ATAHK Hotline86-755-82143422

Page index: Home > » Biz Startup » Shanghai Business Setup

Shanghai Representative Office Registry

Update Date:2019-08-01 12:00:01     Source:www.3737580.com     Views:402

Shanghai Representative Office Registry Service

Hotline: 86-755-82147392, Email:info@citilinkia.com

 

Shanghai Representative Office Registration, Representative offices of foreign companies, also known as permanent representative institution of foreign countries (regions) set up in China, instead of the parent company for business liaison; whose application is simple and fast, if the chief representative is foreigner, he can apply for a work visa; so for some foreign-funded enterprises just entered China, the establishment of a representative office is a better solution.

 

 

Representative Office is not a separate legal entity, and it should not make directly profitable business activities. Representative offices of foreign companies only engage in activities within the bussiness scope of the registration certificate.

 

The Advantages of Shanghai Representative Office
Registration procedures for foreign companies are relatively simple and fast, it does not have very strict funding requirements for its specific operating is different from entities; its follow-up management is also relatively simple.


Registered conditions of the Shanghai Foreign Representative Offices
Foreign companyshould be officially registered with at least 2 years’ existence, more than 6 digits of bank reference letter; and belongs to trading, production and freight  company. According to Chinese government regulations, the application should not be  submitted directly to the department , entrusting a lawful local agencies is availble.


Required information for the Shanghai Foreign Office
1,Foreign (regions) company Permanent Representative Offices Registration Application.
2, Foreign (regions) company residence proof and the proof for more than two years   existence to prove its legitimate business.
3, Articles of association or organization agreement of foreign company.
4 , Authorization document to entitle signatory issued by foreign company .
5, Appointment document for chief representatives and their identity proof.
6,Bank reference letter issued by financial institutions whose has bussiness with the company.
7, Resume of chief representative.
8, Legitimate use proof of the representative office place.
9, Approval documentsfrom the approval authority.
10, Other relevant documents and certificates.

 

Business scope of the Shanghai foreign representative offices
Representative offices of foreign companies should not make direct business activities  with customers, so representative can only conduct indirect business activities, such as public relations activities, business contacts, products show, market research, scientific and technological exchanges.

Operating period and termination of Shanghai foreign representative office
According to the latest regulations offices, representative offices registration is valid for only one year. Therefore, the annual extension should be done.

 

Representative offices registered capital

Foreign business liaison office is not a legal entity, so there is no registered capital requirement.

 

Advantages of Foreign Representative Offices Registration in Shanghai
The Chinese government encourages foreign investors to set up representative offices in China, so that they can study the market, market research or product quality control, personnel training and so on. However, some mainlanders go to overseas to register company and set up representative offices in China, and then use this office to buy tax-free car, which is against the rules.


Shanghai Foreign Office Registration Process
(1) Entrust Process:
Fill in the power of attorney (agreement) → Delivery payment →  submit  the establishment data → Review company materials→ submit to government→  inform the process about 10-15 days to complete → notify customers to fetch data → post balance →transfer licenses

(2) Government Process:
Industry and Commercial Bureau [Site Survey]  → Industry and Commercial Bureau → Quality and Technical Supervision Bureau → National Tax Bureau→ Local Taxation Bureau

(3) customer processes:
Decide Shanghai chief representative → decide office location→ get laywer notary →designated by the Chinese official agency endorsement → submit bank reference letter → entrust us → sign documents → waiting approval → pay the balance→transfer license

 

Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling

Shanghai Hotline: 755-82147392,  13823131503
Fax:58402186
E-Mail: info@citilinkia.com
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai

Back Home   Back Previous   BizBrainBase
查看下一篇: Shanghai Representative Office Setup