Permanent representative offices of foreign (regional) enterprises set up
Foreign enterprises to set up representative offices in China procedure are different in various parts of China , but the basic procedure is the same, these basic procedure are enforcement by Chinese law. Establish procedures, divided into three phases:
First stage: examination and approval
According to Chinese law, foreign companies engaged in different business offices in China, subject to various government departments for approval. Without approval, foreign companies cannot set up representative offices in China, the person shall not engage business activities in the representation office as staff, foreign companies are not allowed to put its logo/sign on the premises.
However, according to "the part of foreign (regional) enterprises resident representative offices direct registration notice" , since 1st July 2004 , except in special industries and enterprises, foreign enterprises can set up business registration office directly (ie direct in China the second stage ), without approval.
Second stage: business registration
After representative offices approved by the authority, you must go to industrial and commercial administration for registration. Without registration, if you engaged unauthorized business activity, the industrial and commercial administration authorities will order to stop the business activities and impose a fine of ten thousand yuan or less. If this occurs, beside economic losses, reputation of the foreign companies will be damaged after entering China. So, go through the registration formalities for a permanent representative office of foreign enterprises is very important.
Third stage: registration after the establishment
After the completion of foreign enterprises for business registration,It is required to go to the bank, customs, public security bureau and other departments for registration and other formalities.
After receiving business registration certificates, representative offices should go through the following procedures
1. making company stamp
2. Foreign Exchange Registration (if you have foreign currency accounts )
3. customs registration (if any import office equipment required)
4. apply statistical register
5. Financial Registration
6. Bank account opening
After the above-mentioned registration is completed, any changes to the content of such registration shall be subject to approval.
Foreign enterprises to set up representative offices in China procedure are different in various parts of China , but the basic procedure is the same, these basic procedure are enforcement by Chinese law. Establish procedures, divided into three phases:
First stage: examination and approval
According to Chinese law, foreign companies engaged in different business offices in China, subject to various government departments for approval. Without approval, foreign companies cannot set up representative offices in China, the person shall not engage business activities in the representation office as staff, foreign companies are not allowed to put its logo/sign on the premises.
However, according to "the part of foreign (regional) enterprises resident representative offices direct registration notice" , since 1st July 2004 , except in special industries and enterprises, foreign enterprises can set up business registration office directly (ie direct in China the second stage ), without approval.
Second stage: business registration
After representative offices approved by the authority, you must go to industrial and commercial administration for registration. Without registration, if you engaged unauthorized business activity, the industrial and commercial administration authorities will order to stop the business activities and impose a fine of ten thousand yuan or less. If this occurs, beside economic losses, reputation of the foreign companies will be damaged after entering China. So, go through the registration formalities for a permanent representative office of foreign enterprises is very important.
Third stage: registration after the establishment
After the completion of foreign enterprises for business registration,It is required to go to the bank, customs, public security bureau and other departments for registration and other formalities.
After receiving business registration certificates, representative offices should go through the following procedures
1. making company stamp
2. Foreign Exchange Registration (if you have foreign currency accounts )
3. customs registration (if any import office equipment required)
4. apply statistical register
5. Financial Registration
6. Bank account opening
After the above-mentioned registration is completed, any changes to the content of such registration shall be subject to approval.
