Steps of establishing a foreign company in China

1.      Submitting your Chinese name for pre-registration (approved by SAIC) 2.      Register and obtain the Approval from the Ministry of Commerce (MOFCOM) 3.      Choose your Business Scope 4.      Sort out your documents to obtain the Chinese Government Approval 5.      Register with the Public Security Bureau (PSB) 6.      Register with the State Administration of Foreign Exchange (SAFE) 7.      Open your Company Basic Bank Account & Foreign Capital Account: Inject your capital 8.      Register at the Tax Bureau & Set-up your tax machine 9.      Hire an Accountant and a Cashier 10.  Draft the Staff Handbook for your Chinese staff