Company name Registration
The company name pre-approval application form needs five options of company name in Chinese. Meanwhile, we need the Passport /Business Certificate's photocopies of the Legal representative and the shareholders that should be notarized by the Chinese Embassy.
Business License and Stamps
After taking name approval, we draft an article of association for your company. We need an Incorporation application report, Certificate of incorporation of overseas investors certified by the Chinese Embassy, Standards forms, etc. After the Public security bureau record, we start to engrave the company's stamps, including the Company stamp, the Financial stamp, the Fapiao stamp, and the Legal representative's stamp.
Bank Account and Tax Registration
Enterprises with foreign capital shall open an account with the Bank of China. We need to arrange the meeting with the Chinese bank and sign the bank contract with the legal representative.Normally, within 30 days from the date the business license is obtained, the enterprise needs to apply for the Tax Account in Tax Bureau. We should collate, prepare the documents, and completed relevant forms to Tax Bureau to apply for E-tax Filing.
RENMINBI VS YUAN
This is the difference with the renminbi and the yuan.
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