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Beijing Domestic-Funded Company Registration

Updated:2019-11-15 11:58:16    Source:www.tannet-group.comViews:106

Beijing Domestic-Funded Company is formed with state assets, collective assets or domestic personal assets entirely in China, also called Beijing Domestic-Funded enterprise. It is the most popular registered entity form  for domestic investors in Beijing. It include state-owned enterprise, collective enterprise, private enterprise,  joint venture and joint-stock association.

In accordance with the company laws, State Administration for Beijing Market Regulation and Beijing Market Supervision and Administration are responsible for registration of companies.

Beijing Branch Registration: Government Procedure-same with procedure of Beijing WFOE Registration
Name authorization→ application on the Beijing Market Supervision and Administration→ record in the Beijing Municipal Bureau of Commerce→document signed and submitted→ business license→ making official seal(record in the Public Security Bureau)→applying for electronic business license→ opening bank accounts→ tax registration

Beijing Domestic-Funded Company Registration:Company Name
A Company Name generally consists of four successive parts:the administrative divisions +industry characteristics +size+ form of organization.
Example 1:Administrative Division + size + Industry characteristics + form of organization
Example 2: Size + (Beijing)+Industry characteristics + corporation
Example 3: Size ++Industry characteristics + (Beijing) + corporation

Beijing Domestic-Funded Company Registration:Shareholder and Director
1.A shareholder could be a legal person (China company) or a natural person (Chinese individual).
2.Shareholder shall conclude at least one legal person (China company) or a natural person (Chinese individual),not more than 50.
2. A director could be acted by Chinese person. above the age of 18
3. Directors shall conclude at least one natural person (Chinese individual),not more than 50.

Beijing Domestic-Funded Company Registration: Registered Capital
After March 1, 2014, Beijing company registration regulations were implemented, which changed the paid-in system of registered capital into the subscription system of registered capital, without the requirement of the registered capital. For some special industries, a special pre-approved license is needed according to relevant industry regulation, such as movie production,paid-up registered capital shall be RMB 3 million .

Beijing Domestic-Funded Company Registration:Total time
1 day if all the required materials are prepared

Beijing Domestic-Funded Company Registration:Application Documents
1.《Application form for company name pre-approval》 signed by all the shareholders;
2.Indentification of Shareholders of legal person or natural person;
Real-name authentication is required if the shareholders and legal representatives are natural person;
3.Appointed letter of designated representatives or jointly entrusted agent, also their indentification and qualification are required;
4. Articles of association;
5. Application for Establishment of Domestic Enterprise signed by all the legal representatives;
6. Indentification ,appoint letter or employed letter of supervisor, manager, and executative directors
7 Indentification and incumbency of legal representative , the certificate of using the new set up company property (including the agreement that rent a house, house property copy).

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If you want to invest in Beijing China, you don't just turn to the relevant government departments for so many certificates and formalities, but turn to TANNET. At TANNET we are not only give you tailor-made service for your need, but also for your satisfaction. TANNET—serving the world of business, professional and worldwide.

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