Legal Basis
Company Law of the People's Republic of China, Rules for the Implementation of the Regulations of the People's Republic of China for Controlling the Registration of Enterprises as Legal Person, Law of the People's Republic of China on Foreign-Capital Enterprises, Rules for the Implementation of the Law of the People's Republic of China on Foreign-Capital Enterprises, Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures, Regulations for the Implementation of the Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures, Law of the People's Republic of China on Chinese-Foreign Contractual Joint Ventures, Rules for the Implementation of the Law of the People's Republic of China on Chinese-Foreign Contractual Joint Ventures, Provisions on the Reinvestment of Foreign-Capital Enterprises in China, Interim Provisions on Guiding the Foreign Investment Direction, Catalogue of the Guidance of Foreign Investment Industries, etc.
Procedures of Approval
1.Company Name Check
A project official should issue the Name Pre-registration Notice to a an enterprise in a sector measuring up to the Catalogue of the Guidance of Foreign Investment Industry .An investor may obtain the corresponding application documents in accordance with the organizational form of the enterprise to be set up.
2.Document Preparation
An investor should prepare a feasibility research report (or an investment plan), a contract, the articles of association and other required documents. The investor shall have the license or approval handled at the authorities concerned.
3.Document Submission
4.Approval for the Establishment of an Enterprise
5.Issuance of the approval of the Administrative Commission, the certificate of approval and business license
Time Limit
The time for handling will not surpass 8-10 working days if all documents are complete. (projects requiring the approval of the State competent departments excluded)
Notice on Handling
1.All application documents should be on A4 paper.
2.A Chinese version should be attached to a document in a foreign language.
3.All application documents should be written in black sign pen or pen.
4.All application documents should be submitted in triplicate, with three original copies.(One for Investment Promotion Bureau,two for Industry and Commerce Administrative Bureau)
Fees
Enterprise Registration Fee:
The enterprise registration fee shall be paid at a rate of 0.8/1000 for the part below 10 million RMB Yuan (including 10 million RMB Yuan) of its registered capital and 0.4/1000 for the part over 10 million RMB Yuan of its registered capital. An enterprise with the registered capital of over 100 million RMB Yuan shall pay a maximum registration fee of 44,000 RMB Yuan and shall be exempt from the registration fee for the part over 100 million RMB Yuan.
Handling Authority:
Section of Foreign Investment,TEDA Industry and Commerce Administrative Bureau
Section of Corporate Affairs,TEDA Investment Promotion Bureau
Handling Spot:
Section of Foreign Investment,TEDA Industry and Commerce Administrative Bureau( F4 of Area A, TEDA Investment Service Center) PC: 300457
Section of Corporate Affairs,TEDA Investment Promotion Bureau( F3 of Area A, TEDA Investment Service Center) PC: 300457
Service Hours:
Mon-Thur: 8:30-17:00 Fri: 8:30-16:00
Telephone:
Section of Foreign Investment,Industry and Commerce Administrative Bureau 25201749
Section of Corporate Affairs,Investment Promotion Bureau 25202687
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Investment Procedure