Foreign Owned Enterprise - PowerPoint PPT Presentation

About This Presentation
Title:

Foreign Owned Enterprise

Description:

FDI China is a consulting firm based in Shanghai that helps foreign companies enter and develop their business operations in China. FDI China is the one-window-partner to assist foreign SMEs with different solutions required at starting or advanced phases. – PowerPoint PPT presentation

Number of Views:8
Slides: 6
Provided by: FDIChina
Category:

less

Transcript and Presenter's Notes

Title: Foreign Owned Enterprise


1
  • Foreign Owned Enterprise
  • Published by
  • https//www.fdichina.com/

2
  • An application letter signed by the foreign head
    office's Chairman of the Board or General Manager
    requesting permission to establish a
    Representative Office must be prepared and must
    include the proposed Representative Office's
    proposed name, purpose, scope of business,
    duration, and the term of office of the Chief
    Representative. It must also include the
    historical background of the head office, the
    names of the General Manager, the Chairman of the
    Board, and the other directors of the head
    office, the names of the head office's primary
    trading partners in China, and its business
    volume. Do you want to learn more? Visit WFOE
    China
  • Supporting documents include (but are not
    necessarily limited to) A completed SAIC
    application form
  • The foreign head office's incorporation
    documents, including certified copies of the
    Certificate of Incorporation, business
    registration certificate, Articles of
    Incorporation (or equivalent), etc.

3
  • An original of a letter from the head office's
    bank attesting to the head office's financial
    standing (amount on deposit and other details
    pertinent to the company's financial reputation)
  • A letter appointing the Representative Office's
    Chief Representative and any other
    representatives, along with their resumes and
    copies of their IDs (passports for non-Chinese
    nationals) and photos. Have a look at
    Representative office China to get more info on
    this.
  • Copies of the lease agreement for the
    Representative Office's office premises from an
    approved unit (such as a commercial building or
    hotel)
  • Permit use certificate (required in some
    jurisdictions), to be completed and signed by the
    landlord and tenant
  • An "Approval Certificate for Premises to be
    Occupied by a Foreign Company" (required in some
    jurisdictions)

4
  • Other possible documentary requirements include
  •  
  • Board resolutions authorizing the establishment
    of the Representative Office and appointing the
    Chief Representative
  • (2) Proof of more than US10,000 in paid-in
    capital
  • (3) Certification in both English and Chinese of
    the head office's Articles of Incorporation (or
    equivalent), and tax registration certificate.
  • All of the foregoing documentation should be
    prepared in both Chinese and English. Please note
    that certain jurisdictions require additional
    documentation and that industry-specific
    requirements apply in certain industries (such as
    finance). If you wish to learn more about this,
    visit China market entry.

5
  • Summary
  • FDI China is a consulting firm based in Shanghai
    that helps foreign companies enter and develop
    their business operations in China. FDI China is
    the one-window-partner to assist foreign SMEs
    with different solutions required at starting or
    advanced phases.
  •  
  • Visit this site to learn more
  • https//www.fdichina.com/
Write a Comment
User Comments (0)
About PowerShow.com