| 1. Entrust authorized agency.(Wholly-owned foreign enterprises) Intent for JV or cooperative.(Sino-foreign joint venture and cooperative enterprise)
2. Draw up project proposal.(1 working day)
3. Submit to approval authorities.(2 working days)
4. Registry of company neme with Industrial & Commercial Bureau.(7 working days)
5. Compile feasibilty study, articles of association (Draw up a contract if for JV and cooperative).(3 working days)
6. Submit to approval authorities.(5 working days)
7. Apply to Industrial & Commerical Bureau for business license.(7 working days)
8. Tax registry, Custom House registry, bank account opening.(15 working days)
9. Open business.
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