According to Provisional Regulations on the Administration of talent agency with foreign investment, Chinese-Foreign equity joint talent agency is allowed to be established. The registered capital shall be no less than $300 thousand with Chinese capital being no less than 51% and foreign capital being no less than 25%. Both Chinese and foreign investors of the foreign-funded talent agency to be established shall be enterprises which have established for more than 3 years and have a good credibility. According to Mainland and Hong Kong, Macao Closer Economic Partnership Arrangement, service providers of Hong Kong and Macao are permitted to establish equity joint talent agency in the territory of China, foreign shareholding proportion being no more than 70%; the registered capital shall be no less than $125 thousand and the investors in mainland shall be enterprises which have established for more than one year.
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 talent agency.