This blog is to discuss and share following information with friends worldwide: How to safely and smoothly do business in China:covering Risk Management, Chinese Company Verification and Investigation, Professional Sourcing, Purchasing Agent, Quality Control, Factory Auditing,Business Consulting etc. Chinese Cultures, Anti-fraud, Investment in China etc are also discussed in this blog. Please share and comment, my skype: momochong1 Website: www.chinabizservices.com
Wednesday, 3 September 2014
Chinese Company Registration Procedures
Office establishment and Chinese Company registration, WFOE setup etc, there
are the following 20 steps of business registration after STIN consultant has
confirmed the registration address, company name, business scope, register
capital and industry information etc. Since there are different requirements
between different industries during the registration process, please make a
specific consulting to STIN's business consultant, so you can get better
understanding of the different documents required for company registration.
Step 1: Chinese
Company name approval. Chinese and English name (Format: The city name+ Self
Choose Name+ Industry Attributes +Limited Company. For example: Changsha STIN Investment
Management Limited Company).
Approval of Commerce Committee. Get the Certificate of Approval and the
approval documents of the People's Government.
Pre-approval. Such as Food Circulation Certificate, Medical License, Logistic
License, Road Transportation Certificates, Liquor Wholesale and Distribution
License .Get related special license and the approval documents. Specific
reference to: Industrial Investment.
Industrial and Commercial Administrative Bureau registration, get business
licenses (Original and transcript).Start doing business. If it’s RO, there will
also be Chief Representative Certificate and Representative Certificates.
Apply for Enterprise
Code Certificate and IC card. Purpose: Application of later period's personnel
recruiting, bank account opening and Employment Visa.
Get the Tax Certificate (Original and transcript).
Foreign exchange registration (Purpose: Later period's foreign debt
registration, bank loan and International payments of income and expenses).
Bank account opening (Foreign currency settlement account, capital account, RMB
basic account and tax deduction account).
Statistic Certificate registration.
Financial Certificate application.
Inject register capital into capital account, issue capital verification
Change business license in accordance with paid-up capital.
Customs consignee and consignor registration, inspection and quarantine
registration (Applicable for import and export company, and we recommend you to
do the e-port system registration after actually had custom clearance
steps are tax and accounting service application phases:
Tax type verification, basic settings of book keeping.
Apply for general tax payer (Applicable for trading company, service company
can skip this step directly).
Get the General Tax Payer qualification, purchasing, installation, and training
of anti-counterfeiting tax control invoice issuing system. Get tax control
operator qualification certificate.
Application and training of accounting electronic declaration system (Consult
with financial department of STIN.)
Appoint tax management staff to do the tax system training.
Tax type verification, tax officer check working office.
Apply for invoices and step to normal operating period.
steps are an explanation of business registration in China, but since there are
different operating patterns between different industries, these 20 steps can
only be seemed as reference, If you want to enquiry further more, please
contact STIN consultant directly. You can get your tailored proposal and cost
offer. And these early stage consulting are all free.