What is the process of registering a foreign-funded company in China?

The process of registering a foreign-funded company in China can be complicated. The first step is to register the foreign-funded company with local Chinese authorities and obtain an enterprise license. The foreign investor must select a Chinese company name, and then submit various documents to the Chinese government, such as a business plan and proof of foreign investor ownership. Additionally, the foreign investor must obtain other registration certificates, such as a certificate of organization code, a tax registration certificate, and a foreign exchange registration certificate. Once the documents are submitted, the foreign-funded company must apply for the necessary administrative approval. This includes obtaining approval from the State Administration for Industry and Commerce, the Ministry of Public Security, the Taxation Bureau, and the Foreign Exchange Bureau. Once these approvals are obtained, the foreign-funded company must obtain an industrial and commercial registration certificate and a secret registration certificate. The foreign-funded company must then file an application form with the China Administration of Industry and Commerce and deposit a company seal before signing a contract with the China Administration of Industry and Commerce. This is the final step in the process of registering a foreign-funded company in China. With the contract, a foreign-funded company will be allowed to open a bank account in China and conduct its business activities.

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