With thanks as always to Lee & Lee, as we received our import license today in just under 12 months from starting this whole process, I thought it would be a good reminder to list down the steps we have taken to get to the stage where we can import Morgan cars to China. A process which predicted 260 days took in the end some 360 days. If only these steps could take place concurrently, but they don't. No. Certificates In English Time Required (Working Days) 1 Name pre-approval 5-10 days 2 Approval from Commerce Bureau 60- 80 days 3 Approval Certificate 5-10 days 4 Temporary Business License 5-15 days 5 Public Security Bureau Filing Record and Stamps-making (5 chops) 5-10 days 6 Organization Code Certificate 1-3 days 7 Tax Registration Certificate 1-3 days 8 Foreign Exchange Registration Certificate(IC card) 15-20 days 9 Opening Bank Account (RMB basic account) 7-10 days 10 open capital account(after get SAFE approval) 10-15 days 11 capital injection depends on clients 12 capital verification 8-10 days 13 update business license depends on acutal situation 14 Finance Registration Certificate 1-3 days 15 Statistics Registration Certificate 1-3 days 16 Foreign Trade Dealer Registration Form 1-5 days 17 Self-inspection Unit Registration Certificate 5 days 18 Customs Registration Certificate and customs chop making 8 days 19 Electronic Port Application 10-15 days Our company is now listed with some 13 different bureaux in English and Chinese. Bank accounts are set up and facilities for international transactions established: Commerce Bureau Beijing Municipal Government Beijing Administration for Industry and Commerce Public Security Bureau Quality and Technical Supervisory Bureau Local and State Tax Bureau Bank of China State Administration for Foreign Exchange Finance Bureau Statistics Bureau Commerce Bureau Customs Bureau Quality Supervision and Quarantine Inspection Bureau Customs Bureau And after all that - now - to sell some cars!
