What are the procedures for setting up a representative office for a foreign company in China?

When setting up a representative office for a foreign company in China, there are a few important steps to take. First, the company needs to submit an application for registration of a representative office to the State Administration for Industry and Commerce (SAIC). This application should include the company name and purpose of the office. The application should also include details about the company’s background, the office’s motion and the company’s business activities. Second, the company should register for a Business License or a Foreign-investment Enterprises License with the local Administration of Industry & Commerce. Third, the company should register for a fiscal and statistical registration certificate with the local taxation bureau. Fourth, the company should open a bank account at a Chinese bank to receive and disburse funds for the representative office. Lastly, the company must comply with the rules and regulations of the local labor authority in order to hire any staff of the representative office. This includes registering the office and its employees with the Social Security Bureau and obtaining a work permit for all employees. Following these steps carefully and accurately will help ensure that the company’s representative office in China is set up properly and legally. It is important to familiarize yourself with China Business Ventures Law in Maryland and any related regulations before setting up a representative office.

What are the procedures for setting up a representative office for a foreign company in China?

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