Investment and Entrepreneurship in Chengdu: Q&A

Authors: Home in Chengdu

2017-01-31

In March 2016, Chengdu Municipal Government published the Report on Development of Foreign-invested Enterprises in Chengdu 2015 (including Hong Kong SAR, Macao SAR and Taiwan).

Q: How to invest?
A: Foreign-invested enterprises are mainly divided into wholly foreign-owned enterprises, Chinese-foreign contractual joint ventures (subject to approval of the departments of commerce), and partnerships set up by foreign enterprises or individuals in China (registered at administrations for industry and commerce).
Foreign-invested enterprise application procedures
Pre-approval of enterprise name: Chengdu Municipal Administration for Industry and Commerce
Application for approval certificate for FIEs: Sichuan Provincial Department of Commerce/Chengdu Municipal lnvestment
Promotion Commission
Application for business license: FIEs subject to approval of Sichuan Provincial Department of Commerce shall be registered at Sichuan Provincial Administration for Industry and Commerce or at Chengdu Municipal Administration for lndustry and Commerce under the authorization of Sichuan Provincial Administration for Industry and Commerce for individual cases. Those subject to approval of Chengdu Municipal lnvestment Promotion Commission and those to be founded in districts, cities and counties except Hi-tech Zone and Tianfu New Area shall be registered at Chengdu Municipal Administration for Industry and Commerce.
Apply for seal engraving at public security bureaus with business license.
Open an account (foreign exchange/Renminbi)
Enterprises engaged in import and export shall apply for customs entry registration. Enterprises in the industries where registered capital paid-up system is implemented shall issue capital verification report and file it on record with the registration authority.
Note: Investors with different demands may consult on specific documents required at the window of Chengdu Municipal Investment Promotion Commission in Chengdu Municipal Government Affairs Service Center.
Add: 2 Caoshi Street, Chengdu
Tel: 028-86917509
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