The registration process and conditions for foreign-funded enterprisesForeign-fu ...

The registration process and conditions for foreign-funded enterprises

Foreign-funded enterprise registration capital requirements

The registration capital requirements for foreign-funded enterprises vary according to the different total investment amounts.

If the total investment is less than three million US dollars, the registered capital must be seven tenths of the total investment.

For investments totaling more than three million US dollars but not exceeding ten million US dollars (including ten million US dollars), the registered capital should account for at least half of the total investment amount. For investments with a total amount below four point two million US dollars, the registered capital must not be less than two point one million US dollars.

For investments totaling more than $10 � � � � � � � � � � � � � � � � � � � � � �$ 30 million (including $30 � � � � � � �), � ℎ � � � � � � � � � � � � � � � � � � � ℎ � � � � � � � � � � � � � � � � � � � � � 2 / 5 � � � ℎ � � � � � � � � � � � � � � � � � � � � � � . � � � � � � � � � � � � � � � � � ℎ � � � � � � � � � � � � � � � � �$ 12.5 million, the registered capital must not be less than $5 million.

For investments totaling more than $30 � � � � � � �, � ℎ � � � � � � � � � � � � � � � � � � � ℎ � � � � � � � � � � � � � � � � � � � � � � � � - � ℎ � � � � � � ℎ � � � � � � � � � � � � � � � � � � � � � � . � � � � � � � � � � � � � � � � � � � � � � �$ 36 million, the registered capital must not be less than $12 million.

Foreign-funded Enterprise Registration Process

The registration process for foreign-funded enterprises mainly includes the following steps:

1. Approve the company name

Foreign-funded enterprises need to complete notarization and obtain approval for their name from the Industrial and Commercial Administration Bureau. Applicants can use the name of a foreign-controlled enterprise for name verification or apply for a new name; additionally, applicants are required to provide mobile phone numbers and email addresses for all shareholders, legal representatives, and financial officers.

2. Prepare and submit materials

Copy of proof of foreign investor (if invested by a foreign company, provide a copy of the company's legal business license and passport; if invested by a foreign individual, provide a passport).

Original notarization and certification of foreign investors (if the investment is made by a foreign company, provide the original notarized certificate of legal operation issued by the company's home country notary office, and authenticated by the Chinese embassy or consulate in that country; if the investment is made by a foreign natural person, provide the original notarized certificate of identity, i.e. passport, issued by the notary office of the person's home country, and authenticated by the Chinese embassy or consulate in that country).

A copy of the proposed establishment address.

Identification documents for all proposed company members (passport for foreigners and ID card for Chinese citizens).

Identification documents for the proposed company supervisor.

3. Obtain a business license

After all the above steps are completed, it is time for the relevant step of obtaining a business license. This step takes a bit longer than the others, and it usually takes about five working days to complete.

4. Seal cutting

In this phase, there is no need to waste too much time. Generally, it can be completely resolved within one working day.

5. Apply for a tax code

In this phase, it often takes only one working day to complete.

6. Open a basic corporate account

In this phase, the delay will be a bit longer, and it will also take about five working days.

Foreign-funded enterprise registration required materials

Copy of Proof of Foreign Investor's Identity (If the investment is made by a foreign company, provide a copy of the company's legal business license and passport; if the investment is made by a foreign individual, provide a passport copy).

Original notarized and authenticated certificate of foreign investor (if the investment is made by a foreign company, provide the original notarized certificate of legal operation issued by the company's home country, authenticated by the Chinese embassy or consulate in that country; if the investment is made by a foreign natural person, provide the original notarized certificate of identity, i.e. passport, issued by the home country's notary office, authenticated by the Chinese embassy or consulate in that country).

Copy of the proposed registered address.

Identity documents for all proposed company members (passport for foreigners, ID card for Chinese citizens).

Identity documents for the proposed company supervisor.

Notice on Registration of Foreign-funded Enterprises

Foreign companies cannot include content that is detrimental to national interests and public welfare in their registered company names, otherwise they will not be able to register normally.

Foreign companies cannot include content that may deceive or mislead the public in their company name registration. Otherwise, they cannot register normally.

Foreign companies cannot include foreign country names or international organization names in their registered company names, otherwise they cannot register normally.

From the above information, it can be seen that the registration process and conditions for foreign-funded enterprises are relatively complex, involving multiple steps and material preparation. It is recommended to consult professional legal consultants or agency services in actual operations to ensure a smooth process.

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