Requirements for setting up the RO:
-According to State Administration of Industry and Commerce's file, the PARENT COMPANY must be established for more than 2 years
-Good reputation of bank
General info of the RO:
Representative Office (RO) is established by foreign companies to engage in business liaisons, quality control, product promotion, market research, exchange of technology and other permitted activities in China. ROs are not allowed to directly engage in operational activities, RO can't issue official invoices, nor receiving payments from it's clients.
Procedure:
STEP1: Consulting-Sign contract-Pay deposite
STEP2: Innocorp provide client list of documents
STEP3: Office setting
STEP4: Translation of needed documents
STEP5: Approval of the address of the office by National Security Bureau
STEP6: Hand over documents to Industrial and Commercial Bureau
STEP7: Engraving Seals
STEP8: Apply RO organization code
STEP9: Apply State Tax and land tax
STEP10: Settle in Land tax
STEP11: Foreign Exchange Registration, Bank Basic Account Registration
Time of the Procedure: 15 working days
Fee: Innocorp service fee: 5000RMB
For more info, please contact us:
service@innocorpconsulting.com
+86 574 83097765/ +86 18667830169