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

Opening a foreign invested enterprise in China requires meeting certain criteria. First, you must register with the State Administration for Market Supervision and Administration. This includes submitting registration documents such as the company’s business plan, a detailed financial statement, and other documents. You must also obtain a business license from the local State Administration for Industry and Commerce. This license specifies the company’s type, the amount of business capital, the business scope, and the directors. Once you have the license, you must register your business with the local tax bureau and seek approval from the banking authority. In addition, the foreign investor may need to obtain various other approvals and licenses, depending on the company’s activities, such as for foreign exchange activities or customs clearance. It is also necessary to register the company’s trademarks, patents, and copyrights. Finally, if the company is employing local citizens, it must register the personnel with the local labor authorities. Once all of these steps are completed, the company is ready to begin operations in China.

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

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