Foreign-invested printing enterprises registration in China

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1 Foreign-invested printing enterprises registration in China Application requirements(conditions): The minimum registered capital (foreign-invested printing enterprises engaged in publication, packaging and decoration printed matter business activities) :10 millions RMB The minimum registered capital (foreign-invested printing enterprises engaged in other printed matter business activities) :5 millions RMB have practical registered address Chinese and foreign Investors should be the legal persons with whole civil liability and has directly or indirectly engaged in the printing business management experience other investors one must meet the following requirements: 1, could provide the international advanced management mode and printing business experience; 2, can provide printing technology and equipment of the level of international leading; 3, to provide a more solid funding. limited liability companies for foreign-invested printing enterprises engaged in publication, packaging and decoration printed matter business activities,the joint venture controlled Chinese investors should dominant. Of which: Chairman of joint ventures printing enterprises should be shouldered by Chinese man, Chinese board members quantity should be more than the Chinese foreign member quantity approving the establishment of foreign-invested printing enterprises, with the section, it should be in line with the planning of state printing enterprises total amount, structure and layout exception in accordance with the preceding provisions Application procedure and documents: 1. pre-approval of name of WFOE Administration of Industry and Commerce within 2 working days Pre-approval for names of enterprise Appointment letter 2. Application for setting up WFOE Press and Publication Bureau

2 Within 40 working days Application for setting up WFOE Project proposal and Feasibility report Identification of foreign investor (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 attested by Chinese embassy in the third country Credit certification of investor (issued by the bank) 3. warrant certificate of setting up foreign-invested printing enterprises State Commerce Bureau Within 40 working days Documents of Application and warrant document of State Press and publication Administration Article of association signed by the legal representative List of investor?board of director and appointment book from investors?director Notice for pre-approval name of the enterprise from Administration of Industry and Commerce Identification of foreign investor (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

3 the third country in the country that (recipients) Museum certification, the aforementioned notarization, and authentication documents should be attested by Chinese embassy in the third country Credit certification of investor (issued by the bank) Other documents required by law 4. To process proposed agency code State Bureau of Technical Supervision (The Administration Center of Organization Code) 2 working days after acceptance Approval of article of association Application of proposed agency code 5. Industry and Commerce registration of WFOE Administration of Industry and Commerce 7 working days Application form of setting up WFOE Article of association Approval by the approving authority and the copy of Approval letter of foreign-invested enterprise Identification of foreign investor (the qualification certificate and identification shall be notarized by the national notary institution and authorized by the host country s embassy (consulate) Credit certification of investor (issued by the bank) Notice for pre-approval name of the enterprise, name list of the pre-approval investor Letter of Authorization Corporate secretary (contact) registration form Letter of Authorization for legal documents service Besides, the printed name list of the investor, member of the board of director, general manager and supervisor, one copies each.

4 6. To record in Public Security Bureau Municipal Public Security Bureau (the administration center of embarkation and disembarkation ) 6 working days The registration application for record The identification of legal representative Business license, approval letter, photocopy of approval 7. To engrave of chop of enterprise Engrave of chop organization proposed by police station 2 working days Required document: Application form of chop engrave 8. Apply code of enterprise State Bureau of Technical Supervision (The Administration Center of Organization Code) 3 working days after acceptance Application form Returning paper of proposed agency code The identification of legal applicant Business license, approval letter, photocopy of approval

5 9. Tax registration Municipal Local Taxation Bureau 5 working days Required document: Identification of legal representative Business license, approval letter, photocopy of approval Housing contract Registration form of tax 10. Registration of administration of foreign exchange center of foreign exchange control Time limit for handling: 20 working days after acceptance Written application (stamped by chop) Copy of business license provided by the legal representative, non-legal representative enterprise shall provide original and photocopy of business license Approval documents for approving the setting up of enterprise issued by the Commerce Department, the original and photocopy of the certificate. Effective contract of foreign-invested enterprise (except for wholly-owned foreign enterprise), original article of association and its photocopy. Original and photocopy of code of enterprise 11. Opening bank account Due to the different requirement of the bank, the required documents need to be confirmed. 12. Financial registration he financial bureau

6 Time limit for handling: 2 working days after acceptance Business license, approval certificate, photocopy of approval Financial registration form 13. Statistic registration The statistical bureau Time limit for handling: 2 working days after acceptance Copy of Business license, approval certificate, photocopy of approval Statistic registration form 14. Customs procedure to register WFOE Examination and approval department: Customs Within 5 working day Copy of Business license Approval certificate, photocopy of approval Photocopy of article of association photocopy. Photocopy of tax registration Photocopy of bank account certificate Photocopy of certificate of proposed agency code moulage of chop of enterprise. juridical person and apply to customs Registration form for apply customs Registration form of management for apply customs

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