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Business Registration:


We provide one-stop business registration service to foreign investors who intend to start companies or factories in China:

 

Representative Office:

 

It is of key importance to note that a Representative Office is not a separate legal entity rather it is an extension of its parent enterprise. A Representative Office may only engage in non-profit making activities.

It can carry out the following functions:
1. Conduct research and survey for its parent enterprise in the local market;
2. Liaise with local and foreign contacts in China on behalf of the parent enterprise;
3. Conduct research and provide data and promotional materials;
4. Act as a coordinator for the parent enterprise's activities in China;
5. Make travel arrangements for potential Chinese clients;

Under no circumstances may a Representative Office do the following:
1. Directly engaged in any business for profit;
2. Sign contracts or deals on behalf of the parent enterprise;
3. Represent any firm other than its parent enterprise;
4. Collect money or issue invoice within China for services or products;
5. Buy property or import production equipment.

 

Representative Office Registration Procedures

Foreign companies are not allowed to directly submit the application documents to the relevant authority. They must retain a PRC entity that is authorized or permitted by relevant authorities to act as an agent.   
 
Step 1: Register with the Government Administration of Industry and Commerce
Step 2: Apply for a chop for the Representative Office
Step 3: Apply for the Organization Code License
Step 4: Register with the Statistics Bureau
Step 5: Open a bank account for the Representative Office
Step 6: Register with the Taxation Bureau
Step 7: Apply for the Working Permit for the Chief Representative
Step 8: Apply for the Residence permit for the Chief Representative


Joint Venture:

A joint venture can turn under-utilized resources into profit, create a new profit center, and help you enter untapped markets more quickly.
Joint Venture is a popular method of expanding business. Major corporations and mid-sized companies are getting together, and small companies can, too, on a less formal basis.
Joint venture partners are matched by a process of closed proposal. Interested parties should submit a proposal of they would like to implement, stating what they bring to the project and what they expect from a Joint Venture partner.

Registration Procedures

Foreign companies are not allowed to directly submit the application documents to the relevant authority. They must retain a PRC entity that is authorized or permitted by relevant authorities to act as an agent.  


Step1: Check and Register Company Name
Step2: Apply for Approval Certificate
Step3: Apply for Business License
Step4: Apply for Organization Code License
Step5: Register in the Tax Bureau
Step6: Open a RMB bank account
Step7: Register Foreign Currency Certificate
Step8: Check the registered capital

 

Wholly-Owned Foreign-Funded Enterprise (WFOE):


The WFOE is a Limited liability company wholly owned by the foreign investor(s).  Because WFOE has its own advantages, it has been the most popular enterprise form for foreign investors to set up. In general, the advantages of a WFOE include: Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner; Ability to formally carry out business rather than just function as a representative office and enjoy the right of issuing invoices to their customers in RMB (Chinese Currency) and receiving revenues in RMB; Capability of converting RMB profits to the foreign currency for remittance to their parent companies outside China; Protection of intellectual know-how and technology; Greater efficiency in operations, management and future development.

Registration Procedures


Foreign companies are not allowed to directly submit the application documents to the relevant authority. They must retain a PRC entity that is authorized or permitted by relevant authorities to act as a sponsor.

  

Step1: Check and Register Company Name
Step2: Apply for Approval Certificate
Step3: Apply for Business License
Step4: Apply for Organization Code License
Step5: Register in the Tax Bureau
Step6: Open a RMB bank account
Step7: Register Foreign Currency Certificate
Step8: Check the registered capital

 

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