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Hangzhou Company Registration

Updated:2017-7-27 18:09:45    Source:www.tannet-group.comViews:90

Hangzhou Company Registration is one kind of Yangtze River Delta business incorporation. Hangzhou is the provincial capital of Zhejiang province and a major economic center of the Yangtze river delta. It is located at 180Km southwest of Shanghai and considered one of the best places to live in China by locals and foreigners alike.

There are several types of business setup in Hangzhou, namely, Representative office (RO);, Cooperative joint venture (CJV), Equity joint venture (EJV), Foreign invested partnerships enterprise (FIPE) and Wholly foreign owned enterprise (WFOE). The following is a brief introduction to Hangzhou WFOE registration.

Required Documents for Hangzhou Company (WFOE) Registration
Below is a list of the required documents:
1. Corporate investor: Certificate of Incorporation, Articles of Formation or Equivalent document certified by Chinese embassy or Chinese consulate overseas;
For individual investor: Passport copies of Investors need be certified by Chinese embassy or consulate.
2. Bank Reference Letters from investor’s bank (declare a good standing);
3. Passport copy of: (i) Parent company's director (ii) Hangzhou company's Legal ;
4. Representative (managing director) and (iii) Hangzhou company's supervisor;
5. Hangzhou Legal Representative (managing director) provides: photos (2 inches size), brief resume;
6. Registered capital; Business Scope; 8 proposed Chinese names of China company;
7. Office address in Hangzhou;
8. Letter of Authorization.

Hangzhou Company (WFOE) Registration Procedures
Foreign investors are not permitted to directly submit the application documents of incorporate a WFOE to the relevant authority in Hangzhou. They must retain a PRC entity that is authorized or permitted by relevant authorities to act as a sponsor. The sponsor will submit all the documents to the examination and approval authorities on behalf of the foreign investor. Procedures for setting up a Wholly Foreign Owned Enterprise in Hangzhou are the following:

1. Name registration with Hangzhou Administration of Industry and Commerce
2. Certificate of Approval by Hangzhou Municipal commission of commerce
3. Apply for Business License with SAIC
4. Chops made by Public Security Bureau of Hangzhou
5. Organization Code License by Hangzhou Technical Supervision Bureau
6. Tax Certificate by Taxation Bureau of Hangzhou
7. Registration and Approval with State Administration of Foreign Exchange
8. Open foreign currency and RMB bank account
9. Inject capital from investor’s overseas bank account
10. Capital Verification Report by Certified Public Accountant
11. Apply for permanent Business License with SAIC
12. Financial certificate registration
13. Statistics license registration
14. Import/Export license (applicable for Trading & Manufacturing WFOE)

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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