タイトルまたは説明
Shanghai is an international
financial metropolis all over the world. The highly-developed
fields such as developed finance, trade, travel; shipping,
information and real estate catch up with world standard day by
day. The complete legal system, in accord with the market rule of
the international practice builds a fine investment environment
for Shanghai day by day. If you can take full advantages of good
opportunity of Shanghai and jump into the block of large
platforms, you will get more extensive development space. In
order to let the investors know more about the Shanghai company
registration, Tannet introduces it as following:
1ã€Name of
Shanghai JV：
Name of Joint Venture can not be
repeated. The industry is related with the registered capital.
You should prepare more than 3 names. The format of names:
Shanghai+ word size+ industry +limited company, or Word size +
Shanghai+ industry + limited company. E.g. Tannet group
(Shanghai) limited company.
2ã€Registered
capital：
The registered capital at least 1
million RMB, the foreign investors should invest more than *5% of
capital. At the first stage, the two sides should pay *0% of
capital amount in three months after getting the Business
License; the left should be paid within 2 years.
3ã€Shareholder
of the company：
TheChinese investors must
be legal person, the foreign investors can be natural person or
legal person
4ã€Industries
needed to apply for pre-approval:
Apply for the following trades
and industries, need to go to the relevant departments for
special permit, also known as pre-Approval. E.g.：Gas stations,
slaughter, education, religious groups, the auction industry, the
pawn, car parking, lawyers, accounting services, agency billing,
human resources intermediary, employment, study abroad
institutions, investment immigration agencies, construction,
decoration, engineering, road freight transport, publication
printing, cosmetics, food production and operation, travel
agencies, medical institutions, medicine and equipment,
insurance, banking and so on.
5ã€Business
scope：
Shanghai Company’s business scope
is limited; business license must exactly refer to the scope of
business; more registered capital, wider business scope. In order
to align to the WTO, Chinese government gradually relaxed the
business scope, as long as the laws and regulations can be
allowed to operate. If related to specific industries, you must
firstly apply for pre-approval.
6ã€Material
needed：
(1)ã€3 company name at
least
(2)ã€2 original Notarization of the business license or
certificate of incorporation of foreign parent
company;（It should be notarized by your notarization
Department and endorsed by local China Embassy）；If invest the
company in the name of a foreign person，providing the
passport（It should be notarized by your notarization Department
and endorsed by local China Embassy）；
(3)ã€2 original
bank reference letters (from investor's bank) indicating foreign
investors' creditability, issued within 6 months in both English
and Chinese version;
(4)ã€Chinese investor（it must
be company）needs to provide：the copy of business license and
stamped the seal of company, Tax Registration License,
Organization Code License, Capital Verification Reportã€New
auditing Report( if the company has not set up for one year,
there is no need to provide it.)
(5)ã€Board of Directors
Resolution of foreign investors
(6)ã€Registered capital
,business scope and proportion of investmentï¼›
(7)ã€Three photos of Legal
Representative，the copy passport of Legal
Representativeï¼›
(8)ã€M&A and
Feasibility Study Reportï¼›
(9）ã€The M&A and
Feasibility Study Report of Chinese company, the contract
between Chinese investors and foreign investors. If there are
more investors, it needs agreement about their rights,
obligation,and proportion of investment and so on.
(*0)ã€Contract of rent：
Manufacturing enterprise：original
Contract of rent in triplicate，3 copies of house-owner
certificate（You should rent the house in the name of the
investor or the company, more than **0 square meters // Lease
period :more than one year // Use for the plant）；
Non-production enterprise：original
Contract of rent in triplicate，3 copies of house-owner
certificate（You should rent the house in the name of the
investor or the company, more than *0 square meters // Lease
period: more than one year // Use for office or
business）
7ã€Procedure:
Fill the application
form——pay the advance payment——Check the company name with local
ICAB——Make M&A and Feasibility Study
Report——Go to the Foreign Economic
& Trading Commission for Certificate of
Approval;——Apply for the
Business License from ICAB——Apply for chops from the Public Security
Bureau——Apply for the
Organization Code License from Bureau of Quality and Technical
Supervision——- Apply for the
Tax Registration License from Tax Bureau—- Apply for Foreign exchange registration license
from National Administration of Foreign
Exchange——Open the verification
bank account——A verification report——Change the
Business License——Change the
Organization Code
License——Apply for Statistics Certificate――-Apply for
Financial Registration License
8ã€Services
content：
Certificate of Approval //M&A//
Feasibility Study Report // original
and duplicate of the Foreign-invested enterprises’
Approval// original and
duplicate of Business License // Official seal, the
Financial seal, Legal Representative seal // Seal Carving Registration Card //
original and duplicate of Organization
Code Licenseã€IC Card// original and duplicate of Tax Registration
License // Foreign Exchange
Registration License
9ã€Time
needed：
All the documents are already,
about *0 working days.
*0ã€Import and
Export right：
In Shanghai, the Import and
Export right is to go through the approval of Shanghai Foreign
Economy and Trade. The registered capital is must be 1million RMB
for applying for Import and Export right. We can do it for
you.
*1ã€Annual
auditing：
From the second year of company
registration, every year March 1 to June *0 must apply for
industrial and commercial annual inspection，the company
registered before the 1st July must do the auditing before the
annual, the company registered after the 1st July can do the
auditing directly. We can do it for you.
*2ã€Tax policy
in Shanghai：
From 1st, Jan, ***8,
Income tax is *5%, and the enterprise that registered in Pudong new
district and has been recognized in high technology enterprise that
will enjoy two free and three decreases. One year and second year
you need not pay the income tax, from the third year to the five
year you can pay the half of income
tax.
Please contact us for more detailed
information.
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Joint venture company in Shanghai
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