What is the basic registration procedure for the incorporation of a FIE?
The incorporation of a FIE mainly includes the following basic steps:Name Registration at competent Administration of Industry and Commerce (“AIC”); Obtaining the Certificate of Approval from Ministry of Commerce (“MOC”) or its competent branch; Obtaining the Business License (“BL”) from AIC. In addition, some FIEs, which are engaging in special activities, need the special approval from the competent administrative authorities before/after the issuance of the Certificate of Approval and/or the BL. Miscellaneous Registrations. These registrations include but are not limited to registrations at Public Security Bureau, Technology and Quality Supervision Bureau, Local/State Tax Bureau, Foreign Currency Administration, Customs Administration, Statistics Bureau, Labor Bureau.