|Items||Title of Documents||Relevant Contents|
|1||Proviso 4, clause 1, article 73, PRC Tax Law for Foreign Investment Enterprises (FIE) and foreign enterprises (FE)||FIEs of a production nature set up in Shanghai Pudong New Area and FIE’s engaged in projects for airports, sea ports, railways, highways, power stations and transportation are taxed at a reduced rate of 15%.|
|2||Written confirmation from the State Council on Waigaoqiao in Shanghai, Tijian port, Futian Shenzhen,Shatoujiao Shenzhen, Dalian, Guangzhou, Xiangyu Xiamen, Zhangjiagang, Haikou,Qingdao,Ningbo, Fuzhou, Shantou ,Zhuhai, Yantian Shenzhen Free Trade Zone (GuoHan 26,32,43,44,148,150,159,179,180,181,3,etc)||Production-type FIE shall be taxed at reduced rate of 15%.|
|3||Written confirmation from the State Council on Issues relating to the Development and Construction of the Suzhou Industrial Park (Guo Han ||The production-type FIEs set up in Suzhou Industrial Park shall be taxed at 15% reduced rate.|
|4||Notice of the State Council on the issue of Running National Holiday Resorts on a Trail Basis ( 46)||Foreign investment enterprises set up in the National Holiday Resorts are taxed at a reduced rate of 24%.|
|5||Clause 1, article 8, PRC Tax Law for Foreign Investment Enterprises (FIE) and foreign enterprises (FE)||Production-type FIEs with an operating period over 10 years are eligible for tax exemption in the first two years and a 50% tax reduction in the following three years.|
|6||Proviso 3, clause 1, article 75, Implementation Regulations of the PRC Tax Law for Foreign Investment Enterprises (FIE) and foreign enterprises||The FIE’s set up in Shanghai Pudong New Area engaged in the construction of airport, sea port, railway, highway, power station, energy,resource and transportation facility with an operating period over 15 years, are eligible for tax exemption in the first to fifth years and a 50% tax reduction in the sixth to tenth years, subject to the application by the enterprises and the approval from the tax authority in Shanghai.|
|7||Proviso 3, clause 1, article 75, Implementation Regulations of the PRC Tax Law for Foreign Investment Enterprises (FIE) and foreign enterprises||The FIE set up in special economic zones (the SEZ), The FE that set up organizations and place of business to carry on production and operations in the SEZ and the production-type FIE set up in economic and technology development zones, shall be taxed at 15%.|
|8||Proviso 3, clause 1, article 75, Clause 3, article 7,PRC Tax Law for Foreign Investment Enterprises(FIE) and Foreign Enterprises(FE)||Production-type FIE’s set up in the old urban cities where the coastal economic open zones, special economic zones, and economic technology and development zones are located, and engaged in the following: technology and capital intensive projects; projects with foreign investment amounting to more than USD 30 million with long pay-back periods; and construction projects for energy resource, transportation and ports, are taxed at a reduced rate of 15%.|
Notes: If investor is in China, we can hold original passport to do registration process. (2 Originals)
For company investor, Certificate of Incorporation of Investor (notarized and authentication by local notary public and Chinese embassy, 2 originals)
For Individual investor，passport original and China entry record or passport notarized and authentication by local notary public and Chinese embassy, 2 originals
Investor's bank reference to be issued by its related bank (original, 1)
Letter of appointment to New Company’s board members, supervisor(s) (signed by investor, original, 2) (If the board is to be set up, there should be at least 3 members);
Passport copy and resume of all board members, supervisor(s)(1 copy)
2 inch size photo of Legal Rep (2 original) and his/her CV
Leasing agreement (original, 2) and ownership certificate (copy and stamped by landlord, 2 copies), landlord ID copy with signature or company license with company stamp (2originals)
POA for signature (if investor authorizes other person to sign)( 5 originals signed by Legal investor)
Governmental forms (signed by Legal rep of both investor and new WFOE)
New WFOE’s Articles of Association (2 originals, signed by Legal Rep of Investor)
New WFOE’s Feasibility Study Report (2 originals, signed by Legal Rep of Investor)
The 2 copies of the passport of the legal representative and the supervisor (With investor stamp or investor signature)Notes: Item 3, 8, 9, 10 shall be prepared by us.
Two photocopy of business license of the investing company, which needs to be legalized by China Embassy/ consulate located in the same country. (If investor is a Hong Kong Company, it should be notarized by China law service (Hong Kong) company limited).
One original Bank reference letter of each investing company.
The Passport copy of the Legal representative of each investing company.
The proportion of the share of each investing company.
3pieces of 1-inch photos and photocopy of the passport or ID card of the legal representative of new company
At least 5 optional of company Chinese names of the new company.
Business scope of the new company.
Photocopy of the ID card or passport of the supervisor
2 pieces of office original rental contract and 2 pieces photocopy of real estate owner certificate (signature or seal of the landlord on the real estate certificate is required)
Step 2: Application for Approval Certificate
Step 3: Application for Business License
Step 4: Organization Code Certificate
Step 5: Company Chop
Step 6: Foreign Exchange Registration
Step 7: Open foreign currency capital account
Step 8: Open Foreign currency settlement account
Step 9: Open RMB settlement account
Step 10: Tax Registration
Step 11: Statistics Registration
Step 12: Finance Registration
Step 13: Customs Registration
Step 14: Capital Verification
Step 15: Apply for VAT general taxpayer
1. A zero tax jurisdiction
2. A quality tourist destination
3. A jurisdiction with excellent telecommunications
4. A jurisdiction with no foreign exchange restrictions
5. A jurisdiction with modern financial services legislation
6. A jurisdiction with reputable, professional infrastructure
7. A jurisdiction with a common law legal system based