What permits and licenses are required for a new business venture in China?

If you are planning on starting a new business venture in China, you will need to obtain a few different permits and licenses. These include an Investment License, a Business License, and a Foreign Expert Certificate. Firstly, your business will need an Investment License, which is issued by the Chinese Ministry of Commerce. This license is necessary for any foreign-invested enterprise to legally operate in China and will also serve as your official form of acceptance into the Chinese business community. Next, you need to obtain a Business License. This is typically issued by the local municipal or provincial government depending on the type of business you are setting up. The Business License provides information about your business, including your business type, size, location, and tax obligations. Finally, in order to gain permission to work in China, you will need to obtain a Foreign Expert Certificate. This is required for any foreign personnel who intend to work in China and will usually be issued by the local municipality or provincial office. By obtaining the necessary licenses and permits for your new business venture in China, you can be sure that you are setting yourself and your business up for success in the future.

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