WOFE Registration Service
Direct-Selling 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. Investors should have good reputation, and no business operation against
law in 5 consecutive years before the time of application.
2.
Foreign
investors must have at least 3 years experience in foreign-invested direct-selling outside China.
3. There must be minimum registered capital of 80,000,000RMB
4. Have paid sufficient deposits in designated banks
5. Establishment of information record and information exposure system
Application Procedure
1. Pre-approval of WOFE Name
- Examination and Approval Department: Administration of Industry and Commerce
2. Application for Setting-up of WOFE
- Examination and Approval Department: Municipal Bureau of Commerce
- Required Documents:
- Documents and certificates to show the enterprise is capable of doing direct-selling
- Marketing plans reports, and service network plans in direct-selling area authorized by
- At least a local people´s government at county level
- Instruction of the products according to the national standards
- Samples of sales promotion contracts to be singed with salesperson
- Credit certificates issued by accounting firms
- Agreements between enterprises and banks in using deposits according to law
- Any other requirements by the Bureau of Commerce
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
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
