Wholly-Foreign Owned Enterprises- service

Edit: Shanghai Wecome Business Consultants Co.,Ltd. Date:2007-9-5

Wholly-Foreign Owned Enterprises- service

NO.	Pocedure Items	Required Time (working day)
The first step
1	Company name research	5
2	Borough Ministry of foreign economic relation & trade(examine and approve)	10
3	Application for Temporary Code	1
4	The Approval Certificate	3--5
5	Application for business lisence	5
6	Put on records of enterprise cachet	1
7	Make the enterprise cachet	3
8	Organization Code Certificate	2
9	Tax registration	22--30
10	Foreign exchange registration	1
Total 1		53－63
The second step
1	Open an account with the bank	5
2	Statistical registration	1
3	Finance registration	Minhang borough 1 Fengxian borough 3 Songjiang borough 3 Xuhui borough 5
4	Customs registration	5
5	The report of validating capital	10
6	Business license	5
Total 2		27－31

2. Expense Details

		Sum (RMB)	Remark
Agent Fee		13,000 + 3,000
Administration Fee		About 10,000
Total		About 23,000 + 3,000
NO.	Charge Items	Ministry	Expense (RMB)		Remark
The first step
1	Company name research	business administration bureau	180
2	the approval certificate	the ministry of economic relation & trade	10
3	Business lisence	business administration bureau	Bulletin fee4000 8‰registration capital IC business license 280
4	organization code certificate	the code center	148
5	Make the enterprise cachet	he lettering company which must be appointed by Public Security bureau	600		Enterprise cachet、 finance seal legal representative seal invoice seal customs seal
6	tax registration	taxation administration	20
7	foreign exchange registration	Administration of Foreign Exchange	500
Total Expense 1
The second step
1	open an account with the bank	Bank		50
2	statistics registration	Statistics Bureau		20	Minhang borough on free
3	finance registration	finance administration		20	Minhang borough on free
4	customs registration	customs		Minhang borough 80 Fengxian borough 90 Baosan borough 100
5	validate the capital report	accountant office		2500
6	business license	business Administration bureau		110
Total Expense 2
Total Expense

3. Essential Documents

NO	Items	share
The essential documents which should be provided by Custom
1	Principal investor notarization/attestation(original)	2
2	legal representative ID card or passport (copys)	2
3	Credibility letter of investor (original, testified by bank )	1
4	legal representative address and photoes(original)	1
5	Leasehold contract of office(original)	3
6	house property certificate of office (copy, signature or seal)	3
7	The ichnography of ground (copy, signature or seal) Refer to accessory 2	3
7	Finance principal ID card or passport(copy)	1
8	Directors ID card or passport (copy)	1
9	Supervisors ID card or passport (copy)	1
10	Refer to accessory 1	1
The document which Wecome prepared for custom (you just sign them)
1	Agent agreement	3
2	The requisition of company name approve in advance	3
3	Requisition of enterprise registration	2
4	Directorate decision documents	2
5	Documents of appointment of an Board chairman \ administer director \ legal representative	2
6	Documents of appointment of the supervisor	2
7	feasibility study report	5
8	Articles of association	5
9	Joint venture contract	5

Accessory 1

information of investors
the basic information of investors (foreign legal representative)
NO.	ITMES
1	foreign legal representative:
2	the legal representative:
3	the legal registration address :
4	the business scope :
5	main products :
remark: If investor is foreign individual , then it’s no need to fill out the above informations.
investment subjects general
1	investors and investment proportion：
2	the main products what you trading：
3	sell manners (retail or wholesale)：
4	the registration capital and deadline：
5	business term：
6	legal representative (name, tele phone, address) ：
7	establish directorate if or not：
8	the members list of directorate ：
9	board chairman：
10	supervisor：
business forecast
1	the main market ：
2	the sale and profits for the first year:
3	the sale and profits for the second year:
4	the sale and profits for the third year: