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China Company Registration Procedure

Updated:2018-5-11 15:13:36    Source:www.tannet-group.comViews:802

China company registration procedure is a must-to-know for any foreigners who want to set up a business in China. Since before you can import or purchase any equipment for your China operations, you need to create a Chinese company. The procedure for China corporate incorporation is long and somewhat arduous. Below is a brief introduction to the entire procedure of company registration in China.

Step 1: Chinese Company name approval. Chinese and English name (Format: The city name+ Self Choose Name+ Industry Attributes +Limited Company). 

Step 2: Approval of Commerce Committee. Get the Certificate of Approval and the approval documents of the People's Government.

Step 3: Pre-approval. Such as Food Circulation Certificate, Medical License, Logistic License, Road Transportation Certificates, Liquor Wholesale and Distribution License .Get related special license and the approval documents.

Step 4: Industrial and Commercial Administrative Bureau registration, get business licenses (Original and transcript).

Step 5: Apply for Enterprise Code Certificate and IC card.

Step 6: Get the Tax Certificate (Original and transcript).

Step 7: Foreign exchange registration .

Step 8: Bank account opening (Foreign currency settlement account, capital account, RMB basic account and tax deduction account).

Step 9: Statistic Certificate registration.

Step 10: Financial Certificate application.

Step 11: Inject register capital into capital account, issue capital verification report.

Step 12: Change business license in accordance with paid-up capital.

Step 13: Customs consignee and consignor registration, inspection and quarantine registration (Applicable for import and export company, and you'd better do the e-port system registration after actually had custom clearance businesses).

Step 14: Tax type verification, basic settings of book keeping.

Step 15: Apply for general tax payer (Applicable for trading company, service company can skip this step directly).

Step 16: Get the General Tax Payer qualification, purchasing, installation, and training of anti-counterfeiting tax control invoice issuing system. Get tax control operator qualification certificate.

Step 17: Application and training of accounting electronic declaration system.

Step 18: Appoint tax management staff to do the tax system training.

Step 19: Tax type verification, tax officer check working office.

Step 20: Apply for invoices and step to normal operating period.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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