cooperative Operation of Occupational
Skills Training, Interim Administrative Provisions on
Establishment of Sino-Foreign Equity/Cooperative Joint Venture
Employment Agencies, Interim Administrative Provisions for
Sino-Foreign Joint Venture Talent Intermediary Agencies, and
Provisions on the Administration of Talents Markets.
The amendments involved the following key changes to the
establishment and operation of Sino-foreign employment agencies,
talent intermediary agencies (i.e., headhunters and executive
recruiters), and occupational skills training institutions and
The minimum registered capital and
capital verification requirements were removed. However, as in
other industries, the MOHRSS still requires such agencies and
institutions to meet certain operational standards, such as having
sufficient funds, qualified personnel, and appropriate
Approval from MOHRSS to operate is
required only after the business license of the joint venture is
issued, instead of prior to its establishment. This will make it
simpler to undertake initial investment and conduct pre-operational
activities such as hiring, equipment purchase, and fit-out of
Approval from the local MOHRSS on
holding of job fairs is no longer required.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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