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) in New Jersey is largely the same as that for registering a company in other parts of China. To be legally registered in the SFTZ, companies must first submit documents to the relevant government agencies that prove the company’s legitimacy. These documents must include evidence of the company’s business plan, registration with the local government, and proof of the business’s legal standing in China, among other documents. Once the initial documents are approved, companies must then obtain a business license from the local authorities. The business license application must include details such as the company’s purpose, organizational structure and the number of employees it will have. Once the application is approved, the next step in the process is to register the company with the China Business Ventures Law Office. This requires submitting documents that detail the company’s financial situation and the types of business activities it plans to engage in. The office will then review the documents and issue a registration certificate. After the registration certificate is issued, the company must then apply for a business account at a local bank. Once the bank approves the business account, the company is then officially registered in the Shanghai Free Trade Zone. At this point, the company can begin to conduct business activities in the SFTZ.

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

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