Company name: Company name normally contains four parts in sequence: Name + Industry nature + Administrative area + Type of the organization.

**** Trade （Shanghai）Co., Ltd.

****Business and Trade （Shanghai）Co., Ltd.

Or other names which conform to government regulations.

When top 500 multinational companies invest in Shanghai, they are allowed to use letters in alphabet as company name or without addressing the industry nature. For those whose registered capital is above 10 million US dollars, their company name doesn’t have to address the industry area or use “实业” or“企业”。

Company name normally contains four parts in sequence: Name + Industry nature + Administrative area + Type of the organization. 

The “Scope of business” is the scope within which an enterprise engages in business activities， and shall be registered with an enterprise registration authority in accordance with the law and with the provisions in articles of association and partner agreement.

 Scope of business in Waigaoqiao area: Machine and facilities; Mechanical & Electrical facilities; electronic products; the wholesale of industrial automatisation facilities; Commission and agency (auction excepted) (subject to the ratification of Industrial and Commercial Bureau)

Scope which needs to be examined and approved by the Ministry of Commerce of China

1 ---Special goods

petroleum products; medicine; automobile; agricultural chemical; fertilizer; crude oil; book; newspaper; magazine; grain; seed fat; sugar; cotton; steel; noble metal; iron ore; fuel oil; caoutchouc; other important industrial raw material; wholesale of audiovisual goods.

 

1 ---(Suggestion) Above 150,000 US dollars, and in accordance with “the investment scale”

2 ---From the day obtaining business license, transfer in 20% of the registered capital in 3 months, and transfer in 100% in 2 years.

Providing the following documents about property leasehold

1 --- 7 copies of lease contract

2 --- Notarial deed of the lease contract

3 --- Record form of lease contract in Real Estate Center

4 ---4 copies of company business license (with company stamp), 4 copies of real estate ownership certificate (with company stamp); 4 copies of ID (with signature)

5 ---Note: If the contract is signed by authorized person, the original authorization letter and 4 copies of ID of the authorized person will be needed.

6 ---If applying for “retail business scope”, extra property lease contract of “store, business, operation” will be needed

 

Check and ascertain Enterprise’s name-----Submitting to Foreign Economy &Trade Committee-----Obtaining approval certificate----Applying for business license-----Applying for organization and code certificate------Foreign exchange registration-----Opening capital account-----Capital audit-----Tax registration-----Obtaining business license-----Statistic registration-----Financial registration-----CIQ registration

 

 

1.copy of register certificate (or business license of investors) or copy of  individual passport should be notarized by local notarization institute., meanwhile, authenticated by local embassy of P.R.C. in duplicate.

 

2. One copy of identification card (or passport) of the juridical person

3.One copy of identification card (or passport) of directorate members and general manager (vice one) of the new enterprise. Everyone’s resume, address and telephone number will be needed. Each one should prepare four personal photos in use.

 

4.Two copies of Appointment and Authority contracts should be signed by the juridical person of investor 

 

5.Two bank financial credit certificate of investors (original copy needed)，and two bank deposit certificate (original copy needed)

 

6.One copy of identification card (or passport) of the person authorized is needed 

 

7. Capital total amount, registered capital, business term, business scope, capital term.

 

8．Parent company’s 2008audit report

 

9. New company: Member list of the board of the directors.

10.New company: 3 copies of the appointment letters of the board members and the supervisor 

 

11.New company: Passport and resume of the board members and supervisors

12.New company: 2-inch photo of legal person

13.New company: the catalog of import and export commodities

14.New company1: Copies of ID or passport/resume/address/contact No. of the board members and advanced managers。

 

15.New company: Total amount of the investment, registered capital, business term, business scope, capital term.

16.New company: other documents

 

 

 

 

1 ---

2 --- Ministry of Commerce of China

3 --- Ministry of Commerce of China

4 --- Ministry of Commerce of China; Custom office

5 ---Shanghai Waigaoqiao Free Trade Zone