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Procedures
Document Required
Time Required
Procedures
Document Required
Letter of intent for establishing a wholly foreign-owned enterprise.
Feasible report.
Contract and memorandum & articles of association of the company signed by the legal or authorized representatives.
Name list of board of directors and copies of their ID card.
Proof of legal status of the representatives.
Reference letters from bankers.
Certificate of using the company name approved by the Municipal
Industry and Commerce Bureau.
Recommendation letter from Environment Protection Department.
Balance sheet of last three years.
Lists of materials, equipment, etc to be imported or exported.
Time Required
About 15 days to complete company set-up licensing formalities.
About 30 days to get Customs approval.
Total around 45 days.
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