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

In order to open a foreign invested enterprise in China, several requirements must be met. To begin, the company must register with the Administration of Industry and Commerce. This is done to obtain a business license. After registering with the Administration of Industry and Commerce, the company must submit an application to the State Administration of Foreign Exchange. This is done to obtain foreign exchange registration, which will allow the company to operate in China. After obtaining these two licenses, the company must then apply for any other relevant licenses such as a tax registration certificate and a social security registration certificate. The company must also open a bank account in China and apply for additional permits if needed. In addition to these steps, the company must also have a plan of operations. This plan should include the size of the new enterprise, the type of business, the scope of the business, the location of the business, and the capital investment. Once the plan of operations is completed, the company must then apply to the China Council for the Promotion of International Trade. This will initiate the procedures for setting up the company. Finally, all the documents must then be submitted to the Ministry of Commerce. Once all these requirements are met, the company will be registered and can begin operating in China.

Related FAQs

What is the legal process for registering a trademark in China?
What are the restrictions on advertising a foreign business in China?
How can I create a sound contract with a Chinese business partner?
How does Chinese law regulate the use of trademarks and copyright in China?
What are the provisions of the foreign investment law applicable to business ventures in China?
How are disputes between foreign investors and Chinese companies resolved?
What is required to open a foreign invested enterprise in China?
How can I enforce my intellectual property rights in China?
What restrictions apply to the export of technology from China?
What restrictions apply to the use of foreign currencies in China?

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

Related FAQs

Related Blog Posts