Published by ChinaMNC · Keerqinzuoyihou
Registering a company in China: documents, steps and timeline for Keerqinzuoyihou, Inner Mongolia
A practical guide for founders on the documents, steps, and timeline to register a company in Keerqinzuoyihou, Inner Mongolia, China. Learn about the required paperwork, the registration process, and what to expect.
Why Keerqinzuoyihou?
Keerqinzuoyihou (Horqin Left Rear Banner) is located in Tongliao City, Inner Mongolia Autonomous Region. It may not be the first place that comes to mind for foreign investment, but it offers a lower-cost environment and local government incentives for certain industries. If you are considering setting up a company here, this article outlines the documents, steps, and timeline you need to plan for.
Before You Start: Key Considerations
Foreign founders should be aware of a few foundational points before beginning the registration process.
Business Scope and Negative List
China maintains a Negative List for foreign investment. Industries not on the list are generally open, but some require special permits. Check the latest version of the Negative List and confirm that your planned business scope is permitted in Inner Mongolia. Local authorities may also have additional guidance for specific sectors.
Registered Capital
Most companies now use a subscribed capital system, meaning you commit to a capital amount and pay it within a period stated in the company charter (typically up to 30 years). However, certain industries (e.g., banking, education) have minimum capital requirements. Consult a local advisor to confirm your industry's rules.
Legal Representative
You must appoint a legal representative, who can be a foreigner or a Chinese national. This person has legal responsibilities and must be registered with the authorities.
Required Documents
The exact document list can vary by company type (e.g., wholly foreign-owned enterprise, joint venture) and business scope. The following are commonly required for a wholly foreign-owned enterprise (WFOE) in Keerqinzuoyihou.
Investor Documents
- Foreign investor's registration certificate (if the investor is a company) or passport (if an individual), notarized and legalized/apostilled in the home country.
- Bank credit reference letter from the investor's bank, usually issued within the last 3–6 months.
- Articles of Association (draft) signed by the investor.
- Power of Attorney if someone else signs on behalf of the investor.
Company Documents
- Name pre-approval notice from the local market supervision administration.
- Lease agreement for the registered office address in Keerqinzuoyihou, plus the landlord's property certificate.
- Appointment documents for the legal representative, directors, supervisors, and general manager, with copies of their ID/passports.
- Foreign investment information report (filed through the enterprise registration system).
- Commitment letter on the authenticity of documents (standard form).
All foreign-language documents must be translated into Chinese by a recognized translation agency and stamped.
Step-by-Step Registration Process
Step 1: Name Pre-Approval
Submit 3–5 proposed Chinese company names to the Keerqinzuoyihou Market Supervision Administration (or via the online system). The name must follow format: city + trade name + industry + company type. Approval typically takes 1–3 working days.
Step 2: Prepare and Notarize Documents
While the name is being approved, prepare the investor documents. Notarization and legalization/apostille in the home country can take 1–4 weeks, so start early. Some countries have simplified procedures under the Apostille Convention.
Step 3: Submit Registration Application
File the complete application package with the Keerqinzuoyihou Market Supervision Administration. This can be done online via the Inner Mongolia Government Service Network or in person. The authority will review the documents and may request clarifications. Statutory processing time is typically 3–7 working days if all documents are in order.
Step 4: Obtain Business License
Once approved, you receive the business license (电子营业执照 or paper version). The license contains the unified social credit code, which is needed for all subsequent steps.
Step 5: Carve Seals
Order the company seals: official seal, financial seal, legal representative seal, invoice seal, and contract seal. Seals must be registered with the public security bureau. This usually takes 1–2 working days.
Step 6: Open Bank Account
Open a basic deposit account at a bank in Keerqinzuoyihou. Banks have varying requirements for foreign-invested enterprises; some may ask for additional documents. The process can take 1–2 weeks, including due diligence.
Step 7: Tax and Customs Registration
Register with the local tax authority (now often combined with the business license) and, if applicable, with customs for import/export activities. You will also need to apply for invoices (fapiao) if you will issue them.
Step 8: Foreign Exchange Registration
Register with the State Administration of Foreign Exchange (SAFE) or its local branch to enable capital account transactions. This is often done through the bank.
Timeline Overview
The total timeline depends on document readiness and government processing. Below is a typical estimate.
- Name pre-approval: 1–3 working days
- Document notarization/legalization: 1–4 weeks (varies by country)
- Business license application: 3–7 working days
- Seal carving: 1–2 working days
- Bank account opening: 1–2 weeks
- Tax/customs/forex registration: 1–2 weeks
In total, plan for 4–8 weeks from the start of document preparation to a fully operational company, assuming no major delays.
Local Considerations for Keerqinzuoyihou
As a banner (county-level division) in Inner Mongolia, Keerqinzuoyihou may have fewer specialized service providers than major cities. It is advisable to engage a local registered agent or consulting firm familiar with the area. The local government has been promoting investment in agriculture, livestock processing, and renewable energy, but policies can change, so verify current incentives with the local commerce bureau.
Disclaimer
This article provides general information and does not constitute legal, tax, or investment advice. Regulations and procedures are subject to change. Always consult with qualified professionals and the relevant Chinese authorities before making decisions.