The Checklist For Incorporating a Wholly Foreign Owned Company（“WFOC”） In China

1.  About the Investor/owner/holder/parent company (collectively the investor): business license/business registration certification: which will be foreign-locally notarized and the local Chinese Consulate/Embassy Attested.       

2.  Power of Attorney from the Investor (optional)

For local Chinese attorney to go for the Application and Registration Procedure

3.  Five Proposed Business Names of the WFOC in Chinese for selection and option.

Put the first priority as the first one, the least priority as the fifth one.

4.  Proposed Business range of the WFOC

5.  Bank Credit Balance Statement of the Investor

How much money the Investor maintain with a bank on a specific date, signed by the bank officer. This is the simplest paper and easiest for the Chinese Officer to accept. Other paper, such as yearly audit, Credit Bureau Report is not easy for the officer to accept.

6.      Notarized Appointment of the Representative of the Investor to Register the WFOC.

7.      Nominated Board Member: Sole one executive director is acceptable if a board is not desired, ID Certificate of the director.

8.      Appointment of the Board Member/Sole Director and General Manager of the WFOC.

9.      ID Certificate of the Nominated Chairman/Sole Director and Resume of the Chairman/Sole Director

10.  ID Photo of Nominated Statutory Representative of the WFOC(the Chairman/Sole Director)

11.  ID Photo of the Contact Person (the Attorney or the Person in Charge of the Incorporating Job)

12.  WFOC Project and Investment Application Form.

13.  Feasibility Study.

14.  Articles & By-Law of the WFOC.

15.  Company Registration Form.

16.  Lease for the Office/Plant signed by the Holder’s Representative, attached with Title.

      One set with five copies. The underlined and italic items shall be prepared by the Investor, while the attorney will provide instruction or samples.

Simon Lee Esq.