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Set up company in form of wholly foreign sh.pdf


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The foreign investor may be a foreign company, enterprise, other economic organization, or a
natural person.
(1) For a company/enterprise, the Certificate of Incorporation and Bank Reference Letter are
required.
(2) For a natural person, the Identity Certificate and Bank Reference Letter are required.
-- the Certificate of Incorporation/Identity Certificate
--certified by the notary organ and the Chinese Embassy in your country
-- the Bank Reference Letter
-- issued by the bank in which foreign investor has a working or trading account and signed by an
authorized bank officer

Process of Setup WFOE in China:
1. Reservation and Application of Company Name:
Prior to any of the following applications, the investor(s) should reserve a name for its prospective
WFOE with Shanghai Administration of Industry and Commerce (SAIC). SAIC requires that a
proposed name and three other names be provided.
2. The Chinese name should be formatted as follows: