A Guide to Business
A guide to License transaction |
Eligible object: limited liability companies with foreign investment Permissive basis: 1. the Law of the People’s Republic of China on Foreign-Funded Enterprises 2. Regulations of the People's Republic of China on Company Registration 3. Law on Joint Venture of Foreign-Funded Enterprise 4. Law on Cooperation of Foreign-Funded Enterprise 5. Law on Sole Proprietorship of Foreign-Funded Enterprise Item type: Items subject to administrative examination and approval License type: report relevant paperwork the decisive authority: the highest level administrative registration authority responsible for entitling the name for an enterprise. Permissive license and validity period: the cancellation of notification is permitted Long-term legal validity: cancellation of registration certificate, termination of enterprise’s operation certificate Permissive condition: 1. conditions prescribed by the corporate law 2. conditions prescribed by regulation on enterprises in the three forms of joint venture, cooperative business and foreign investment. Permissive way: examination and approval Permissive amount: unlimited Committed period: 7 working days License fee: nil |
Permissive basis |
Article 201 of The Company Law of the People's Republic of China Article 218 of Law on Sole Proprietorship of Foreign-Funded Enterprise |
Working procedure |
Acceptance( 4 working days) →approval ( 2 working days) → approval→ finish( 1 day) |
Required materials:
One copy of Cancellation of Registration of Foreign-Funded Enterprise signed by the liquidation group
Material description: Cancellation of Registration of Foreign-Funded Enterprise signed by the liquidation group
One copy of approval document by former examining and approving organ
Material description: approval document by former examining and approving organ
One copy of resolution or decision made in accordance with the law
Material description: resolution or decision made in accordance with the law
One copy of liquidation report identified and filed in accordance with the law
Material description: resolution or decision made in accordance with the law
One copy of duty-paid proof provided by departments in Customs and tax authorities
Material description: duty-paid proof provided by departments in Customs and tax authorities
One copy of Cancellation of Registration of branches
Material description: Cancellation of Registration of branches
One copy of Cancellation of Registration of branches
Material description: Cancellation of Registration of branches
One copy of other relevant document
Material description: other relevant document