Shanghai is an international metropolis with abundant opportunities and a large population. Shanghai, a cosmopolitan city, have been recognized as the best place for Shanghai business setup.
Shanghai Company Setup Types
There are several types of business setup in Shanghai, the following are the most common types for business setup in Shanghai:
1. Wholly foreign owned enterprise (WFOE);
2. Representative office (RO);
3. Joint venture (JV);
4. Foreign invested partnerships enterprise (FIPE).
Procedures for Shanghai Company Setup
We compiled the materials needed for submitting to the authority for permission in Shanghai Business Setup, please find the detailed information as below:
1. Prepare ten company names and obtain the pre-approval from relevant authority;
2. Open a preliminary bank account, then deposit funds in the account and obtain the certificate of deposit;
3. Obtain capital verification report from an auditing firm;
4. Obtain registration certification “Business License of Enterprise Legal Person” from Shanghai Administration of Industry and Commerce (SAIC);
5. Obtain approval from the Public Security Bureau and setting up information registration;
6. Make company seals by seal carving company;
7. Obtain the Organization Code Certificate issued by the Quality and Technology Supervision Bureau;
8. Register with the local statistics bureau;
9. Register for national and local tax;
10. Open a bank account for the company and transfer registered capital to the account;
11. Apply for the authorization to print;
12. Purchase invoices;
13. File for recruitment registration with local Career Service Center;
14. Register with Social Welfare Insurance Center.
*For more detailed info, please visit our website: http://english.tannet-group.com/ or contact us by phone and mail.
Contact Us:
Tel: Anna 86-18101649652（same as wechat）
021-58763186-8008
Email: 2355891250@qq.com
Previous：Shanghai Enterprise Tax Planning
Next：Registration of Dutch Company