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China Notarization
 

New Rules of China Co. Set Up:
According to news released from Beijing, there is a new regulation that affects foreign investors greatly from May 2006 in China. When you are using your offshore company to set up a factory, company or Reps., all documents of that foreign company must be notarized by local Notary Public, Foreign Affairs and China Embassy. You must be aware of the extension of the days for setting up your company in China may be delayed 1 to 6 months that depends on following factors.

Locations of Offshore Company:
There is a big difference that depends on where the foreign companies are registered. Such as offshore companies in Belize & Panama, due to their diplomatic relationships with Taiwan, then there is no China embassy based in Belize & Panama. Although you have Belize IBC documents are notarized by China embassy based in USA or Mexico, the documents may be denied or to be postponed for months because of too few cases that they had been taking before. So when you decide to make an investment in China, make sure that your foreign (offshore) company is based in a nation where there’s China embassy. You’d better choose a Brunei offshore company where there’s a China embassy which will make your notarization much easier.

Registered Agents Of Offshore Company:
Some small management agents (offshore co. agents) based in Taiwan or Bangkok need to ask the middle agents in HK or Singapore, then the middle agents will seek help from final registered agents in Brunei. BVI or Cayman Plus they don’t know what documents should be notarized, and this is going to take you much longer time than you think, which might be 2-6 months to be finished. It means that your investment (factory/company/Representative office.) in China will be postponed for 2-6 months. Usually, the final registered agents do not have a physical office in London, and they have to ask for help from a law firm or CPA in London. Then the process will take I month just to request a quotation The documents of offshore company for BVI & Cayman should go through 3 steps of notarization. First is to be notarized by Notary Public in BVI & Cayman. Second is through Foreign Department of UK in London, and the final step is notarized by China Embassy in London. These 3 steps are seldom to be aware of in this business field by other agents, how are they going to give you a price quotation or timing?

Sets of Notarization:
Some cities demand more than just one set of notarization. Make sure of the numbers with local authorities before your investment. If you have some other investment plans in the near future in China, you may apply 2 or 3 copies of embassy notarization to be back-up at the same time. Usually, you can get a discount for the 2 copy.
We have direct offices in Brunei, HK, Singapore, UK, USA, BVI, and Malaysia etc....., and also has been experiencing over thousands of notarization. We are much aware of all the procedures about every step of notarization all over the world, in which we might be the No.1 in this field.

All the information and data above is only for reference, for further information, please feel free to contact us.

 
From:Tannet Group Editor:cindy Time:2009-1-19
 

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