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Procedures for Establishment of Resident Representative Offices by Foreign Companies

[ 2006-01-27 10:04 ]

Step 1:

Applicant appoints an agent, which must be a mainland organisation specialised in providing services to foreign companies.


Step 2:

Agent submits on applicant's behalf all the required documents to provincial foreign trade and economic cooperation department for examination and approval.


Step 3:

Upon approval granted, applicant should proceed promptly to the provincial or municipal administration for industry and commerce for registration.


Step 4:

Other formalities to be handled by the resident representative:

a)、Complete residence application procedures with local public security bureau by presenting registration certificate, representative certificate and approval certificate;

b)、Apply for opening bank account by presenting registration certificate and approval certificate to local foreign exchange administration;

c)、Apply to Customs for permission to import office equipment, daily necessities and transport vehicles for use by the representative office and its personnel;

d)、Complete tax payment registration procedure at local tax office;

f)、Appoint local foreign service company to recruit local staff.


 
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