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Registration-based Corporations and Approval based Corporations, and Required Materials in Yunan of China



Registration-based Corporations and Approval based Corporations,  and Required Materials in Yunan of China 

(1)The Foreign-invested Enterprises through Registration
1) The Scope of Enterprises
a. wholly foreign-owned enterprises
b. joint (Cooperative) ventures without state owned assets in lie of shares
c. technology-piloting and export-oriented projects within the incentive category in the state's industrial policy without the overall balance of
construction and production by the province
d. projects within the provincial approval limit (the total investment below USD 30 million).
2) Main Documents and Materials Submitted for Registration
a. application report for the establishment of foreign-invested enterprises
b. approved and accredited company contracts and articles of association; for wholly foreign invested enterprises articles of association only.
c. copies of the valid industry and commerce registration and license issued by the local government, and copies of valid personal ID card.
d. a name list of the board of directors, the appointment letter of directors, general manager and assistant general manager, and copies of their valid ID card.
e. the credit certification for investors
f. relevant proof and documents for the right to utilize the premises 
(2)The Foreign-invested Enterprises through Approval
Enterprises Excluding Enterprises through Registration
2) Documents and Materials Submitted for Registration
a. application report for the establishment of joint (cooperative) ventures

b. feasibility study report (replacing the project proposals)
c. the formal intent letter or contract signed by all the parties of joint (cooperative) ventures

e. the credit certificates of the Chinese and foreign investors issued by banks
f. copies of the valid industry and commerce registration and business license issued by the corresponding governments, and copies of valid personal ID card
g. relevant proof and documents for the right to utilize the premises
h. balance sheets and income statements of the cooperative parties
i. the opinions on site-selection, environmental protection and fire control by relevant departments in charge
j. list of imported equipment of joint (cooperative) ventures

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Procedures of Establshing Foreign-Invested Enterprises in Yunnan of China

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  Compass foreign business service center (Abbrev. Compass) is a comprehensive agency that can provide one-stop service for foreign businessmen from around the world. It’s the professional agency that get the permission to establish by Chinese government. Compass provides one-stop agency services for foreign businessmen in China- investment, purchasing, joining electronic commerce platform and marketing.
  Compass will help the foreign businessmen’ to do their business operations in China easier. The professional teams that consisted of different realm experts will greatly shorten the time in different steps, reduce the business costs, and the business risk in the investment project in China.

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