Procedure for setting up of a wholly foreign owned company in Shanghai
1- prepare documents required for the application including translation, notarization and verification.
2- negotiate and buy or lease the premises.
3- apply for pre-registration of the name for the Wholly Foreign Owned Company
4- apply for Certificate of Approval of the Wholly Foreign Owned Company
5- apply for a Unit Code Certificate
6- apply for Business License of the Wholly Foreign Owned Company
7- making company seal
8- apply for National Tax Registration Certificate
9- apply for National Tax Registration Certificate
10-apply for Custom Registration Certificate
11-apply for Foreign Exchange Registration Certificate
12-open the bank account
13-apply for Commodities Inspection Registration Certificate
14-apply for Statistics Registration Certificate
15-capital injection and verification of registered capital by an account firm.