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Investor's Guide
Procedures for Registering a Joint Venture
The Chinese partner should manage the
application process which is outlined below:
- Prepare to present project proposal
- This is the key document which you will hopefully arrive at after
extensive negotiations with your Chinese partner. It includes such
information as descriptions of Chinese and foreign partners, purpose and
usefulness of the venture, quantity and quality of capital invested,
technological and material requirements, personnel requirements, and
duration of joint venture.
- Register company's name with Shanghai
Administration of Industry and Commerce.
- Prepare and submit feasibility study.
- Submit contract and articles of association.
- Apply for approval certificate.
- Apply to Shanghai Administration of
Industry and Commerce for business license.
- Obtain health permit.
- Apply for work permit and visa.
- Obtain resident permit and visa.
- Register with Tax Bureau.
- Register with Customs.
- Open a bank account.
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