Necessary conditions for establishing a Shanghai Sino-foreig

Necessary conditions for establishing a Shanghai Sino-foreig

Include:
1. The registration requirements with foreign investors,
2. With business registered address that registration requirements,
3. With registered capital reaching the legal minimum requirements.
 
Simple processes for registering a Shanghai Sino-foreign joint venture:ftz services
1. Check and verify the name from the industrial and commercial bureau.
2. Approval for environmental protection and fire protection ( production ).
3. Previous approval for special industries ( if necessary, e.g. environmental protection,food business etc. ).
4. Go to Shanghai Municipal Commission of Commerce for transaction of foreign investment project approval.
5. Go to Shanghai Administration for Industry&Commerce to apply for certificate and business license.
6. Go to the institution assigned by Shanghai Municipal Public Security Bureau for obtaining seals engraving.
7. Go to Shanghai Municipal Taxation Bureau to apply for the state and local tax registration certificates.
8. Go to Shanghai Municipal Administration of Foreign Exchange to transact foreign exchange registration card.
9. Go to the local banks to open a foreign exchange capital account.
10. Go to the bank to open a basic account.
11. Apply for import and export approval.
12. Go to Shanghai Customs to register import and export registration certificates.
13. Commodity inspection registration certificate.
14. Apply for electronic port cards.
 
Foreign investors have to provide the following basic materials:
(1). Business registration certificate ( original files of verification needed );
(2). Business license of the company, implement notarization in the notary organ where the company is registered, and implement authentication in Chinese Embassy ( original files of verification needed ).
(3). Original bank reference letter, in duplicate ,Requirements: the bank reference letter shall be issued by the overseas initial bank of the foreign investors ( the credit amount or deposit balance shall not be less than its investment amount in China ), carry the official seal ( for backup ). Copies of ID card, exit-entry permit or passport of chairman of the company ( signature in person ).
 
Foreign natural person investors have to provide the following documents:ftz lawyer
(1). ID card, exit-entry permit or passport of investors, implement notarization in the notary organ where the company is registered, and implement authentication in Chinese Embassy.
(2). Original bank reference letter, in duplicate Requirement: the bank reference letter shall be issued by the overseas initial bank of the investors ( the credit amount or deposit balance shall not be less than its investment amount in China ).
 
The Chinese investors shall provide the following files:
(1). Enterprise Legal Person Business License ( original files of verification needed ).
(2). Copy of ID card of the legal representative of the company ( signature in person ), and carry the official seal ( for backup ).

Posted by investment service center

Lawyer Consulting
Legal Help for Foreign Enterprises into Shanghai FTZ : Solution Centre

Are you short on legal help and want to launch your business idea in China Shanghai Free Trade Zone? We offer ONE-STOP business law services and Turn Key Solution to Foreign Enterprises from all over the world.Contact Your Shanghai FTZ Consultant