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What are the basic procedures for registered companies in Shanghai?

November 30 2018

There are two ways to register a company in Shanghai. One is for the entrepreneur to register himself, and the other is for the agency to assist entrepreneure to register.

In this article, Tanikawa will help investers to learn what are the basic procedures for registered companies in Shanghai?

1. Approved name

Before the entrepreneur approves the name, need to determine the name of the company, the registered capital, the type of the company, the proportion of the shareholders' investment, and then submit the name approval application to the Industrial and Commercial Management Department where the registered address is located. You also can handle these procedure online. When the enterprise name is passed, the Industrial and Commercial Bureau will issue the “Notice of Pre-approval of Enterprise Name”.

2. Business license approval

Entrepreneurs need to confirm the company's address information, business scope and other materials, and submit the materials to the Industrial and Commercial Management Department. If the approval is passed, they will receive a registration notice.

3. Obtain a business license

Entrepreneur needs to bring the following materials: the Company Establishment Application, the Company's Articles of Association, all the ID Card for all Shareholders, the Name Pre-approval Notice, the House Lease Contract and other related materials to the Industrial and Commercial department, and then apply for a business license.

4. Engraved chapter

With the company's business license and the ID card for Legal Entity to conduct the official seal, financial seal and legal entity seal.  

5. Tax registration

6, the bank opened an account

7, accounting tax return

8. If necessary, it must apply for social security account opening.