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People’s Republic of China (PRC) or China as
it is popularly known, claims to be the world’s
seventh largest economy and the second largest country
in the world to lure foreign investment. China’s
economy, which is based on the pattern of socialist
market system, has made significant achievements in
economic construction and social development due to
the sweeping economic reforms since 1978. Our highly
qualified, experienced and professionally trained Immigration
Attorneys at Korenberg, Abramowitz, Raj & Mathi
assist you in securing the complete array of Chinese
visas besides facilitating company incorporation in
China.
DOCUMENTS REQUIRED FOR CHINESE BUSINESS VISA:
The Chinese Business visa is termed as “F”
visa.
Invitation Letter from China:
An invitation letter formally drafted by the business
partner (host organization) in China explaining their
business activities, duration of the business trip and
a confirmation of guarantee for the costs of the stay
.The letter of invitation can be sent either by fax
or courier.
Documents from India:
- Letter from Indian Employer: A
covering letter from the Indian employer in the company
letter head addressed to the visa office mentioning
the period you are employed with the company, the
nature of business, period of the business trip and
the company to be visited.
- Proof of Employer’s Income:
Bank Statements, evidence of liquid funds, Chartered
engineer’s valuation for immovable property,
Income tax returns, Chartered Accountant’s statement,
etc. of the company in India.
- Duly filled visa application form.
- 1 recent passport size photograph showing full
face in light background.
- Indian passport valid for a period of at least
six months with sufficient blank pages.
- Evidence of Return: Valid airline
ticket, Letter from employer to that effect, etc.
- Current Visa Fees: The visa fees
must be paid in DD favouring “Chinese Embassy,
New Delhi”. Applicant has the option to choose
for normal or urgent delivery of visa. However, urgent
service is allowed only for special cases.
Single Entry – Rs. 1000/- (normal),
Rs. 1900/- (urgent); Double Entry – Rs. 1500/-
(normal), Rs. 2400/- (urgent); Multiple Entry for half
year – Rs. 2000/- (normal), Rs. 2900 (urgent);
Multiple Entry for one year – Rs. 3000/- (normal),
Rs. 3900 (urgent).
Check http://www.chinaembassy.org.in/eng/lssw/hzqz/t61662.htm
for visa fee.
N.B.: Normally, applicants holding
a Letter of Invitation from a host organization in China
may apply for either single or double entry visa. Applicants
holding Original Visa Notification from the Provincial
Authorities in China i.e. Foreign Affairs Office or
Foreign Economic Relations and Trade Commission with
a multiple entry visa notification may apply for a multiple
entry visa.
DOCUMENTS REQUIRED FOR CHINESE EMPLOYMENT VISA:
Chinese Employment visa is known as “Z”
visa. As a prospective employee opting to work in China
s/he must possess the following qualities:
- Must be at least 18 years of age.
- Must be in good health condition.
- Must possess the professional skills and job experience
entailed for proposed employment.
- Must not have any criminal record.
- Must have a definite employer.
- Must hold a valid passport or other international
travel document in lieu of a passport.
Documents from China:
For an employment visa, the employer in China has to
submit the completed application form together with
the requisite documents on behalf of the foreign employee
to the competent trade authorities related to that particular
industry. On approval from the trade authorities, the
application has to obtain the consent of the local labour
department, which is empowered to issue an employment
permit. A visa notification letter along with the employment
permit will be sent directly to the employee.
Documents from India:
Upon receipt of the visa notification letter and the
employment permit, the employee may apply for an employment
visa through the Chinese embassy in the worker’s
country of residence. The under mentioned documents
are essential for submission –
- The Employment Permit or Employment License issued
by the Ministry of Labour and Social Security, Govt.
of China or Foreign Specialist’s License issued
by the Foreign Specialist Bureau, Govt. of China.
- Visa notification letter issued by the Foreign
Affairs Office.
- Employment Contract or Letter of Appointment from
the employer in China mentioning the nature of the
employment, designation of the employee, the period
of employment and the remuneration of the employee.
- Health Certificate issued by a doctor from one
of the Indian Govt. Hospitals.
- Employee’s latest curriculum vitae.
- Copies of Academic records and qualifications.
- Testimonials or Reference Letter obtained from
previous employers.
- Completed visa application form.
- 1 passport size photograph showing full face with
light background.
- Original Indian Passport with validity of minimum
12 months and sufficient blank pages.
- Visa fee to be paid in DD favouring “Chinese
Embassy, New Delhi”
Single Entry – Rs. 1000/- (normal),
Rs. 1900/- (urgent); Double Entry – Rs. 1500/-
(normal), Rs. 2400/- (urgent); Multiple Entry for half
year – Rs. 2000/- (normal), Rs. 2900 (urgent);
Multiple Entry for one year – Rs. 3000/- (normal),
Rs. 3900 (urgent). Though there is provision for urgent
visa delivery service, it is permitted only to certain
special cases.
Check http://www.chinaembassy.org.in/eng/lssw/hzqz/t61662.htm
for visa fee.
INCORPORATING A COMPANY IN CHINA:
To set up a company in China, the foreign investor
can decide from the following corporate structures –
1. Representative Office (RO): Representative
Office is an office of a foreign enterprise established
in China for undertaking business liaison work, market
surveys for internal purposes, technology exchanges
and support local distributors / sales teams on behalf
of its parent company. Company applying for setting
up RO has to be minimum 1 year old. RO is not a separate
legal entity hence no minimum share capital is required.
It cannot carry out direct revenue earning business
activities, however, it attracts tax liability. RO can
hire local staff provided through the Foreign Enterprise
Service Corporation (FESCO) in China. A Chief Representative
is to be appointed.
Documents Required:
- Applicant’s Company: Certificate of Incorporation,
Members’ register, Director’s Register,
Latest filed return to Registrar of Companies, Latest
tax return filed to the Tax Department, Company profile
and purpose of setting up RO, Minutes of the Board
Meetings to set up RO, Minutes of the Board Meetings
to authorize Chief Representative, Bank Reference
Letter.
- Chief Representative: Copy of the passport, Photos,
Current Curriculum Vitae or Resume.
- Application Letter: Addressed to Foreign Economic
Relations & Trade Commission and Administrative
Council of Industry & Commerce .
2. Wholly Foreign Owned Enterprise (WFOE):
Wholly Foreign Owned Enterprise is a limited
liability company wholly owned by foreign investors.
It has legal entity status of its own. Initially, it
was conceived to encourage manufacturing activities
connected with export or advanced technology. However,
with China’s entry into the WTO, WFOE is increasingly
used for service providers and trading for certain cases.
The minimum authorized capital for a WFOE with nature
of trading is US$ 200, 000. While the board of directors
is responsible for corporate decision making of the
WFOE, a general manager is appointed for the day-to-day
management of its affairs.
Documents Required:
- 3 names in the order of preference
- Project Proposal (purpose, business scope, period,
investment amount, among others)
- Bank Statement of the Credit
- Certificate of Registration and Testimony
- Statement on the Products and Technologies
- Duplicate of Confirmation Letter of the 3 Applied
Company Names
- Report on Feasibility Study
- Memorandum & Articles of Association
- A Name list of the Board and Senior Executives
- List of Equipment to be Provided (if any)
- Passport or Residential Card of the Legal Person
- Lease Agreement or Purchasing Contract of Company
Premises
- Certificate of Property of the Lessor
- Authorization Documents for the Board and Senior
Executives
- Two Photos of Legal Person and Two Photos of Contact
Person
- Other Documents (relevant authorities may require
additional documents as per specific cases)
3. Joint Venture (JV): China recognizes
two forms of Joint Ventures namely Equity Joint Ventures
and Cooperative Joint Ventures.
- Equity Joint Venture (EJV): The Equity Joint Venture
is structured in the form of a limited liability company
wherein the foreign partner is expected to contribute
at least 25 % of the registered capital. However,
usually no upper limit is fixed on the foreign partner’s
contributions except where Chinese law requires the
Chinese partner to have a maximum ownership for certain
restricted industries.
In EJVs, the profit is shared in the ratio of capital
contributions made by the respective partners. The
partners to an equity joint venture have joint management
of the venture. They are responsible for appointing
the board members, and representation is in proportion
to each party’s respective ownership interest
in the venture.
Cooperative Joint Venture (CJV): Cooperative Joint
Ventures can be structured either as a limited liability
company or as a non-legal person, in which the partners
are subject to unlimited liability and thus entirely
liable for any losses the joint venture may incur.
However, most of the CJVs are formed as limited
liability companies where the CJV will own all of
the venture’s assets, but the liabilities
of the investors would be limited to their investment
contributions.
A CJV operating as a limited liability company is
required to appoint the board of directors or a
joint management committee, which will make all
major decisions and oversee the management of the
company. Unlike an equity joint venture, profit
sharing and representation on the board of directors
is not required to be proportionate to each party’s
contribution.
Presently, the legal system in China and the business
climate are changing in favour of Wholly Foreign Owned
Enterprises and the restructuring of joint ventures
into WFOEs, which is legally permitted. However, you
would be the best judge to choose the company structure
that fits into your criteria.
Latest News:
CHINA TO LIBERALIZE
VISA REGIME
Disclaimer:
Any information on this website should not be construed
as legal advice for any individual case or situation.
The information is intended to be general and should
not be relied upon as being specific.
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