What is the legal process for registering a company in the Shanghai Free Trade Zone?

The process for registering a company in the Shanghai Free Trade Zone (SFTZ), China, is relatively straightforward. In order to register a company, an individual or group must first submit an application to the Shanghai Free Trade Zone Administrative Commission. The application must include registration documents such as the Business Plan, business license, company registration certificate, and other related documents. After the application has been approved by the Commission, the company must then register with the Shanghai Office Administration Bureau. There, the applicant must present the original registration documents as well as a letter of appointment for the company’s board of directors. Once the registration is approved, the company must obtain the official company seal and then register with the China Business Ventures Law. This is done by obtaining an Enterprise Legal Person Certificate, providing information on the company’s board of directors, and submitting a signed business plan. Once the company is registered, it must register a bank account and transfer funds into it. The company must then register with the China Free Trade Zone Tax Bureau in order to obtain a business tax ID number for tax purposes. Finally, the company must complete its business registration at the SFTZ with the assistance of a business service provider. This involves filing its business registration certificate and business plan, and then registering with the SFTZ Industries Administration Bureau. Following these steps will ensure that a company is properly registered in the Shanghai Free Trade Zone per the requirements of the China Business Ventures Law.

Related FAQs

What terms and conditions apply to commercial leases in China?
What are the labour laws applicable to the employment of foreign workers in China?
What legal procedures must be followed when hiring Chinese citizens as employees?
What is the legal process for setting up a venture capital fund in China?
How can I protect my intellectual property rights in China?
What is the process for obtaining government permits and approvals in China?
What are the rules governing the formation and operation of a representative office in China?
What is the legal process for registering a company in a special economic zone in China?
What are the different types of business entities available to operate in China?
How are disputes between foreign investors and Chinese companies resolved?

What is the legal process for registering a company in the Shanghai Free Trade Zone?

Related FAQs

Related Blog Posts