Page 15 - Doing Business in China
P. 15

BUSINESS ENTITIES





             ESTABLISHMENT PROCEDURES

             This is a simplified version for reference purposes only�



                       Required documents provided by                Required documents provided by
                       foreign investors                             foreign investors


                                  RO                                                 WFOE/JV



                       Apply for and obtain:                         Apply for and obtain:
                          • RO Registration Certificate                • Business Licence
                          • Chief Representative Certificate           • Electronic-Business License



                                  RO                                                 WFOE/JV



                               Engrave Official Seal, Financial Seal, Legal Representative Seal, and Fapiao Seal




                                  RO                                                 WFOE/JV


                                                                     Open Bank accounts:
                          Open RMB basic bank account
                                                                       • Open CNY basic account
                                                                       • Apply for and obtain Foreign
                                                                      Exchange Registration Certificate
                                                                       • Open foreign currency capital
                                                                      account



                                                                                     WFOE/JV


                                                                     If business activities involve import
                                                                     and export, the company shall apply
                                                                     for and obtain additionally:
                                                                       • Customs Registration Certificate
                                                                       • Electronic Port Card






















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