According to the Provisions on the Administration of Road Transport Services with Foreign Investment (Nov. 20, 2001) by the Ministry of Communications and the Ministry of Foreign Trade and Economic Corporation, and Notice of the Ministry of Communications on Further Opening the Investment Field of Road Transport to Foreign Investors (Nov.28, 2002) by Ministry of Communications, road transport industry includes road passengers transport, road goods transport, road goods portage and loading and unloading, road goods storage and other supplementary services and vehicle maintenance relating to road transport. Chinese and Foreign investors road transport enterprises with foreign investment to be established shall invest with free assets. Chinese cooperators shall have 3-year experience in road transport industry; if they are engaged in goods transport, they shall have 20 vehicle and fixed facilities.
The topic summarizes the related rules & regulations, registration requirements, procedures, accounting & tax by SMERT, SAIC, Tax Bureau and other related departments you may focus on in relation to foreign invested transportation(highway)company.