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Business Establishment Services

Telecommunication 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

Registration capital should comply with the following regulations:

1. Operating basic telecommunication business in whole country or throughout provinces and autonomous regions, municipalities, its minimum registered capital is 2 billion RMB; operating the value-added telecommunication business, minimum registered capital is 10 million RMB;

2. Operating basic telecommunication business in scope of one province or one autonomous region, one municipality, its minimum registered capital is 200 million RMB; operating the value-added telecommunication business, minimum registered capital is 1 million RMB.

3. The investment fund ratio by foreign investor ultimately should not exceed 49% for operating basic telecommunication services (except wireless paging business) of Sino-foreign telecom enterprises.

4. The investment fund ratio by foreign investor ultimately should not exceed 50% operating value-added telecommunication business (including wireless paging business in basic telecommunication business) of Sino-foreign telecom enterprises.

5. Chinese major investor should comply with the following requirements:

(A) Set up according to law

(B) Have the fund and professionals engaged in business activities

(C) Comply with the requirements under the careful and specific industry regulated by State Council information industry department

6. Chinese major investor in preceding paragraph is the Chinese investors who controlled most investment fund and have more than 30% of the total investment funds issued by Chinese investors

7. Foreign major investor should comply with the following requirements:

(A) Should be the legal corporation

(B) Have the business license engaged in basic telecom business

(C) Have the fund and professionals engaged in business activities

(D) Have good performance and operation experience engaged in basic telecom business

8. Foreign major investor in preceding paragraph is the investors who controlled most investment fund and have more than 30% of the total investment funds issued by foreign investors

9. Operating value-added telecommunication business, foreign major investor in Sino-foreign telecom enterprises should have good performance and operation experience engaged in basic telecom business

Application Procedure

1. Pre-approval of JV Name

• Examination and Approval Department: Administration of Industry and Commerce

2 Examination Proposal for Setting up Sino-foreign Telecom Business

• Examination and Approval Department: Ministry of Information Industry

  3. Certification Needed for Setting up JV

  • Examination and Approval Department: Municipal bureau of commerce

    4. Proposed Agency Code Registration

    • Examination and Approval Department: State Bureau of Technical Supervision or The Administration Center of Organization Code)

5. Business license registration in basic telecom business

• Examination and Approval Department: Information industry administration

  6. Industry and Commerce JV Registration

  • Examination and Approval Department: Administration of Industry and Commerce

    7. Public Security Bureau Registration

    • Examination and Approval Department: Municipal Public Security Bureau or the Administration Center of Embarkation and Disembarkation

      8. Chop of Enterprise Registration

      • Examination and Approval Department:Engraving of organization chop proposed by police station

      • 9. Enterprise Code Registration

        • Examination and Approval Department: State Bureau of Technical Supervision or The Administration Center of Organization Code)

        10. Tax Registration

        • Examination and Approval Department: Municipal Local Taxation Bureau

        11. Administration of Foreign Exchange Registration

        • Examination and Approval Department: Beijing Center of Foreign Exchange Control

        12. Opening Bank Account

        • Examination and Approval Department: Local bank

        13. Financial Registration

        • Examination and Approval Department: The Financial Bureau

        14. Statistic Registration

        • Examination and Approval Department: The Statistical Bureau

        15. Beijing Customs

        • Examination and Approval Department: The Customs