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

Opening a foreign invested enterprise in China requires several steps. First, the foreign investor is required to select a business form which includes a foreign-invested enterprise, a joint venture, a foreign-invested partnership, or a foreign-invested enterprise cooperative. Second, the foreign investor must complete the pre-establishment national and local registration process. This includes obtaining the necessary business licenses, such as an enterprise legal person registration certificate, a business license, and an organization identification code certificate. Third, the foreign investor must open a Chinese bank account and apply for foreign exchange registration. Finally, the foreign investor must complete the foreign exchange registration process, which will allow the foreign investor to remit capital to China or convert foreign exchange into Chinese currency. After these steps have been completed, the foreign investor must form a company to open a foreign invested enterprise in China. The company must have registered capital, a business scope, and a registered address. Once these steps have been completed and the required documents have been submitted to the local government, the foreign investor may begin to legally operate the business as a foreign invested enterprise in China.

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

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