China

Starting a Business in

Chengdu - China

Below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order to incorporate and register a new firm, along with their associated time and set-up costs. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

The information appearing on this page was collected as part of the Doing Business subnational project in China. Download this Doing Business report or explore other cities and topics.

No. Procedure Time to Complete Associated Costs
1 Obtain notice of Pre-Approval of the Company Name


1 day RMB 30.00
2 Open a preliminary bank account, deposit funds in the account and obtain the certificate of deposit


1 day No cost
3 Obtain examination report on funds from an auditing firm


2 days RMB 60.00
4 Obtain registration certification "Business License of Enterprise Legal Person" from local Administration of Industry and Commerce (AIC)


2 days RMB 167.72 (Registration fee: 0.08% of registered capital; copy of Business License: RMB10)
5 Obtain approval from the police department to make a company seal and make a company seal


1 day RMB 600.00
6 Obtain the Organization Code Certificate issued by the Quality and Technology Supervision Bureau


5 days RMB 108.00
7 Register for national tax


1 day RMB 10.00
8 Register for local tax


1 day RMB 10.00
9 Open a bank account for the company and transfer registered capital to the account


10 days RMB 50.00
10 Apply for the authorization to print or purchase financial invoices


10 days No cost
11 Purchase invoices


1 day RMB 40.00 (RMB0.7-1.1 per set of invoices)
* 12 File for recruitment registration with local Career Service Center


1 day (simultaneous with procedure 10) No cost
* 13 Register with Social Welfare Insurance Center


1 day (simultaneous with procedure 10) No cost
* Takes place simultaneously with another procedure.
Subnational Data

Data snapshots