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.
No 156 of the State Council Decree - Regulations of Company Registration of the PRC, and related laws and regulations.
Eligibility requirements:
1. A company shall apply for alteration registration if any of the registered items changes, including company name, domicile, name of legal representative, registered capital, paid-in capital, type of company, business scope, terms of operation, names or titles of shareholders of a limited liability company or of promoters of a joint stock limited company, capital subscribed for or actually contributed by shareholders or promoters, duration and methods of capital contribution;
2. Compliance with China's industrial policies.
3. Effective pre-licensing or approval document.
Charging standard and legal basis:
Standard: 0.08‰ of the registered capital. For those whose registered capital exceeds 10 million yuan ($1.58 million), an additional 0.04‰ of the added capital is charged. If the registered capital exceeds 100 million yuan, there is no extra charge.
Legal basis: No 1707, Price set by National Development and Reform Commission (NDRC) and the Ministry of Finance [1999]; No 279, Price set by Henan Provincial Price Bureau and Department of Finance [1999]; No 414, Price set by the Ministry of Finance and Department of Price of NDRC [1992]; Article 56 of Regulations of Company Registration of the PRC.
