Generally, except for several conditional investment sector such as real estate, finance and banking, education and trainings, there is no requirement for minimum investment capital. However, foreign investor must have enough capital resources to successfully realise the business goals set out in the Investment Certificate.
Investment Capital stated in the Investment Certificate shall include Equity and Loan Capital, in which, the Equity must be at least 20% of total Investment Capital.
In practice, generally, at least 20% of the total investment amount should be contributed as equity (rather than from loans). In the case of a JSC, founding shareholders of JSCs are required to register to subscribe together for at least 20% of the number of ordinary shares offered for sale.