1. Required Documents:

1.1 Notarial documents, business license of the parent company or copies of passport for individual investors.

1.2 original credit certificate of the foreign investor, it should be given by the bank where the investor has opened account.

1.3 The photocopies of ID card or passport of the legal representative of their parent company

1.4 The basic information of the authorized legal representative, including resume, photocopy of the passport and 2 pieces of passport size photos.

1.5 Proposed at least 5 company names.

1.6 Proposed the business scope.

1.7 Registered address, leasing contract, certificate of real estate. .

1.8 Shareholder Agreement

1.9 Articles of Association

Other document if necessary.

2. Cost (For WOFE with USD200k registered capital)

2.1 Government Fee

Approve Name 180 RMB

Approve Certificate 10 RMB

Business License 1333 RMB

Notice 4000 RMB

Enterprise Organization Code 148 RMB

Chapter Moment 500 RMB

Tax Registration 20 RMB

Custom Registration 120 RMB

Foreign Exchange Registration 300 RMB

Bank account IC card for USD 300 RMB

Bank account IC card for RMB 300 RMB

Financial Registration 80 RMB

Statistics Registration 20 RMB

Business License Change 160 RMB

Total: 7471 RMB

Notes: administration fee could be changed by government, actual cost should be paid base on the formal invoice which issued by Administration.

2.2 Translation Fee: 350 RMB per 1,000 Chinese characters

2.3 Registered Capital Verification 3,000RMB

2.4 Service Fee : 25,000 RMB

3. Timing

Accomplish all procedures: 3 months

By the way, we keep close relationship with Investment promotion Agencies in Wujiang, kunshan, Taichang, Changshu etc, which are quite close to Shanghai, and we may help locate the factory in one of these cities.