Beijing Planning Commission-applying for approval

1. Written opinion on the project in the context of city planning
   provided by Beijing Capital Planning Committee
2. Land use agreement authenticated by the company planning to undertake the project.
3. Data on the project location's facilities provided by the bureau of power supply and Beijing Commerce Committee.
4. Letter of intent signed by the Chinese and the foreign party (the Center can assist in drafting the letter)
5. Project proposal (the Center can assist in drafting the proposal)
   Project's feasibility study report (including the company's background, market analysis, economic study and forecast etc.)
6. The legal document sanctioning the operation of the foreign and Chinese parties issued by the proper authorities of the country or the region in which the enterprises operate (a copy of the document shall be submitted). Private investors shall provide identity documents. The Chinese party is obliged to provide the copy of the business license with a stamp of the authority, which has issued it.
7. Bank reference for the investor provided by the bank of the country or region in which the investor operates. Reference letter shall, among other information, state clearly the reputation of the flexing capitals of the investor after the opening of the account. The bank reference shall be signed by the person in charge or business manager of the bank. The Chinese party shall submit the funds credibility document issued by its higher financial authorities or letter of reference provided by its bank. If the Chinese company is a limited liability company it shall also submit the original of the same year assets certificate issued by a certified public accountants' firm.
   

Beijing Municipal Foreign Economic and Trade Commission - Approval certificate

1. Contract establishing the foreign invested enterprise and its articles of association (the Center can assist in drafting the documents)
2. The originals of the credentials of the foreign members of the board of directors signed by the investor company chairman of the board of directors or the general manager
3. The resumes (including the education and the professional experience) and identity documents of members of the board of directors. In addition, the personnel of foreign nationality shall submit the copies of passports, the compatriots from Hong Kong SAR and Macao SAR shall submit the copies of returning home certificate.
4. The copy of the lease agreement for the company's office. Leasing period for the office shall be at least one year.

Beijing Municipal Industry and Commerce Bureau-Business License

All the above-mentioned documents shall be provided.

Fees:
The fee is 0.3 % of the total investment. The Center will be responsible for handling all approval formalities involved. The procedures for obtaining the business license last for two to three months.

Other procedures

After receiving the business license the foreign invested real estate enterprise shall undergo the following procedures (the cost of each of the procedures is 850 RMB not including the fees collected by the government authorities concerned).

1. Apply to the Public Security Bureau for the official chops (legal representative chop, enterprise chop, chop for use in financial matters, contract chop, chop for use in contacts with customs office, etc.)
2. Register for the code certificate in the Technological Supervision Bureau
3. Register in the foreign exchange administration bureau.
4. Open an account in the bank
5. Register in the State Taxation Bureau
6. Register in the local Taxation Bureau
7. Register in Statistical Bureau
8. Verification of the enterprise's capital (there is a separate fee for that service)
9. Register in customs authorities
10. Register in Financial Bureau
11. Register in local Industry and Commerce Bureau
12. Register in local Labor Bureau
    

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