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Joint venture is a legal corporate that just has foreign investor(s) and Chinese investors.
Some requirements on JV 1. Chinese investor should be corporate, individual investor is not allowed except in Pudong district of Shanghai. 2. Foreign investor generally need to have minimum 25% share in JV: According to the latest Chinese law, there is no minimum capital for JV since March 1, 2014. What important documents require to register a JV in China. 1. Non-Chinese Investor business license authenticated by Chinese Embassy of investor country if the investor is a corporate, or non-Chinese passport authenticated by Chinese Embassy of the investor country. For the detail please review the website of Chinese Embassy of the investor country. (two originals, prepare it at investor country) 2. A letter issued by a financial institution which testifies its financial and credit standing for non-Chinese investor. (two originals, prepare it at investor country) 3. Office lease contact, to register a JV the Chinese government requires a place to carry out business, the place should be in commercial building or industry building. The resident building is not allowed to register as a WOFE address. 4. Article of incorporation 5. Business scope 6. Legal representative 1 inch pictures (6 pieces) How long to complete the registration and start to do business? Normally it takes 3 months When it comes to the following changes of your JV, we can assist you apply for the new licenses and certificates. 1. Company shareholder change 2. Company Name Change 3. Registered capital changes 4. Registered address changes 5. Transfer of shares 6. Business scope changes |
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