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 1Enterprise 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 2Approval from the Commerce Commission, to acquire an approved certificate for foreign invested enterprises from the public government office.
Stage 3Pr-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 4Business 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 5Application of company stamps, known as corporate seals.
Stage 6Foreign exchange registration (purpose: in the future you can apply for the foreign debt registration, bank loans, receipts and disbursements of international payments).
Stage 7Bank account opening for your LLC, (foreign currency settlement account, capital verification account, CNY basic account, tax payment account).
Stage 8Registration 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 9The following is the taxation registration stages:

Verification of tax category, basic setting for accounting books.

Stage 10Qualification application for general taxpayer (suitable for trading company, while the service industry shall skip this stage).
Stage 11Acquire 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 12Application and training for accounting electronic declaration system (it is suggested to consult the Financial Department of our team).
Stage 13Assign tax officer to carry out training for taxation system.
Stage 14Verification of tax category, and the tax bureau checks the office space.
Stage 15Invoice 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 ShareholderNotarization and authentication documents for the certificate of registration of foreign parent company issued by the Chinese embassy. Learn more: Embassy Notarization Authentication Documents2 sets, bilingual
Individual ShareholderNotarization and authentication documents for the passport issued by the Chinese embassy. 16 years old at least. Learn more: Embassy Notarization Authentication Documents2 sets, bilingual
Legal Representative – Chinese PeopleOriginal ID card, photo, 16 years old at least.none
Legal Representative – NonresidentNotarization and authentication documents for the passport issued by the Chinese embassy. 16 years old at least. Learn more: Embassy Notarization Authentication Documents2 sets, bilingual
Supervisor – Chinese PeopleOriginal ID card, photo, 16 years old at least.none
Supervisor – NonresidentPassport copy, photo, 16 years old at least.none

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SMEsChina teams focus on the growth of enterprise and providing a variety of business solutions in the area of strategy consultancy, WFOE setting up services, business registration, company formation, incorporation of domestic invested enterprise, finance and audit services, HR and payroll, corporate bank account, resident permit, immigration and visa, trademarks and legal compliance.

China is attracting more and more foreign companies, SMEs,entrepreneurs, startups, brands to invest and establish their business entities through reforming various laws and regulations actively. More than 47 million companies and small medium enterprises have registered their business entities in mainland China and over 3.5 million new enterprises are incorporated during each financial year with comfortable process of registering companies. Here SMEsChina is sharing our knowledge and business insights to global enterprises and companies for better learning the regulations and rules of China corporations running and corporate maintaining. All reference and guidance collected by SMEsChina Teams in accordance with the latest implemented laws of the People’s Republic of China on Wholly Foreign-Owned Enterprises ( WFOE ), Joint Venture ( JV ) and Limited Liability Company ( LLC ), Limited Liability Partnership ( LLP ), and other relevant and officially promulgated regulations and rules on the corporation formation and registration of industrial and commercial enterprises and related IP laws, immigration and resident policies ( VISA ), tax laws.

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