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.
Eligibility requirements:
1. Based on Article 23 of the Company Law of the PRC, the incorporation of a limited liability company shall meet the following requirements:
1) The number of shareholders conforms to the statutory number;
2) The capital contributions of the shareholders reach the statutory minimum amount of capital;
3) The shareholders have jointly formulated the articles of association;
4) The company has its name and has established an organizational structure in conformity with the requirements for a company with limited liability;
5) The company has its own domicile.
2. Company is in compliance with China's industrial policies.
3. Effective pre-licensing or approval documents.
Charging standard and legal basis:
Charging standard: 100 yuan ($15.93)
