How to Register Joint Venture Company in Shanghai

Register Shanghai Joint Venture Service
Shanghai Hotline: 021- 68877368
Tel (Wechat): +86 18101649652
Email: anitayao@citilinkia.com

A Sino-foreign Joint Venture (JV) in Shanghai is an enterprise formed by foreign investors and Chinese investors within the territory of the People's Republic of China, on the principle of equality and subject to approval by the Chinese Government. Foreign investors include that foreign enterprises, companies and other economic organizations or individuals. Chinese investors include Chinese enterprises, companies, and other economic organizations. Both parties to the venture shall share the profits, risks and losses in proportion to their contributions to the registered capital. Sino-Foreign Joint Venture has two forms which are Equity Joint Venture (EJV) and Cooperative Joint Venture (CJV)

How to Register Joint Venture Company in Shanghai - Joint Venture (JV) Formation Procedure
1. Name Pre-registration with local State Administration for Industry and Commerce (SAIC)
2. Pre-approval from local government authorities concerned if business scope entails such pre-approval
3. Approval application from Fire and Environment Bureau for manufacturing industry
4. Certificate of Approval issued by Bureau of Foreign Trade and Economic Cooperation
5. Apply for Business License with local SAIC
6. Chops made by Public Security Bureau (PSB)
7. Organization Code License by local Bureau of Quality and Technical Supervision (BQTS)
8. State tax certificate registration
9. Local Tax certificate registration
10. Registration and Approval with State Administration of Foreign Exchange (SAFE)
11. Open Foreign Currency and RMB bank account
12. Financial certificate Registration with Ministry of Finance

How to Register Joint Venture Company in Shanghai - Checklist for Clients
Documents provided by Foreign Partner
1、3x original Certificate of Incorporations, Articles of Incorporation or Equivalent document notarized by local lawyer and endorsed by Chinese embassy or consulate. For individual investor: 2x original Passport copies of Investors need be notarized by local lawyer and endorsed by Chinese embassy or consulate.
2、2x original Bank Reference Letters from investor’s bank (declare a good standing)
3、2x original The latest annual audit report copy from the parent company provided by a Certified Public Accountant (CPA) (For the parent company established over one year)

Documents provided by Chinese partner:
1.  4x copies of Chinese partner's local company business license and other licenses
2.  3x copies CPA firm's capital verification report
3.  3x copies Chinese partners last year audit report (it is needed for one-year old company)
4.  3x copies of Chinese partner's local company's article of association

Documents provided by both Chinese Partner and Foreign Partner
1.  Office address in China, 2x original leasing contracts, 2x copies of house property certificate with company stamp or signature of lesser and 2x landlord identification documents (The lessee should be acted by legal representative or investor. The area is required no less than 30 ㎡ and for commercial use only with more than one year’s rent and the lease contract should be endorsed by local Housing Management Authority)
2.  Passport copy or ID card of: (i) JV company 's Legal Representative (ii) JV company 's supervisor (iii) JV company 's director and (iv) JV company 's manager
3.  JV company's Legal Representative provides: 6 photos (2 inches size),
4.  Registered capital; Business Scope; 6 proposed Chinese names of JV company.

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