Processing time:
Within seven workdays based on a legal permit of 30 workdays
Legal basis for approval:
Order No 42 of the President of the People's Republic of China (PRC) - Company Law;
Order No 41 of the President of the PRC - PRC Law on Foreign-Capital Enterprises;
Order No 48 of the President of the PRC - PRC Law on Chinese-Foreign Equity Joint Ventures;
Order No 40 of the President of the PRC – PRC Law on Chinese-Foreign Contractual Joint Ventures and other related laws and regulations.
Eligibility requirements:
1. Based on Article 47 of the Regulations of Company Registration, the name of a branch shall be in conformity with the relevant provisions of the State. The business scope of a branch shall not exceed that of the parent company.
2. Compliance with China's industrial policies.
3. Effective pre-licensing or approval documents.
Charging standard and legal basis:
Charging standard: 300 yuan ($47.79)