Introduction Sino-foreign joint venture is approved by the relevant departments in our country, comply with the relevant rules and regulations in China, engaged in some business activities, by one or more than one foreign companies and other economic organizations or individuals with Chinese companies or other economic organizations set up joint investment enterprises in China. Its characteristic is jointly funded and common operation; The respective proportion of capital contribution in accordance with the risk and take the profit and loss.
Established Time Consulting and designing - 60 working days General trade - 90 working days Manufacturing-type enterprise - 6-9 months(according to the project)
Established Requirements Joint venture of China must be an enterprise as a legal person or other economic organization The foreign party shares not less than 25% of the registered capital There are at least 3 people in the board of directors (one of them is the chairman) One legal representative One general manager (can be the same person with the legal representative) At least one board of supervisors and (cannot be assumed by the people above mentioned) Two professional financial personnel Registered capital requirement is higher Need to provide legal proof of address (rental contract, house property, land card) The credit certification issued by bank about foreign investor’s business The audit and assets evaluation report of the previous financial year issued by Chinese investors Notarization from the foreigners and the certification documents issued by Chinese Embassy and Chinese diplomatic and consular mission. Other relevant filings
Documents Including Name of the approval notice Approval documents and the approval certificate The company's business license and the copy Organization code certificate and the copy and IC card Tax registration certificate and the copy CA certification card A set of company seal and the public security net for the record card Foreign Exchange Registration Certificate The account opening licenses Accountant report Financial registration certificate Customs registration certificate Other relevant filings |