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Corporate Service - China

Question

China Beijing Q&A Concerning Setup of Cross-border Ecommerce Company

Answer
With the rapid development of economic globalization, cross-border ecommerce enterprises have sprung up. How to set up a cross-border ecommerce enterprise? Do I need to apply for any special license? This article aims to solve the questions investors may meet for Kaizen’s clients’ reference.

Q:
We would like to set up a cross-border ecommerce company in Beijing, China.  What are the procedures?
A: You need to apply with the Administration for Market Regulation to set up a normal trading company and apply for import and export license.

Q:
What are the procedures for trading company formation?
A:
  • Name pre-approval;
  • Application of business license and foreign invested company incorporation record filing;
  • Carving company seals;
  • Setting up RMB basic bank account;
  • Handling foreign direct investment registration;
  • Opening capital bank account;
  • Tax related information registration

Q:
Is there any requirement on the business scope?
A:
No, there is no special requirement on the business scope, the commonly used descriptions are “import and export of products and technology” “online trading business”, etc.

Q:
What are the procedures for import and export license?
A:
  • Foreign trade operators registration;
  • Customs registration;
  • E-port registration

Q:
What documents are required for foreign trade operator registration and how long does it take?
A:
  • Business license;
  • Foreign trade operator registration form;
  • POA

Foreign trade operator registration could be completed within five working days.

Q:
What documents are required for customs registration and how long does it take?
A:
The main document required is registration form for customs declaration company.

Customs registration could be completed within five working days.

Q:
What documents are required for E-port registration and how long does it take?
A:
  • Business license;
  • Foreign trade operator registration form;
  • Registration form for e-port company particulars and IC card;
  • Photocopy of identification documents of the legal representative and the operator(s)

E-port registration could be completed within one working day.

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