Schedule for Foreign funded Company Registration by local Agents or Lawyers
After your confirmation with all relevant information such as the registered address, company name, business scope, registered capital and industrial selection with our consultants and lawyers of SMEsChina enterprises service center. The actual registration stages would be started quickly and easily, which is mainly divided into the following 15 stages. There are different requirements for different industries in the process of business registration, therefore, please consult with our business consultants so that we can provide particular documents of company establishment application based on the foreign investment laws.
| Stage 1 | Enterprise name approval, a corporate name includes both languages, Chinese and English (Format: Shanghai + Name + Industry + Limited, e.g. Shanghai KFC Enterprises Investment Management Co., Ltd.), or KFC Enterprises Investment Management (Shanghai) Limited. |
|---|---|
| Stage 2 | Approval from the Commerce Commission, to acquire an approved certificate for foreign invested enterprises from the public government office. |
| Stage 3 | Pr-approval, such as food circulation, medical equipment, logistics, road transport and alcohol wholesale, etc. that need special procedure of approval, to acquire files of qualification approval for special industries. |
| Stage 4 | Business registration, obtain business license (original and duplicate) issued by industrial and commercial bureau, the representative office need to apply for the chief representative certificate and general representative certificate. |
| Stage 5 | Application of company stamps, known as corporate seals. |
| Stage 6 | Foreign exchange registration (purpose: in the future you can apply for the foreign debt registration, bank loans, receipts and disbursements of international payments). |
| Stage 7 | Bank account opening for your LLC, (foreign currency settlement account, capital verification account, CNY basic account, tax payment account). |
| Stage 8 | Registration of consignee and consignor of the Customs, inspection and quarantine registration, if your China LLC is an international businesses, you have to apply for it, known as import and export licenses and permits. |
| Stage 9 | The following is the taxation registration stages: Verification of tax category, basic setting for accounting books. |
| Stage 10 | Qualification application for general taxpayer (suitable for trading company, while the service industry shall skip this stage). |
| Stage 11 | Acquire the general taxpayer qualification, implement the stage for purchase, installation and training for anti-counterfeiting tax control billing system. And obtain post certificate for tax control operator. |
| Stage 12 | Application and training for accounting electronic declaration system (it is suggested to consult the Financial Department of our team). |
| Stage 13 | Assign tax officer to carry out training for taxation system. |
| Stage 14 | Verification of tax category, and the tax bureau checks the office space. |
| Stage 15 | Invoice application, and enter the operation stage. |
The above 15 stages are main instructions for business registration for a LLC in China. As different industries and different operation models have different requirements, and thus, these 15 stages are only for your reference. If you need further consultation, please contact our business consultants, you could obtain a details proposal of China LLC registration and we offer customized based on your needs, and these early consultations are all free.
Requirements of China LLC Registration
| Key Structure of WFOE: | Required Documents: | Remarks: |
|---|---|---|
| Corporate Shareholder | Notarization and authentication documents for the certificate of registration of foreign parent company issued by the Chinese embassy. Learn more: Embassy Notarization Authentication Documents | 2 sets, bilingual |
| Individual Shareholder | Notarization and authentication documents for the passport issued by the Chinese embassy. 16 years old at least. Learn more: Embassy Notarization Authentication Documents | 2 sets, bilingual |
| Legal Representative – Chinese People | Original ID card, photo, 16 years old at least. | none |
| Legal Representative – Nonresident | Notarization and authentication documents for the passport issued by the Chinese embassy. 16 years old at least. Learn more: Embassy Notarization Authentication Documents | 2 sets, bilingual |
| Supervisor – Chinese People | Original ID card, photo, 16 years old at least. | none |
| Supervisor – Nonresident | Passport copy, photo, 16 years old at least. | none |
