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Setting Up a WOFE in China

Step 1: Application for the Name Pre-approval
Approval authority: Administration of Industry and Commerce
Documents required:
1) Name pre-approval application form for setting up a WFOE
2) Authorization Letter from the investor for the name pre-approval 
Processing time: 5-Day

 

Step2: Application for the Approval Certificate for the establishment of a foreign invested enterprise
Application authority: Commerce Bureau
Documents required:
1) Application Form for setting up a WFOE
2) Feasibility Study
3) Articles of Association
4) Creditability Letter from the bank of the investor in certifying the account having descent transaction records
5) Audit report of last fiscal year of the investor
6) Appointment Letter of the legal representative
7) Appointment Letter of directors and List of directors
8) Notarization of the Incorporation Certificate of the investor
9) Certificate of the legal representative of the foreign investor
10) Name pre-approval notification
11) Catalogue of import and export commodities
12) Leasing Contract
13) Title Certificate of the real estate provided by the landlord
Processing time: 20-Day

 


Step 3: Application for the Business License
Approval authority: Administration of Industry and Commerce
Documents required:
1) Application Form for the registration of a WFOE
2) Articles of Association
3) Approval Certificate for the establishment of a foreign invested enterprise
4) Name pre-approval notification
5) Notarization of the Certificate of Incorporation of the investor
6) Copy of Title Certificate of the real estate provided by the landlord
7) Copy of Business License of the landlord
Processing time: 15-Day

 


Step 4: Application for Official Seal
Approval authority: Public Security Bureau
Documents required:
1) Seal Customization Form
2) Approval Certificate for the establishment of a foreign invested enterprise
3) Business License
4) Application Letter in making stamps
5) Reference Letter signed by the Chief Representative to verity the employment of the handling person by the office
6) Identification card of the handling person
Processing time: 2-Day

 


Step 5: Application for Organization Code Certificate
Approval authority: Organization Code Management Center
Documents required:
1) Approval Certificate for the establishment of a foreign invested enterprise
2) Business License
3) Passport of the Legal Representative
4) Official Seal
5) Identification card of the handling person
6) Organization Code Notification
Processing time: 10-Day

 


Step 6: Statistical Registration
Approval authority: Statistics Bureau
Documents required:
1) Statistical Registration Form
2) Business License
3) Organization Code Certificate
Processing time: 1-Day
 

 

Step 7: Tax Registration
Approval authority: Tax Bureau
Documents required:
1) Tax Registration Form
2) Approval Certificate for the establishment of a foreign invested enterprise
3) Business License
4) Articles of Association
5) Passport of the Legal Representative
6) Official Seal
7) Organization Code Certificate
8) Leasing Contract
9) Rent invoice
Processing time: 30-Day

 


Step 8: Foreign Exchange Registration & Opening Bank Account
Approval authority: Administration of Foreign Exchange
Documents required:
1) Application Letter
2) Registration Form of the basic information of the foreign invested enterprise
3) Approval Certificate for the establishment of a foreign invested enterprise
4) Business License
5) Articles of Association
6) Organization Code Certificate
Processing time: 20-Day

 


Step 9: Financial Registration
Approval authority: Finance Bureau
Documents required:
1) Approval Certificate for the establishment of a foreign invested enterprise
2) Business License
3) Articles of Association
4) Organization Code Certificate
5) Tax Registration Certificate
6) Foreign Exchange Registration Certificate
7) License for opening bank account
8) Financial Registration Form
Processing time: 8-Day

 


Step 10: Customs Registration
Approval authority: Customs
Documents required:
1) Business License
2) Articles of Association
3) Organization Code Certificate
4) Tax Registration Certificate
5) License for opening bank account
6) Registration Form of the customs declaration unit
7) Registration Form of the manager of customs declaration unit
Processing time: 30-Day
 


 

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