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

Opening a foreign invested enterprise (FIE) in China requires a variety of steps and considerations. First, prospective companies must choose the type of FIE they want to open. This could be a Wholly Foreign-Owned Enterprise (WFOE), a Sino-foreign Equity Joint Venture, a Cooperative Joint Venture, or a Representative Office. Next, companies must register with the Administration for Industry and Commerce (AIC) of the local area. During the registration process, companies must submit documents and provide information such as the type of company to be established, contact information of the responsible manager, and the amount of investment to be made. Companies must also gain approval from local authorities such as the local AIC and the local State Taxation Bureau. Companies must then obtain a business license and open a business bank account. Companies must then register with the local office of the State Administration of Foreign Exchange so they can legally operate in China. Finally, before they can open their business, companies must obtain necessary approvals from government departments and authorizations from local departments. These can include approvals such as the environmental protection certificate, as well as authorizations from departments like the fire department, health department, and the local office of the State Administration for Industry and Commerce. After all these steps are completed, the company should be able to open their FIE in China.

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

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