Business Establishment Services
Rail freight transportation services JV Registration Service
Eyes on China Registration Services
We take care of the registration procedure saving you both time and resources and making sure that your JV is correctly registered according to all latest legislations:
- Collecting, making and approving letters
- Preparing and/ or verifying feasibility reports, proof of legal qualifications of all the investors, contracts, filled forms, articles signed and documents requested by the Minister of Foreign Trade and Economic
- Dealing with the 14 Examination and Approval Departments according to deadlines
- Fully registering your JV
Application Requirements
1 foreign investor is freight transportation enterprises engaged in freight transportation business for more than ten years and has strong fund strength and a good performance
2 Chinese investor is railroad freight transportation enterprises engaged in freight transportation business for more than ten years. Invested stock share ratio is no less than 51% in certain period required by Chinese government.
3 have freight transportation vehicles and other means of delivery correspondence to business scale, have necessary place facilities for railroad freight transportation business.
4 have stable supply channels
5 professional and technical personnel and management engaged in business
6 The minimum registered capital: $ 25 million
7 foreign capital ratio is no more than 49%, allowed foreign investors be the holding shareholder before Dec.11th ,2004,allowed foreign investors finance totally before Dec.11,2007
Application Procedure
1. Pre-approval of JV Name
- Examination and Approval Department: Administration of Industry and Commerce
2 Certification Needed for Operating Railroad Freight Transportation Business
- Examination and Approval Department: Ministry of Railways
3. Certification Needed for Setting up JV
- Examination and Approval Department: Municipal bureau of commerce
4. Process of Proposed Agency Code
- Examination and Approval Department: State Bureau of Technical Supervision (The Administration Center of Organization Code)
5. Industry and Commerce JV Registration
- Examination and Approval Department: Administration of Industry and Commerce
6. Record at the Public Security Bureau
- Examination and Approval Department: Municipal Public Security Bureau (the Administration Center of Embarkation and Disembarkation
7. Enterprise Chop Engrave
- Examination and Approval Department:Engraving of organization chop proposed by police station
8. Enterprise Code Registration
- Examination and Approval Department: State Bureau of Technical Supervision (The Administration Center of Organization Code)
9. Tax Registration
- Examination and Approval Department: Municipal Local Taxation Bureau
- Examination and Approval Department: Beijing Center of Foreign Exchange Control
- Examination and Approval Department: Local bank
- Examination and Approval Department: The Financial Bureau
- Examination and Approval Department: The Statistical Bureau
- Examination and Approval Department: The Customs
10. Administration of Foreign Exchange Registration
11. Opening Bank Account
12. Financial Registration
13. Statistic Registration
14. Beijing Customs