The both of the following Basic condition for the main body of enterprise and Special Industry Catalog A to W for Licensing authorities are use to help you find the procedures in advanced before you set up a WFOE or a Joint Venture Company

 

1.Basic condition for the main body of enterprise

No.
Project
Legal Basis
Licensing authorities
1
Name of the Enterprise Provisions of the Registration and Management of the Enterprise Name,
Provisions of the State Council General Office on the Company named " China " or Other Related Words
The company name with the title of " China ", "Chinese", "National", "International"
should be approved by the State Council of China. The company name with the title of " China ", "Chinese", "National", "International" or non-administrative division should be approved by the China State Administration for Industry & Commerce
2
Limited Liability Company Company Law, Company Registration Regulations The raise-funds based limited companies and their stock issuing to the public should be approved by the China Securities Regulatory Commission The limited companies newly issue public stock should be approved by the China Securities Regulatory Commission
3
Set-up, alter or cross out a Chinese-foreign Joint Venture Provisions of Sino-Foreign equity Joint Venture and
its Implementing Regulations
The ministry of Commerce or Beijing Municipal Bureau of Commerce or the Business District Board reviews and approves the application and issues the approval certificate.
4
Set-up, alter or cross out an enterprise jointly management by
China and foreign countries
Provisions of Sino-Foreign Cooperative Enterprises and its Implementing Regulations

The ministry of Commerce or Beijing Municipal Bureau of Commerce or the Business District Board
reviews and approves the application and issues the approval certificate.

5
Set-up, alter or cross out a wholly Foreign Owned Enterprise Foreign-funded Enterprises Law The ministry of Commerce or Beijing Municipal Bureau of Commerce or the Business District Board
reviews and approves the application and issues the approval certificate.

2.Special Industry reference ( A to W) for Licensing authorities (WFOE)

A / B / C / D / F / G / H / I / M / O / P / R / S / T / W

A

Aerial Transpor

•  the set-up of a mining enterprise should be approved by the Municipal Bureau of Land & Resources
•  gold mining should be approved by the China National Gold Authorities and the mining permit is issued by the Municipal Bureau of Land & Resources

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B

Banking Financial Institutions

•  set-up and alter the scope of business should be approved by the China Banking Regulatory Commission
•  the foreign currency exchange management permit should be issued by the national or municipal Administration of Foreign Exchange

Banking in the Non-bank Financial Institutions

Set-up and alter the scope of business should be approved by the China Banking Regulatory Commission

Brand Car Sales

The State Administration for Industry & Commerce enters the record and release the list of enterprises in brand autos sales

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C

Commercial encryption products

•  the production should be approved by the Commercial Encryption Management Office of China
•  the distribution of the product should be approved by the Commercial Encryption Management Office of China

Computer information system security products

Under the approval of the Ministry of Public Security of the People's Republic of China

Cosmetics

The cosmetics enterprise should be issued with the sanitation license by the Municipal Drug Administration

Certified Public Accountant Office (CPA)

the set-up of the CPA offices and their branches should be approved by the Municipal Bureau of Finance
the set-up of the Sino-foreign Joint Venture accounting firms should be approved by the Ministry of Finance of China
accounting office's engaged in securities and futures related business should be approved by the Ministry of Finance and the Securities Regulatory Commission

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D

Disinfection Products

The municipal Public Health Bureau issue the sanitation license

Direct Marketing

The direct-marketing permit should be approved by the Ministry of Commerce of the People's Republic of China

Duty-Free stores

The set-up of the duty-free stores should be approved by the China Customs

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F

Food products

•  T he production and distribution of food product should be approved by the Municipal or County Public Health Bureau for the sanitation license
•  T he produce and distribute of health food production should be under the approval of the municipal or county Drug Administration

Futures

•  The set-up and alter business scrop of the futures brokerage companies should be approved by the China Securities Regulatory Commission after the verification.
•  T he State of Council , China Securities Regulatory Commission and the Ministry of Commerce of China together issue the permit to the offshore futures business

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G

Gas-supply enterprise

The set-up of a gas supply enterprise should be approved by the Municipal Administration Committee

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H

Hazardous Chemicals

•  T he production and storage should be approved by the municipal administration of work safety
•  The distribution should be approved by the municipal administration of work safety with a hazardous chemicals permit.
•  The business related with highway and waterway should be approved by the municipal administration of work safety.

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I

International Ocean Shipping

•  The municipal transport Authorities approves the permit to the business engaged in the international ship management.
•  T he municipal transport authorities and the Ministry of Transport of China approves the business engaged in international ship transport, non-vessel carrier and international shipping agencies

Insurance

•  the set-up and alter business scrop of the insurance companies and the branches should be approved by the China Insurance Regulatory Commission.
•  the set-up of the insurance asset management companies and the branches should be approved by the China Insurance Regulatory Commission
•  China Insurance Regulatory Commission approves the permit to the insurance brokers, insurance agencies and insurance assession entities.

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M

Mineral Resources Exploitation

•  the set-up of a mining enterprise should be approved by the Municipal Bureau of Land & Resources
•  gold mining should be approved by the China National Gold Authorities and the mining permit is issued by the Municipal Bureau of Land & Resources

Medical institutions (Profit-making)

•  Municipal or County Public Health Bureau issue the business permit for the medical institution
•  The set-up of a traditional Chinese Medicine institution should be approved by the municipal or county Administration of Traditional Chinese Medicine

Medical devices of Category II & III

The produce and distribute of medical devices of Category II & III should be approved by the Municipal Drug Administration for the production and management permit

Medications

Please contact our senior consultant

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O

Overland Transport & business related

The set-up of wholly foreign-owned, Sino-foreign joint ventures, Sino-foreign cooperative enterprises should be approved by Municipal Transport Authorities and the Ministry of Transport of the People's Republic of China

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P

Public Places

The municipal or county approves the public sanitation license (catering places are permitted to operate business after the Food Sanitation Business Permit is issued.

Production & Processing industry

Under the approval of city or county Environmental Protection Agencies

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R

Rail Transportation

Under the approval of the China Ministry of Railways

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S

Securities

•  The set-up and alter business scrop of the securities companies and the branches should be approved by the China Securities Regulatory Commission.
•  The set-up and alter business scrop of the funds management companies and the branches should be approved by the China Securities Regulatory Commission.
•  China Securities Regulatory Commission issues permit to the securities trading services agencies

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T

Telecommunication Services

•  the foreign invested telecommunication business should be issued with foreign investment approval certificate by the municipal commerce bureau.
•  The Ministry of Information Industry issues the telecommunication business license.

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W

Water-Borne Transport & Services

The Municipal Transport Authorities issues the Waterway Transport Permit to the waterway transport enterprises and business entities and individuals engaged in the transport business

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