JV Enterprise Registration

Documents Required

1.Two photocopy of business license of the investing company, which need to be legalized by China Embassy/consulate located in the same country. (If investor is a Hong Kong Company, it should be legalized by China law service (Hong Kong) company limited).

2.One original Bank credit letter of each investing company.

3.The Passport copy of the Legal representative of each investing company.

4.The proportion of the share of each investing company.

5.3pcs of 1-inch photos and photocopy of the passport or ID card of the legal representative of new company.

6.At least 5 optional of company Chinese names of the new company.

7.Business scope of the new company.

8.Photocopy of the ID card or passport of the supervisor;

9.2 pcs of office original rental contract and 2 pcs photocopy of real estate certificate (signature or seal of the landlord on the real estate certificate is required)

Procedure

Step 1: Name Check and Registration (5working days)

Step 2: Apply for Approval Certificate (15 working days)

Step 3: Apply for Business License (5 working days)

Step 4: Apply for Company official stamp permission. (1 working day)

Step 5: Apply for Organization Code License (1 working day)

Step 6: Tax Registration with Shanghai Tax Bureau (15 working days)

Step 7: Apply for Foreign Currency Registration Certificate (1 working day)

Step 8: Apply for Statistics certificate (1 working day)

Step 9: Apply for Financial Registration certificate (1 working day)

Step 10: Apply for Import and Export record (5 working days)

Step 11: Customs registration (5 working days)

Step 12: Apply for Electron port (1working day)

Step 13: Registration for Cancellation of foreign exchange after verification (1 working day).

Step 14: Registration for Inspection and Quarantine (1working day)

Step 15: Registration for Tax-exempt or rebate (15 working days)

Note: the processing time is variable subject to the government schedule; some procedures could be handled at same time.

Administration Fee:  Total 4,928RMB

1.Name verification : 100 RMB

2.Approval certificate : 10 RMB

3.Opening registration fee :

a. Registration: 800 RMB (0.08% base on investment capital)

b. business duplicate：110RMB

4.Organization Code certificate : 148 RMB

5.Company stamps : 250 RMB

6.Tax Registration certificate : 20 RMB

7.Foreign Currency Registration Certificate: 0RMB

8.Statistics certificate : 20 RMB

9.Financial Registration certificate : 20 RMB

10.Verification for Investment capital : 2000 RMB

11.Business license change : 110 RMB

12.Customs Record : 90 RMB

13.Electron port : 1250 RMB

Above expense is estimated base on investment capital 1million RMB, which will be adjusted per government’s actual requirement.