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Beijing Company Formation

Updated:2018-5-8 17:38:05    Source:www.tannet-group.comViews:315

Beijing company formation is always popular choice for foreign investors due to its political and economic status in China. Beijing, formerly romanized as Peking, is the capital of the People's Republic of China and the world's second most populous city proper and most populous capital city. The city, located in northern China, is governed as a direct-controlled municipality under the national government.

Beijing is home to the headquarters of most of China's largest state-owned companies and is a major hub for the national highway, expressway, railway, and high-speed rail networks. The Zhongguancun area is also known as China's Silicon Valley and China's center of innovation and technology entrepreneurship. Below is a brief introduction to company formation in Beijing.

Information Needed for Beijing Company Formation
To obtain registration certification, the company must file a completed application form along with the following documents:
• Notice of approval of company name;
• Lease or other proof of company office;
• Articles of association, executed by each shareholder;
• Representation authorization;
• Identity cards of shareholders and identification documents of officers;
• Appointment documents and identification documents (certifying name and address) of the directors, supervisors, and officers;
• Appointment documents and identification documents of the company’s legal representative;
• If the initial contribution is in nonmonetary assets, the document certifying transfers of the property title of such assets;
• Other documents as required by the authorities.

Procedures for Beijing Company Formation
1. Obtain a notice of pre-approval of the company name;
2. Apply for registration certification "business license of enterprise legal person" with SAIC, the organization code certificate issued by the Quality and Technology Supervision Bureau and registration for both state and local tax with the tax bureau;
3. Obtain the approval to make a company seal from the police department;
4. Make a company seal;
5. Open a bank account;
6. Apply for the authorization to print or purchase financial invoices/receipts;
7. Purchase uniform invoices;
8. File for recruitment registration with the Ministry of Human Resources and Social Security;
9. Register with Social Welfare Insurance Center.

Registration with Local and State Taxes
The company must file the tax registration form and the initial tax reporting forms. Together with those forms, the company submits for review the following documents:
• Business license duplicate (original and one copy);
• Organization code certificate (original and one copy);
• Identification card of the legal representative (original and one copy);
• Identification card of the taxation personnel (original and one copy);
• Company seal and financial seal;
• Office lease agreement and receipt(s) for rent paid;
• Articles of association (original and one copy) and bank-issued account-opening certificate (original and one copy);
• Photocopy of property ownership certificate;
• Land use right certificate;
• Commitment letter regarding the authenticity of the documents submitted.

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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