Starting a business in Hefei

The Approval of the Establishment of Sino-foreign Joint Ventures and Cooperative Enterprise

Materials Required for Application

(1) The project proposal (original copy);

(2) The copy of feasibility study report by both parties concerned and project approval document by the Development and Reform Committee;

(3) The contract and articles of association signed by the representative of both parties (original copy);

(4) The copy of business licenses of both parties, the copy of ID card of juridical persons, the testimonial of bank credit of the foreign investors (original copy);

(5) The name list of the board, the document of authorizing with the signature of the juridical person, the copy of the ID card of the board director;

(6) The circular of the confirmation of the enterprise name issued by the Administrative Bureau for Industry and Commerce;

(7) The list of the equipment to be imported signed by both parties (the name of the equipment, specification and size, quantity, place of manufacturing);

(8) Other materials for examination and approval: The state capital evaluation report and the confirmation should be provided if the Chinese party is state-owned, for example, approval circular agreed by relevant department. If the business scope involves export license, quota, and permit for special trade, the certificate of approval issued from the relevant authorities must be submitted. 

Procedures: submit the materials, undergo preliminary examination by the local commercial management department, and send to Anhui Commerce Department in duplicate. Those eligible shall be approved and if not eligible, notice shall be given in written form.  

Term of Attendance: 20 work days (45 days for cross- departments) 

Standard of charging: (material fee) 10 Yuan

The Approval of the Establishment of Foreign Invested Enterprises

Materials for Application

(1) The project proposal of establishing foreign invested enterprise;

(2) Application form (original copy);

(3) Feasibility study report (original copy);

(4) Articles of the foreign invested enterprises (original copy);

(5) The copy of business licenses of both parties, the copy of ID card of juridical persons, the testimonial of bank credit of the foreign investors (original copy);

(6) The testimonial of land use and the copy of the agreement of land-lease;

(7) The circular of the confirmation of the enterprise name issued by the Administrative Bureau for Industry and Commerce;

(8) The name list of the board, the document of authorizing with the signature of the juridical person, the copy of the ID card of the board director;

(9) The materials of approval of the establishment by the local government;

(10) Suggestions issued by the Anhui Environmental Protection Bureau, Planning Bureau and the Fire Protection Department and so on;

(11) The list of the materials to be imported;

(12) Other materials needed for examination and approval.  

Procedures: submit the materials, undergo preliminary examination by the local commercial management department and send to Anhui Commerce Department in duplicate. Those eligible shall be approved and if not eligible, notice shall be given in written form.  

Term of attendance: 20 work days (45 days for cross- departments)  

Standard of charging: (material fee) 10 Yuan

Registration and approval of Sino-foreign joint ventures

Registration of the Establishment of Sino-foreign Ventures

Qualifications:

(1) Name that accord with the requirements;

(2) Facilities and employers needed by fixed business site;

(3) Registered capital that accords with the national regulations;

(4) Range of business that accords with national laws, regulations, and policies;

(5) Complete financial system, independent check system, assuming sole responsibility for its statement of profits or losses, and its own balance sheet. 

Materials required for application

(1) Registration application form for the establishment of foreign invested enterprises signed by would-be juridical person;

(2) Approval document: copy of certificate of reply and approval;

(3) Original contract and articles of association approved by the authorities;

(4) Notice on examination and approval of the name of the venture in advance;

(5) Investor’s testimonial on the qualification of juridical person or testimonial on natural person and testimonial on the credit standing issued by the bank;

(6) Original document on juridical person, directors, and administrators;

(7) Testimonial on the usage of the site;

(8) If the establishment of the venture should be approved by laws and administrative rules, then the relevant documents should be submitted;

(9) Other documents and certificates.

Procedure: accept→ approve→ issue license 

Term of Attendance: 30 work days by law, 10 work days for speed-up attendance 

Standard of charging: if the total registered capital is under 10,000,000 yuan, the fee is 0.8‰ of the total, if the total registered capital is over 10,000,000 yuan, the fee is 0.4‰ of the total, if the registered capital is over 100 million, there is no fee for the exceeding part, the lowest fee for initial Registration is 50 yuan. 

Registration for the Establishment of the Branch of the Sino-foreign Joint Ventures

Qualifications:

(1) Name that accord with the request;

(2) Fixed business site and the required conditions;

(3) Corresponding management agency and principals;

(4) The range of business of the branch can’t exceed that of the enterprise;

(5) In accordance with the laws and administrative regulations, the establishment of the branch should be approved, if there is project needs to be approved in the range of business of the branch, the approval document is needed. 

Materials required for application

(1) Application form of the establishment of the branch of foreign invested enterprises signed by the juridical person of the attached enterprise;

(2) Notice of the original Registration administrative organ;

(3) Resolution of the attached enterprise board;

(4) Inaugural document of the principal;

(5) The testimonial of the usage of the business site;

(6) Copy of the license of the attached enterprise;

(7) In accordance with the laws and administrative regulations, the establishment of the branch should be approved, if there is project that needs to be approved in the range of business of the branch, the approval document is needed.  

Procedure: accept→ approve→ issue license  

Term of Attendance: 30work days by law, 10 work days for speed-up production  

Standard of charging: 300 yuan

Registration and approval of Sino-foreign cooperative ventures

Registration of the Establishment of Juridical Person of Sino-foreign Corporative Ventures

Qualifications:

(1) Name that accords with the requirements;

(2) Facilities and employers needed by a fixed business site;

(3) Registered capital that accords with national regulations;

(4) Range of business that accords with national laws, regulations, and policies;

(5) Complete financial system, independent check system, assuming sole responsibility for its profits or losses, and compiling its own balance sheet.  

Materials required for application

(1) Registered application form of the establishment of foreign invested enterprises signed by would-be juridical person;

(2) Approval document (copy of certificate of reply and approval);

(3) Original contract and articles of association approved by the authorities;

(4) Notice on examination and approval of the name of the venture in advance;

(5) Investor’s testimonial on the qualification of juridical person or testimonial on natural person and testimonial on the credit standing of the bank;

(6) Original document on juridical person, director, and administrator;

(7) Testimonial on the usage of the site;

(8) If the establishment of the venture should be approved by laws and administrative rules, the approval documents should be submitted;

(9) Other documents and certificate concerned. 

Procedure: accept→ approve→ issue license 

Term of Attendance: 30work days by law, 10 work days for speed-up attendance 

Standard of charging: if the total registered capital is under 10,000,000 yuan, the fee is 0.8‰ of the total, if the total registered capital is over 10,000,000 yuan, the fee is 0.4‰ of the total, if the registered capital is over 100 million, there is no fee for the exceeding part, the lowest fee is 50 yuan. 

Registration of the Establishment of the Branch of the Sino-foreign Cooperative Ventures

Qualifications:

(1) Name that accords with the requirements;

(2) Fixed business site and the required conditions for business;

(3) Corresponding management agency and principals;

(4) The range of business of the branch can’t exceed that of the enterprise;

(5) In accordance with the laws and administrative regulations, the establishment of the branch should be approved, if there is project that needs to be approved in the range of business of the branch, the approval document is needed. 

Materials required for application

(1) Registered application form for the establishment of the branch of foreign invested enterprises signed by the juridical person of the attached enterprise;

(2) Notice of the original register administration;

(3) Resolution of the attached enterprise board;

(4) Inaugural document of the principal;

(5) The testimonial of the usage of the business site;

(6) Copy of the license of the attached enterprise;

(7) In accordance with the laws and administrative regulations, the establishment of the branch should be approved, if there is project needs to be approved in the range of business of the branch, the approval document is needed.  

Procedure: accept→ approve→ issue license 

Term of Attendance: 30work days by law, 10 work days for speed-up attendance  

Standard of charging: 300 Yuan

Registry and approval of foreign sole-invested ventures

Registry of the Establishment of Juridical Person of Foreign Sole-invested Ventures

Qualifications:

(1) Name that accords with the requirements;

(2) Facilities and employers needed by fixed business site;

(3) Registered capital that accords with national regulations;

(4) Range of business that accords with national laws, regulations and policies;

(5) Complete financial system, independent check system, assuming sole responsibility for its profits or losses, independently formulating its own balance sheet.  

Materials for application:

(1) Registry application form of the establishment of foreign invested enterprises signed by would-be juridical person;

(2) Approval document (copy of certificate of reply and approval);

(3) Original articles of association approved by the authorities;

(4) Notice on examination and approval of the name of the venture in advance;

(5) Investor’s testimonial on the qualification of juridical person or testimonial on natural person and testimonial on the credit standing issued by the bank;

(6) Original document on juridical person, director, and administrator;

(7) Testimonial on the usage of the site;

(8) If the establishment of the venture should be approved by laws and administrative rules, other relevant documents should be submitted;

(9) Other documents and certificate concerned.  

Procedure: accept→ approva→ issue license  

Term of attendance: 30 work days by law, 10 work days for speed-up attendance.  

Standard of charging: if the total registered capital is under 10,000,000 yuan, the fee is 0.8‰ of the total, if the total registered capital is over 10,000,000 yuan, the fee is 0.4‰ of the total, if the registered capital is over 100 million, there is no fee for the exceeding part, the lowest fee is 50 yuan.

Registry of the Establishment of the Branch of the Foreign Sole-invested Ventures

Qualifications:

(1) Name that accords with the request;

(2) With fixed business site and required conditions for business;

(3) With corresponding management agency and principals;

(4) The range of business of the branch can’t exceed that of the enterprise;

(5) In accordance with the laws and administrative regulations, the establishment of the branch should be approved, if the project needs to be approved in the range of business of the branch, the approval document is needed. 

Materials for application:

(1) Registry application form of the establishment of the branch of foreign invested enterprises signed by the juridical person of the attached enterprise;

(2) Notice of the original registry authorities;

(3) Resolution of the attached enterprise board;

(4) Inaugural document of the principal;

(5) The testimonial of the usage of the business site;

(6) Copy of the license of the attached enterprise;

(7) In accordance with the laws and administrative regulations, the establishment of the branch should be approved.If the project needs to be approved in the range of business of the branch, the approval document is needed.

Procedure: accept→ approva→ issue license

Term of attendance: 30work days by law, 10 work days for speed-up attendance

Standard of charging: 300 yuan