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Documents Required & Registration Procedures of JV

Documents Required for Joint Venture Registration:

01Project Proposal and Application Form for Project-Establishment
022 copies of the IDs of the Chinese and foreign investors
032 copies of the investors' legal Certificates of Business (Business License)
04The Credit Certificate given by the bank where an investor has opened an account
05Contract and appendix
06Constitution of the company and the appendix
07Name list of the directors of the board
08List of equipments and accessories need to be imported
09Other documents are subject to the requirement of the government

Registration Procedures:
Foreign companies are not allowed to directly submit the application documents to the relevant authority. They must retain a PRC entity that is authorized or permitted by relevant authorities to act as an agent. The agent will submit all the documents to the examination and approval authority on behalf of the foreign enterprise. Procedures to set up the Joint Venture ("JV") in Shanghai are as following:

01Company Name Registration (about 3 days)
02Apply for Approval Certificate (about 15 days)
03Apply for Business License (about 15 days)
04Apply for Enterprise Code Certificate (about 1 day)
05Apply for Statistic license (about 1 day)
06Register in Shanghai Tax Bureau (about 1 month)
07Open a RMB bank account (about 5 days)
08Register Foreign Currency Certificate (about 1 day)
09Check the registered capital (about 5 days)


TAG: Documents Joint Required Venture Proposal
 

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