What is required to open a foreign invested enterprise in China?

To open a foreign invested enterprise in China, there are a few requirements to consider. First, an applicant will need to obtain approval from the State Administration for Industry and Commerce. This approval must come before any action is taken to set up a business venture in the country. Second, a company must register to set up a business venture in China. This must be completed through the local Administration for Industry and Commerce. The application process involves providing the business registration and other documents. Third, a foreign investor must obtain approval from the State Administration of Foreign Exchange. This approval is necessary in order to transfer money into a Chinese bank account. Fourth, the company must obtain a business license. This license is required to conduct business in the country. It is important that the license is issued in accordance with the Chinese law. Finally, the company must also ensure that it meets a number of other requirements such as capital requirements, business scope, and legal structure. Once these criteria have been met, the foreign invested enterprise is ready to begin doing business in China.

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What is required to open a foreign invested enterprise in China?

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