Business Establishment Services
Road Transportation JV company 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. The minimum registered captal:100,000RMB
2. Have practical registered address
3. At least one important investor should have engaged in road transportation business in China for more than five years
4. Foreign shares ratio is no more than 49%
5. 50% of registered capital is used for infrastructure construction and transformation on passenger transport
6. Transportation vehicles in business should be intermediate and above ones
Application Procedure
1. Pre-approval of JV Name
- Examination and Approval Department: Administration of Industry and Commerce
2. Initiation and Application for the project
- Examination and Approval Department: The transportation department
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. Chop of Enterprise Registration
- Examination and Approval Department:Engraving of organization chop proposed by police station
8. Tax Registration
- Examination and Approval Department: Municipal Local Taxation Bureau
9. Administration of Foreign Exchange Registration
- Examination and Approval Department: Beijing Center of Foreign Exchange Control
10. Opening Bank Account
- Examination and Approval Department: Local bank
11. Financial Registration
- Examination and Approval Department: The Financial Bureau
12. Statistic Registration
- Examination and Approval Department: The Statistical Bureau
13. Beijing Customs
- Examination and Approval Department: The Customs
