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       Investment Procedures
QingPu Industrial Zone
Shanghai Industrial Zone    

1. Grant concerned company to act as agency.(Solely foreign-funded enterprise)
   Letter of intent for joint venture and cooperation.(Sino-foreign joint venture, Sino-foreign cooperative enterprise)

2. Work out project proposal.

3. Submit to the examination & approval authorities.
   Report to relevant departments

4. Register the company to the Industrial & Commercial Bureau.
   Work out feasibility report, corporation charter (contract required in JV or cooperative enterprises)

5. Submit to the examination & approval organization.
   Report to relevant department.

6. Apply for approval certificate.

7. Apply for business license to the Industrial & Commercial Bureau.
   Claim organization code certificate to technology supervision bureau.
   Foreign exchange registration & account opening.

8. Customs registration.
   Registration on customs and duty-free articles free of charge.
   Financial registration.

9. Business operation.

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