Approval and Registration of Enterprises (Establishment Registration of Foreign Funded Enterprises)
2015-04-20
A guide to Business
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A guide to license transaction
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Eligible object: limited liability companies with foreign investment
Permissive basis: 1. The Company Law of the People's Republic of China 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
decisive authority: the highest level administrative registration authority responsible for entitling the name for an enterprise
Permissive License and its validity period: business license of business entity
Long-term legal validity: business license is the legal certificate of the production and operation of enterprise
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: 1.registration of business entity with less than or equal to 10 million yuan’s registered capital, charge 0.8‰ of the total registered capital; entity exceeding 10 million yuan’s of registered capital, charge 0.4‰ of the surplus; entity exceeding 100 million yuan’s registered capital, no fee for the surplus.2. for enterprises without legal person qualification and braches of business entity that can not meet the civil liabilities independently, the registration fee is 300 yuan. 3. 50 yuan for each preparatory business.
Registration fee for enterprise alteration: 100 yuan for enterprise alteration. 1. for enterprises with registered capital increase, in case of less than or equal to 100 million worth of registered capital, charge 0.8‰ of the increased registered capital,in case of more than 10 million worth of registered capital ,charge 0.4‰ if the surplus. 2. no fee for surplus of enterprises exceeding 100 million yuan’s registered capital.
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Permissive basis
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Article 201 of <The Company Law of the People's Republic of China>
Article 202 of < Regulations of the People's Republic of China on Company Registration>
Article 217 of < Law on Cooperation of Foreign-Funded Enterprise>
Article 218 of < Law on Sole Proprietorship of Foreign-Funded Enterprise>
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Working procedure
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Acceptance( 4 working days) →approval ( 2 working days) →finish ( 1 working day)
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Required materials:
One copy of Cancellation of Registration of Foreign-funded Enterprise signed by legal representative
One copy of document of approval of the examining and approving authorities (official and written reply and the copy of instrument of ratification)
One copy of articles of corporation
One copy of Notification of Pre-Sanction of Corporate Names
One copy of Certificate of investor’s rights as principal or normal person
One copy of letters of appointment of member of the board, supervisor and manager, and copy of their proof of identity
One copy of letters of appointment of legal representative and copy of their proof of identity
One copy of certificate of capital verification issued by a legally authorized investment verification authority
In case of non-currency property for the first shareholder’s capital contribution, deliver one copy of certificate of property rights transfer formalities
One copy of the certificate of corporate domicile
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