¢ñ.The best registered capital for foreign investment:-
1.The lowest registered capital for consulting service or technology undertaking should be all of 0.3 million HKD.
2.The lowest capital for trading company should be all of 0.5 million HKD.
3.The lowest registered capital for productive enterprise should be all of 1 million HKD.
4.The lowest registered capital for any investment corporation should be all of 30 million USD.
¢ò.Business scope:-
In China, all business scopes of industries are limited strictly and exactly. Foreign investment only is able to do the businesses within its acceptable area, which is marked in business certificate. Any modification should be applied for approving.
Take High-tech company for instance, the business scopes are computer area, computer IT consultation, internet technology, communication engineering, network engineering, electronic computer with electronic information, biological and medical, Optical-electro-mechanical Integration, a high-tech implementation in traditional industries etc.
Take consultation company for instance, the scopes are consultant on investment, consultant on international economic, consultant on trade information, consultant on market and sale, consultant on company management, and consultant on technology etc.
Take trading company for instance, the scopes involve the wholesale products, which should be allowed by law, imports and export etc. Any words regarding trading and selling are forbidden.
Take investment company for instance, the scopes involve the commercial investment, eg. Paper investment, risks investment, realty investment ect.
All above are the same as the acceptance by the government.
¢ó.Necessary Documents:-
A.Register for foreign investment enterprise in China.
The investor is private.
1.The company full name.
2.The original leasehold contract for the office/the original house property certificate and the office phone number
3.Name list of the directorates and their original passports or IDs.
(The memberships of directorates must be above 3. Supposed to one executive director then provide the passports or IDs of legal representative only Personal bank credit certification and personal identity confirmed.)
4.The passport or ID, 3 photos and detailed address and telephone of legal representative.
5.The registered capital or total investment (in HKD/USD).
6.Feasibility report for the project.
7.Products list. (Trading companies need to provide)
???? To register the trade company if the investor is an enterprise, they need supply:
a)Commercial register, registration certificate and charter of company.
b)Lawyer witness.
c)The certificate of appointing the director.
d) Investment companies certified lawyers certification (accounts location lawyers certification or certification embassy)
e)The directorate resolution
(Note the agreement of setting up foreign enterprise in China and appoint one person, who is the legal representative and director, and have the right to rental the office and deal with the related things.)
f)The passport, ID and native certificate of the director and legal representative of the investors.
(Provide the copies with signature at first. After around a week, provide the originals to apply the general taxpayer.)
g)3 original credit certificates of the investor.
(Require to supply the deposit and credit certificates for the investor¡¯s bank in the registered city.)
h)The detailed contact ways of registered city.
i)The name list of all directorate members.
j)Provide the audit report if enterprise has been set up over one year.
Remarks: - Please provide all materials above mentioned as original.?
¢ô.?Register of Chinese-foreign Joint Ventures in China.
1.Full company name of joint venture.
2.The original leasehold contract for the office / the original house property certificate and the office phone number
3.The name list of assigned director, associate director and candidates of director by the partners.
4.The passport or ID, 3 photos and detailed address and telephone of legal representative.
5.The registered capital and total investment (HKD/USD).
6.Feasibility report for the project.
7.The list of products (trade companies should provide)
8.Contract of Sino-foreign joint ventures.
9.Both parties of investors should provide the materials as below:
Foreign company is requested to provide followings:
¡§?Commercial register, registration certificate and charter of company.
Lawyer witness.
Counsel certification
Individual shareholders of ID and credit verification and certification accounts location embassy or certification
¡§The certificate of appointing the director.
¡§The directorate resolution
(Note the agreement of setting up foreign enterprise in China and appoint one person, who is the legal representative and director, and have the right to rental the office and deal with the related things.)
¡§The passport, ID and native certificate of the director and legal representative of the investors.
(Provide the copies with signature at first. After around a week, provide the originals to apply the general taxpayer.)
¡§3 original credit certificates of the investor.
(Require to supply the deposit and credit certificates for the investor¡¯s bank in the registered city.)
¡§The detailed contact ways of registered city.
¡§The name list of all directorate members.
Remarks: - Please provide all materials above mentioned as original. (To avoid delaying the procedure, please keep the official seal in Shenzhen, so we can stamp any time in China.)
b)Chinese company is request to provide the followings:-
¡§Business license.
The identification copy of legal person.
The charter of company
The decision by the stockholders¡¯ meeting
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¢õ.Transaction Time:
The government needs a series of procedure for application, so 30 days is required for approving
¢ö.All certifications will be obtained.
1.The approved originals and copies certificates for foreign investment.
2.6 approved originals documents for foreign investment.
3.3 charters of company.
4.The originals and copies of business licenses.
5.Official seal, financial seal, legal person¡¯s private seal and the seal for customs only.
6. Character seals records.
7.The original and copy of organization code certificate and card.
8.The originals and copies on registrations of central tax and land tax.
9.License for opening an account. (RMB account)
10.Customs registration.
11.The capital account. (Foreign exchange account)
¢÷.Registered capital equity investment and payment:-
Input the registered capital by stages once the company gets business certification. A qualification report, which should be put on records by industrial and commercial administrative organization, is to be issued by Chinese accounting firm after paying out with 30 days.
Registered capital payment:-
A.Currency input:- Remit registered capital from abroad to the account of Shenzhen China
B.Equipment input: - After transacting the import customs, the business qualification appraisal organization do appraise then the qualification report is to be issued by Chinese accounting firm.
Usage of registered capital
Registered capital is to be transferred to the bank account in RMB for purchasing office facilities, productive equipments or as the current fund, once the accounting firm finished the appraisal.
Company bank account
The company is able to open the bank account in RMB at any bank, but should appoint one for drawing cash only. It needs to apply a bank account in foreign currency to the state exchange administration.
¢ø.Notice on ratepaying
1.Tax registration & account book.
In case be punished by tax department, should be better finish tax registration as soon as possible, and then create the account book in time as well.
2.Daily declarations & mainly correlative categories of taxes.
¡§Individual income tax.
¡§Sales tax.
¡§Stamp tax.
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