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Shen Zhen FIPE Formation

Shenzhen FIPE formation Service Hotline:86-755-82143512, 

Foreign-invested partnership enterprise (FIPE) is an unlimited liability business entity at least one of whose partners is a foreign investor. Both foreign individuals and legal entities can be partners of a FIPE. The term partnership enterprise refers to general partnerships and limited partnerships. A general partnership enterprise may be formed by general partners who bear unlimited joint and several liability for the debts of the partnership. The general partners share unlimited liabilities for the debt of the partnership. On the other hand, a limited partnership enterprise is formed by a combination of general partners and limited partners where the limited partners bear the liabilities for the partnership's debts to the extent of their capital contributions.

Shen Zhen FIPE Formation-Establishing Steps
FIPE can apply for business license directly to local State Administration for Industry and Commerce (SAIC) without application for Certificate of Approval by local Ministry Of Commerce. However, if a FIPE’s business scope falls into some special category, for instance, manufacturing, finance, it needs to obtain a pre-approval as well.
•  Name Registration with local State Administration for Industry and Commerce (SAIC)
•  Pre-approval from local government authorities concerned if business scope entails such pre-approval.
•  Apply for temporary Business License with local SAIC
•  Chops made by Public Security Bureau (PSB)
•  Organization Code License by local Bureau of Quality and Technical Supervision (BQTS)
•  Tax Certificate by Taxation Bureau
•  Registation and Approval with State Administration of Foreign Exchange (SAFE)
•  Open Foreign Currency and RMB bank account
•  Inject Capital from investor’s overseas bank account
•  Capital Verification Report by Certified Public Accountant (CPA)
•  Applying for Permanent Business License with SAIC
•  Financial certificate Registration with Ministry of Finance
•  Statistics license Registration with local National Bureau of Statistics

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