WOFE Registration Service
Corporation Registration
Eyes on China Registration Services
We take care of the registration procedure, saving you both time and resources and ensuring that your WOFE is correctly registered according to all of the PRC ’s latest legislations:
- Collecting, making and/or approval letters, feasibility report, proof of legal qualifications of all the investors, contract, filled forms, articles signed and documents requested
- Going and returning to the 13 Examination and Approval Departments according to their time limit
- Dealing with the 14 Examination and Approval Departments according to deadlines
- Fulfilling additional requirements in order to fully register your WOFE
Application Requirements
1. There must be minimum registered capital of 30 million $
2. There must be a practical registered address, the premise for business
3. Have good credit, have financial strength for setting up invested company; the last year the total amount of assets is no less than 400 million USD, and this investor has set up foreign-invested company. the actual payment of the registered capital amounts over 10 million USD.
4.
Have more than three proposals of projects have approved; or foreign investor have good reputation have financial strength for setting up invested company, this investor has set up more than ten foreign-invested companies engaged in production or infrastructure facilities construction, its actual payment of the registered capital amounts over 30 million USD.
5. Foreign investors who apply for the establishment of investment companies should a foreign companies, enterprises, economic organizations, or, if foreign investors are more than two, at least one foreign investors accounted for the largest shares should comply with the provisions of Article 3
Application Procedure
1. Pre-approval of WOFE Name
- Examination and Approval Department: Administration of Industry and Commerce
2. Warrant of Setting-up a Corporation
- Examination and Approval Department: Municipal Bureau of Commerce
Note: The qualification certificate and identification shall be notarized by the national notary institution and authorized by the host country´s embassy (consulate) Hong Kong, Macao investors should provide the local notary notarized document of identity and eligibility in accordance with the law (Hong Kong by the China Legal Service (HK) Limited stamping transmitting Seal transmitting, issued by the Mainland public security departments also can be used as MTPs Taiwan investors are natural and without proof of notarization); foreign investors and the host country China has yet to establish diplomatic relations or terminated diplomatic relations, their main qualification should prove identity or the host country after notarized by a notary public that have diplomatic relations with China the third country in the country that (recipients) Museum certification, the aforementioned notarization, and authentication documents should be notarized by Chinese embassy in the third country
3. Process of Proposed Agency Code
- Examination and Approval Department: State Bureau of Technical Supervision (The Administration Center of Organization Code)
4. Industry and Commerce WOFE Registration
- Examination and Approval Department: Administration of Industry and Commerce
Note: The qualification certificate and identification shall be notarized by the national notary institution and authorized by the host country´s embassy (consulate) Hong Kong, Macao investors should provide the local notary notarized document of identity and eligibility in accordance with the law (Hong Kong by the China Legal Service (HK) Limited stamping transmitting Seal transmitting, issued by the Mainland public security departments also can be used as MTPs Taiwan investors are natural and without proof of notarization); foreign investors and the host country China has yet to establish diplomatic relations or terminated diplomatic relations, their main qualification should prove identity or the host country after notarized by a notary public that have diplomatic relations with China the third country in the country that (recipients) Museum certification, the aforementioned notarization, and authentication documents should be notarized by Chinese embassy in the third country
5. Record at the Public Security Bureau
- Examination and Approval Department: Municipal Public Security Bureau (the Administration Center of Embarkation and Disembarkation)
6. Enterprise Chop Engrave
- Examination and Approval Department: Engraving of organization chop proposed by police station
7. Application for Code of Enterprise
- Examination and Approval Department: State Bureau of Technical Supervision (The Administration Center of Organization Code)
8. Tax Registration
- Examination and Approval Department: Municipal Local Taxation Bureau
9. Registration of Administration of Foreign Exchange
- 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 Procedure for WOFE Registration
- Examination and Approval Department: Customs