How to Register a company in Shanghai Free-Trade zone?

Condition(s):

Our suggested minimum registered capital for consulting WFOE, Service WFOE, IT WFOE: USD$ 100,000 or RMB

500,000. (The capital doesn't nessesary to be deposited in the bank account before registration, you have 5 years to pay it)

Below is the required documentation for Shanghai Free-Trade Zone company formation. (Item 1,2,7,8 should be prepared before visiting China:

CHECKLIST:

1. 2x Certificate of Incorporations, Articles of Formation or Equivalent document certified by Chinese embassy or Chinese consulate overseas [UK , US, HK, AUS, RUS, SGP, GER, SWE, ISL etc. ] For individual investor: 2x Passport copies of Investors need be certified by Chinese embassy or consulate. [individual investor] Double check with us if individual investor is currently in China as some cities in China allow individual investor to submit with their original passport.

2. 2x Bank Reference Letters from investor’s bank (declare a good standing)

3. Passport copy of: (i) Parent company's director (ii) China company's Legal Representative and (iii) China company's supervisor

4. China Legal Representative provides: 6 photos (2 inches size), brief resume

5. Registered capital; Business Scope; 3 proposed Chinese names of China company

6. Office address in China, 2x leasing contracts [-- ] , 2x certificate of real estate ownership, and 2x landlord identification [ Individual, Company ]

7. Letter of Authorization 

8. For Trading WFOEs only: The latest annual audit report copy from the parent company: provided by a Certified Public Accountant (CPA) [--] and Customs HS Code of proposed Import/Export products in China [ Codes ]

The above documents are good enough to register a Trading, Service & Consulting Free Trade zone company in Shanghai. 

For the establishment of a manufacturing free-trade zone company, overseas investor will also need to provide:

1. Purpose and estimated investment

2. WFOE's operational structure and number of employees

3. Permission for land use, environment evaluation report

4. Products, size of production, detailed list of equipment, and business plan

5. Environmental protection measures

6. Requirement for utilities such as power and water supply

Registration Procedures

Foreign investors are not permitted to directly submit the application documents of incorporate a Free-Trade Zone

company to the relevant authority in Shanghai. They must retain a Shanghai entity that is authorized or permitted by

relevant authorities to act as a sponsor. The sponsor will submit all the documents to the examination and approval

authorities on behalf of the foreign investor. 

Procedures for setting up a Free-Trade zone company are the following:

1. Name and business scope pre-approval with State Administration of Industry and Commerce (SAIC) in Shanghai Free-Trade zone.

2. Get Business License from State Administration of Industry and Commerce (SAIC) in Shanghai Free-Trade zone.

3. Chops made by Public Security Bureau (PSB)

4. Tax payer account in Taxation Bureau

5. Registration and Approval with State Administration of Foreign Exchange (SAFE)

6. Open FTE foreign currency and RMB bank account

7. Import/Export digital device from China Customs (applicable for Trading & Manufacturing company)

If you need further assistance, please feel free to contact us.  marketing@gomaxgroup.com or

You can book the 30-minute Free consultation call from https://calendly.com/julieyu-gomax/