China Holding Company

China Holding Company is an organization (parent company) that owns other companies’ major shareholdings. These companies are known as subsidiaries. The Board of Directors of the holding company has the authority to control or influence over the subsidiaries.

 

Application Criteria

The parent company must possess total assets not less USD 400 million one year before application and paid up capital of minimum USD 30 million for a holding company. It must have strong financial backup and good credit standing. In addition, it must also have set up at least 10 enterprises or 3 investment projects.

 

Procedures

Qualification audit → Application submission → Confirmation of Ministry of Foreign Trade & Economic → Documentation preparation → Examination & Approval

 

Qualification audit

An audit that carry on by the local lawyer the foreign investor whether obtain the criteria to set up a holding company. Due to independent provincial law, therefore, the foreign investor must verify the exact place.

 

Application submission

After auditing, a details report of the parent company and its foreign investment companies in China to be submitted to the Ministry of Foreign Trade & Economic for verification and approval.

 

Documentation preparation

Once the Ministry of Foreign Trade & Economic has approved, the local lawyer shall prepare the documents such as investment proposal, feasibility study report, contract, M&A, photocopies of certificate of approval, business license and inspection report by registered accountant, the balance sheet for last three years and other relevant documents.

 

Examination & Approval

The foreign investor shall submit all the prepared documents by the local lawyer and state the exact province, autonomous, region and territory to the Ministry of Foreign Trade & Economic and Ministry of Commerce for examination and approval. Meanwhile,

 

We have more services than the above mentioned such as China Feasibility Study Report, China Due Diligence Report and China Legal Advisory, etc.

 

We will be glad to share with you more information. Please do not hesitate to contact TANNET at 603 2141-8908 or email to mytannet@gmail.com should require any assistance.

 

Advantages of China Holding Company