Please refer to below information:
• Accounting Outsourcing Service
• Brief Introduction of Foreign Invested Partnership Enterprise (FIPE)
• Documents Required & Registration Procedures of Partnership Enterprise
Establishment Condition(s) of FIPE in China:
The Minimum number of partners at least be 2, no nationality requirement, therefore all foreign investors can form a FIPE or Foreign & Chinese partners mixed FIPE. Written agreement between the partners is required, which must be submitted to the State Administration of Industrial & Commerce along with the certified passport copy version of the partners. (If applicable) Should it be a general partnership enterprise (GPE) or limited partnership enterprise (LPE) then that shall be mentioned in its name. A LPE must have no less than 2 partners where one of them is a general partner nor may it have more than fifty partners.
A partnership enterprise must meet the following requirements:
1.More than 2 partners ( no requirements on the nationality of a Partner)
1.A written partnership agreement;
2.Capital contribution subscribed to or actually paid by the partners;
3.A business name and an office in an office building for the partnership enterprise;
Documents required:
• 1 Corporate investor as partner:
• 1 Certificate of Incorporation, or Articles of formation or equivalent document issued by Chinese embassy or Chinese consulate overseas
For individual investor as partner :
• 1 Passport copy be certified by Chinese embassy or consulate
• 1 Residential Address Proof (e.g. utility bill issued within 3 months, valid driving licenses with address, National Identity card with address, etc.) be certified by Chinese embassy or consulate)
• 1 Bank Reference letter be certified by Chinese embassy or consulate - (Managing partner only )
• Passport copy of:
• (a) Parent company's director
• (b) China Partner Enterprise's general partner
• (c) China Partner Enterprise's partners
Chinese general partner and partners should provide with:
• 6 photos (2 inches size), brief resume
• Registered capital; 8 proposed Chinese names of China business, Business Scope
• Office address in China, 2 leasing contracts
• 2 Landlord Identification
• 2 Certificate of Real Estate Ownership
Registration Procedures:
Foreign investors are not allowed to directly submit the relative application documents of incorporate FIPE to the relevant authority in China. They must entrust a PRC entity that is authorized or permitted by relevant authorities to act as a sponsor. The sponsor will submit all the documents to the examination and approval authority on behalf of the foreign investor. Procedures of setting up the Foreign Invested Partnership Enterprise in China are as following:
• Name registration and filing to State Administration of Industry and Commerce (SAIC)
• Apply for Business License with SAIC
• Chops made by Public Security Bureau (PSB)
• Organization Code License by Technical Supervision Bureau (TSB)
• Tax Certificate by Taxation Bureau
• Open RMB bank account
• Capital injection
• Financial certificate Registration
• Statistics license Registration
• Import/Export license (Applicable for Trading & Manufacturing WFOE only)
Please refer to below information:
• Accounting Outsourcing Service
• Brief Introduction of Foreign Invested Partnership Enterprise (FIPE)
• Documents Required & Registration Procedures of Partnership Enterprise
If you have any questions about your China business, please feel free to contact us for free.
Contact us in Shanghai, Beijing, Shenzhen or HK for more details:
Jilian Consultants
Telephone:+(86)21- 6071 0208
Email:info@ijilian.cn
Address:Rm2008, O.T.C Building, No.912,
Rd Gonghexin, Shanghai, China.
Our consulting specialist:
Ms. Charlotte Li (English & Mandarin)
Mobile: +(86)158 2143 8339
Email: charlotte.li@ijilian.cn
Skype: charlotte.li
WhatsApp: +86158 2143 8339
Ms. Aliena Wan(English & Mandarin)
Mobile: + (86)18721579300
Email: awan@ijilian.com
Skype: Aliena Wan
WhatsApp: +8618721579300
Office Time: Monday to Friday 0900AM-1700PM (GMT+8)