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Shanghai WOFE Registration

Update Date:2018-3-2 16:43:34     Source:www.3737580.com     Views:1081

Shanghai WFOE Registration Service
Hotline: 86-755-82143348 Email: anitayao@citilinkia.com

Shanghai WOFE Registration means Wholly Foreign Owned Enterprise (WFOE) setup in shanghai, Wholly Foreign Owned Enterprise (WFOE) also known as Wholly Owned Foreign Enterprise (WOFE), is a limited liability company, the establishment of which is governed both by the Company Law of PRC and Law of the PRC on Enterprises Operating Exclusively with Foreign Capital.


I. Shanghai WOFE Registration--Name
The name of the WFOE is governed by “Regulations on the Management of name of Enterprises”. WFOE is a limited liability company, its name should be in the form of “Name of the Enterprise +Industry+ Name of City + Company Limited”. Accordingly, a company registered in Shanghai will normally bear a name like: Tannet Consulting (Shanghai) Limited.

There are certain restrictions on the use of company names
1、It should be in Chinese;
2、Arabic numerals, foreign characters or alphabets are not allowed;
3、It should not have content that contradicts national policies, damages social ethics, religions and culture;
4、It should not have content which damages fair competition and misleads the public;
5、Unless special approval is obtained, it should not contain the following restricted words: China, Chinese, National, State.“International”is a restricted word unless it is used to designate the industry in which the company is operating, e.g. ABC International Trading Company Limited.


II. Shanghai WOFE Registration--Types
Upon different operation method (business scope), WFOE mainly include following types:
1、Foreign Trading Company
2、Foreign Consulting service company
3、Foreign manufacture /factory
4、Foreign Catering company/food and Beverage Company
5、Science and Technology Company
6、Other types of WFOE


III. Shanghai WOFE Registration--Procedure
1、Name check and registration;
2、Apply for approval certificate;
3、Apply for business license;
4、Company official stamp permission;
5、Apply for organization code license;
6、Apply for tax registration certificate;
7、Apply for foreign exchange Registration;
8、Statistics certificate;
9、Financial registration certificate;
10、Apply for import and export licenses.


IV. Shanghai WOFE Registration--Required Documents
Investing as a foreign corporate:
1、3 company names at least;
2、2 original Notarization of the business license or certificate of incorporation of the parent company(It should be notarized by domestic notarization Department and endorsed by local China Embassy);
3、1 original bank reference letter(It is opened from investor's bank, the deposit money is not less than the registered capital in China, issued within 6 months in both English and Chinese version);
4、Recent 1 year Audit report from foreign investing company;
5、Registered capital , proportion of investment and business scope;
6、Three photos of Legal Representative, the copy passport of Legal Representative;
7、M&A and Feasibility Study Report (Tannet provides with standard template);
8、A set of documents require for investors and Shanghai legal representative’s signatures (Tannet provides);
9、Contract of rent
Manufacturing enterprise:original Contract of rent in triplicate,3 copies of house-owner certificate(The house should be rent in the name of the investor or the company, more than 200 square meters // Lease period :more than one year // Use for the plant);
Non-production enterprise:original Contract of rent in triplicate,3 copies of house-owner certificate(The house should be rent in the name of the investor or the company, more than 30 square meters // Lease period: more than one year // Use for office or business).

Investing as natural persons:
1、3 company names at least;
2、Providing investors’ passport(It should be notarized by domestic notarization Department and endorsed by local China Embassy);
3、1 original bank reference letter(It is opened from investor's bank, the deposit money is not less than the registered capital in China, issued within 6 months in both English and Chinese version);
4、Registered capital , proportion of investment and business scope;
5、Three photos of Legal Representative, the copy passport of Legal Representative;
6、M&A and Feasibility Study Report (Tannet provides with standard template);
7、A set of documents require for investors and Shanghai legal representative’s signatures (Tannet provides);
8、Contract of rent
Manufacturing enterprise:original Contract of rent in triplicate,2 copies of house-owner certificate(The house should be rent in the name of the investor or the company, more than 200 square meters // Lease period :more than one year // Use for the plant);
Non-production enterprise:original Contract of rent in triplicate,2 copies of house-owner certificate(The house should be rent in the name of the investor or the company, more than 30 square meters // Lease period: more than one year // Use for office or business);


V. Shanghai WOFE Registration Contcat us
If you have further queries in Shanghai WOFE Registration, please don’t hesitate to contact ATAHK at anytime, anywhere by simply visiting ATAHK’s website www.3737580.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-21-68877368 021-31397142   021-58822399, or emailing to hkcfm-shanghai@163.com. You are welcome to our company 15F, No.855 World Plaza, South Pudong Road, Pudong District, Shanghai, China.

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