High-tech WFOE registration
| FORM ID | 021 |
| For General Information of this Department: | http://www.pathtochina.com/ |
Application requirements(conditions)：
- The minimum registered capital:100,000RMB
- have practical registered address，and registered address located in high-tech science and technology park
- engaged in research and development. production and technical service of one or more kinds of high and new technology and its products, including electronics and information technology, biological engineering and new medical technology, new materials and application technology, advanced manufacturing technology, aerospace technology, modern agricultural technology, new energy and highly efficient energy-saving technology, environmental protection technology, marine engineering, nuclear technology application.
- technological personnel with junior college qualification is 30% of the total employees , technological personnel which engaged in research and development of high and new technology products should account for over 10% of the total number of enterprise workers
- labor-intensive high-tech enterprises engaged in high-tech product manufacturing or service-oriented, have technological personnel with junior college qualification over 20% of the total enterprise workers
- the outlay used for research and development of high and new technology and products each year should be over 5% of total sales .
- total incomes technical income and the sales income of high-tech products should be over60% of the total revenue of enterprises and over 60% of total input in New high-tech enterprises
- the principal responsible person of enterprises should be the enterprise familiar with research, development, production and management of the enterprise?products and think much of technological innovation.
Application procedure and documents:
1. pre-approval of name of WFOE
Examination and Approval Department:
Administration of Industry and Commerce
Time limit:
Within 2 working days
Required documents:
Pre-approval for names of enterprise
Appointment letter
2. Application for setting up WFOE
Examination and Approval Department:
Municipal bureau of commerce
Time limit:
Within 7 working days
Required documents:
Application for setting up WFOE
Feasibility report
Article of association
Appointment letter of member of board of directors
Identification of member of board of directors
List of member of board of directors
Proof of legal qualifications of all the investors.(foreign investors should provide main body qualifications proof or the identification notarized by their domestic notary organ and also the Chinese embassy in those their home countries. Investors from Hong Kong, Macau, Taiwan must also provide documents notarized by their domestic notary organ (documents from Hong Kong should be stamped and forwarded by the China Legal Service (H.K.) Ltd, Valid Mainland Travel Permits can be personal identification for Taiwan investors and do not need to be notarized.) If countries of which the foreign investors have not established or have already ended foreign relations with China, their main body qualifications proof or the identification should be notarized by their domestic authorities and then by third country’s embassy which the country has established foreign relations with China. All the notarized documents have to be notarized by the Chinese embassy located in the third country. )
Credit certificate of investor (issued by the bank)
Proof of the use of premises (including rental contract, proof of premises)
Notice for pre-approval name
Letter of Authorization for legal documents service
Instrument of commitment
The copies of the IC and the power of attorney of the personnel
3. To process proposed agency code
Examination and Approval Department:
State Bureau of Technical Supervision (The Administration Center of Organization Code)
Time limit:
2 working days after acceptance
Required documents:
Approval of article of association
Application of proposed agency code
4. Industry and Commerce registration of WFOE
Examination and Approval Department:
Administration of Industry and Commerce
Time limit:
7 working days
Required documents:
Application form of setting up WFOE
Article of association
Approval by the approving authority and the copy of《Approval letter of foreign-invested enterprise》
Identification of foreign investor (the qualification certificate and identification shall be notarized by the national notary institution and authorized by the host country’s embassy (consulate)
Credit certification of investor (issued by the bank)
Notice for pre-approval name of the enterprise, name list of the pre-approval investor
Letter of Authorization
Corporate secretary (contact) registration form
Letter of Authorization for legal documents service
Besides, the printed name list of the investor, member of the board of director, general manager and supervisor, one copies each.
5. To record in Public Security Bureau
Examination and Approval Department:
Municipal Public Security Bureau (the administration center of embarkation and disembarkation )
Time limit:
6 working days
Required documents :
The registration application for record
The identification of legal representative
Business license, approval letter, photocopy of approval
6. To engrave of chop of enterprise
Examination and Approval Department:
Engrave of chop organization proposed by police station
Time limit:
2 working days
Required document:
Application form of chop engrave
7. Apply code of enterprise
Examination and Approval Department:
State Bureau of Technical Supervision (The Administration Center of Organization Code)
Time limit:
3 working days after acceptance
Required materials:
Application form
Returning paper of proposed agency code
The identification of legal applicant
Business license, approval letter, photocopy of approval
8. Recognization of high-tech enterprise
Examination and Approval Department:
Science and technology park manage council
Time limit:
20 working days after acceptance
Required materials:
New technologies and products introduction
Legal representative registration form
Brief condition form of technological personnel
Information of investors
Business place form
9. Tax registration
Examination and Approval Department:
Municipal Local Taxation Bureau
Time limit:
5 working days
Required document:
Identification of legal representative
Business license, approval letter, photocopy of approval
Housing contract
Registration form of tax
10. Registration of administration of foreign exchange
Examination and Approval Department:
center of foreign exchange control
Time limit for handling:
20 working days after acceptance
Required materials:
Written application (stamped by chop)
Copy of business license provided by the legal representative, non-legal representative enterprise shall provide original and photocopy of business license
Approval documents for approving the setting up of enterprise issued by the Commerce Department, the original and photocopy of the certificate.
Effective contract of foreign-invested enterprise (except for wholly-owned foreign enterprise), original article of association and its photocopy.
Original and photocopy of code of enterprise
11. Opening bank account
Due to the different requirement of the bank, the required documents need to be confirmed.
12. Financial registration
Examination and Approval Department:
The financial bureau
Time limit for handling:
2 working days after acceptance
Required materials:
Business license, approval certificate, photocopy of approval
Financial registration form
13. Statistic registration
Examination and Approval Department:
The statistical bureau
Time limit for handling:
2 working days after acceptance
Required materials:
Copy of Business license, approval certificate, photocopy of approval
Statistic registration form
14. Customs procedure to register WFOE
Examination and approval department:
Customs
Time limit:
Within 5 working day
Required documents:
Copy of Business license
Approval certificate, photocopy of approval
Photocopy of article of association photocopy.
Photocopy of tax registration
Photocopy of bank account certificate
Photocopy of certificate of proposed agency code
Moulage of chop of enterprise. juridical person and apply to customs
Registration form for apply customs
Registration form of management for apply customs