Shanghai Corporation Formation-Register Foreign Enterprise
Hotline: 86-21-68877368 Email: email@example.com
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Register Foreign Enterprise-The Overview of Shanghai
Shanghai lies on the west bank of the Huangpujiang River, which flows into the Changjiang (Yangtze) 28 km farther upstream. The northern part of Shanghai is separated from the rest of the city by the Wusong Jiang River. Shanghai is a special city in every respect. Only 50 years ago, it was still considered one of the most important metropolises of the world, as the trading and banking center of Asia. Foreigners lent Shanghai its appearance, making it more western than Chinese. Twenty-story-high buildings reach skyward; there are vast hotel complexes, villas and palaces that a visitor from the West can more easily identify than a temple, for they were built according to Western architectural style by former business and military men. The colonialists have gone, but their buildings remain, and the bustling life and activities of a large Chinese city prevail around them. A special kind of people lives there, brisk, smart, flexible and makes more of their appearance than other Chinese.
Register Foreign Enterprise-The Concept of WFOE
A WFOE stands for wholly foreign owned enterprise, which is a limited liability company wholly owned by either a foreign legal entity or a foreign natural person. The foreign investors may be foreign enterprises or individuals from Hong Kong, Macau, Taiwan or overseas.
Register Foreign Enterprise-Government Processing Procedure
1、Check the company name with local ICAB;
2、Pre-approval for some special sectors;
3、Apply for the business license from ICAB;
5、Apply for stamps from the Public Security Bureau;
6、Apply for the Organization Code License from Bureau of Quality and Technical Supervision;
7、Apply for Foreign exchange IC card & registration license from National Administration of Foreign Exchange;
8、Apply for the registration licenses from Tax Bureau;
9、Apply for Financial Registration for enterprises with Foreign Investment from Financial Department ;
10、Apply for the Certificate of Statistics from State Statistical Bureau;
11、Apply for the permits for the bank account opening from bank authorities;
12、Open the saving account with the bank (current account could be opened later);
13、Apply for the Import & Export registration license from local Customs (if needed).
Tannet is a diversified international company with a professional team, and we offering the service of China Company deregistration. For further queries, you are welcome to contact Tannet anytime, anywhere by simply calling at 86-21-68877368, or email at firstname.lastname@example.org
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