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alicia4797
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Asked: 2025-05-08T21:55:39+08:00 In:

How do I register my company and obtain the necessary licenses in China?

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How do I register my company and obtain the necessary licenses in China?
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    1. Yun Hee Choi
      Begginer
      To register a company and secure necessary licenses in China under the latest 2025 regulations, follow this organized guide:

      1. Select Your Business Structure

      Choose from these primary options:
      • Wholly Foreign-Owned Enterprise (WFOE): Allows 100% foreign ownership, ideal for most industries not restricted by the Negative List.
      • Joint Venture (JV): Mandatory for sectors with foreign investment limitations, such as education and healthcare.
      • Representative Office: Permitted only for non-profit activities like market research or liaison work.

      2. Registration Process

      (a) Name Pre-Approval

      • Submit 3–5 proposed names through the local Administration for Market Regulation (AMR) online platform. Names must follow the format: “Region + Brand + Industry + Entity Type” (e.g., “Shanghai Tech Solutions Co., Ltd.”).
      • Verify name availability using the National Enterprise Credit Information System to avoid duplication.

      (b) Document Submission

      Required materials include:
      • Notarized passports/IDs of shareholders and the legal representative.
      • Lease agreement or property deed for the registered address (virtual addresses are acceptable in certain zones).
      • Signed Articles of Association by all shareholders.
      • Feasibility report (for WFOEs).Submit documents via the “One-Stop Online Platform” (一网通办) or in person at the local AMR office.

      (c) Obtain Business License

      • Processing takes 3–7 working days for approval. E-licenses are issued immediately, while physical copies require pick-up at the AMR.

      3. Post-Registration Procedures

      (a) Seal Carving

      • Create official company seals (公章，财务章，etc.) through Public Security Bureau-approved vendors. Costs range from ¥300–800.

      (b) Bank Account Setup

      • Open a corporate account with banks like ICBC or Bank of China, requiring the business license, seals, and legal representative’s ID.

      (c) Tax and Social Insurance Registration

      • Register with the local tax bureau within 30 days to get a taxpayer ID. Choose between:
        • General VAT taxpayer (13% tax rate) or small-scale taxpayer (3% tax rate).
      • Enroll employees in China’s social insurance system (社保).

      4. Industry-Specific Licenses

      Additional permits may be required based on your sector:
      • Food & Beverage: Obtain a Food Business License from the Market Regulation Bureau.
      • E-commerce: Secure an ICP License for online sales activities.
      • Education/Training: Apply for an Education Permit (办学许可证) from the local Education Bureau.
      • Healthcare: Acquire a Medical Institution License from the National Health Commission.

      5. Critical Considerations

      • Capital Requirements: Most industries use the subscribed capital system (capital can be paid in later), except sectors like labor dispatch, which require ¥2 million+ paid-in capital.
      • Compliance Obligations:
        • Annual financial audits and tax filings are mandatory.
        • Foreign investors must adhere to the Foreign Investment Law for profit repatriation and operational rules.
      • Timeline: Registration takes 1–2 months for WFOEs; sectors needing special licenses may take longer due to additional approvals.

      6. Resources for Support

      • Professional Services: Engage consulting firms such as Hongzhuo Group or Fastlane Group for assistance with documentation and license procurement.
      Always consult local legal or business advisors to ensure full compliance with sector-specific regulations.