Friday, December 14, 2007

Learn mandarin - How to set up a resident representative office? (Beijing)

BIZCHINA / Start an Enterprise

How to set up a resident representative office? (Beijing)

Updated: 2006-04-17 09:31

A: Foreign traders, manufacturers, shipping agents, economic
organizations and other groups shall report, according to their nature of
the business, to the Ministry of Commerce (Mofcom) or other relevant
ministries, committees or bureaus which are authorized for the
examination and approval of the setup of resident offices. Proxy
authorized by Mofcom will go through the examination and approval
procedures for the above-mentioned companies. The business activities of
the established institutions can only be in the range of business
connection, products introduction, marketing, technology exchange and
consulting service and etc. Direct business activities are prohibited.

Documents Required and Necessary Procedures

(1) Application for setting up the office: The application shall include
background of the enterprise, business conditions, purpose of the office
to be established, name of the office, person in charge, scope of
business, location and operational term. Application shall be signed by
the chairman or president of the enterprise together with the
enterprise's seal. (original)

(2) A certificate of authorization to the representative accredited to
the office issued by the chairman or president of the enterprise.
(original)

(3) Copy of certificate of legal operation or copy of certificate of
registration provided by the proper authorities of the country or region
where the enterprise comes.

(4) Bank reference provided by the bank of the country or region where
the enterprise comes: The bank reference, to be signed by the person in
charge or business manager of the bank, shall state clearly the
enterprise's registered capital and present amount of deposit, as well as
the reputation of its flexing capitals after the opening of the account.
(original)

(5) Resume of representative accredited to the office. The resume,
including both educational and working background, should be detailed,
specific and true. Disconnection is not allowed. Two photographs of each
representative are required.

(6) Identification paper of the representatives. For representatives of
foreign nationality, copy of passport of the country he holds should be
submitted. For compatriots from Hong Kong and Macao, copy of
certification for his returning to his hometown and permanent resident
identification should be submitted. If a domestic personnel is to take
the post of representative or chief representative, approval and
identification from Beijing Foreign Enterprise Service Corporation
(FESCO) are needed.

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