Scope of Shanghai WFOE Service
Shanghai hotline: 021- 68877368
WFOE has become one of the highest priorities for foreign investors; its advantage is reasonable requirement on investment capital, independent, liberalized and efficient operation, direct management and implement.
How to Register WFOE-Types of WFOE
Upon different operation method (business scope), WFOE mainly include following types:
Foreign Trading Company
Foreign Consulting service company
Foreign manufacture /factory
Foreign Catering company/food and Beverage Company
Science and Technology Company
How to Register WFOE- Procedure of WFOE Registration
Name Check and Registration
Approval Certificate
Business License
Company official stamp permission
Organization Code License
Tax Registration Certificate
Foreign Currency Registration Certificate
Statistics certificate
Financial Registration certificate
Import and Export record
Customs registration
Electron port
Registration for Cancellation of foreign exchange after verification
Registration for Inspection and Quarantine
Registration for Tax-exempt or rebate
Shanghai WFOE Registration Procedures
1、Check the company name with local ICAB;
2、Pre-approval for some special sectors;
3、Apply for the business license from ICAB;
5、Apply for stamps from the Public Security Bureau;
6、Apply for the Organization Code License from Bureau of Quality and Technical Supervision;
7、Apply for Foreign exchange IC card & registration license from National Administration of Foreign Exchange;
8、Apply for the registration licenses from Tax Bureau;
9、Apply for Financial Registration for enterprises with Foreign Investment from Financial Department ;
10、Apply for the Certificate of Statistics from State Statistical Bureau;
11、Apply for the permits for the bank account opening from bank authorities.
12、Open the saving account with the bank (current account could be opened later);
13、Apply for the Import & Export registration license from local Customs (if needed).
Register WFOE-Business scope
One of the most important issues in WFOE application is business scope. Business scope needs to be defined and the WFOE can only conduct business within its approved business scope, which ultimately appears on the business license. Any amendments to the business scope require further application and approval. Inevitably, there is a negotiation with the approval authorities to approve as broad a business scope as is permitted. Generally business scope includes investment consulting, international economic consulting, trade information consulting, marketing and promotion consulting, corporate management consulting, technology consulting, manufacturing, etc. With China's entry into WTO, more and more business is open to WFOE especially in Trading, Wholesale and Retail business.
Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling
Shanghai Hotline: 021-68877368, 18101640557
Fax:58402186
E-Mail: hkcfm-shanghai@163.com
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai