The process of starting a business

Legal analysis: The process of establishing a new company is:

1. Approved name. Determine the address, draft the company name, determine the shareholders and provide a copy of the ID card;

2. Bank investment and capital verification. Provide the original and photocopy of the shareholder's ID card, the shareholder's seal, the copy of the company name approval notice and other materials;

3. Shareholders remit their capital stock to the newly opened temporary bank account through the account name;

4. After remittance, notify the accounting firm to go to the bank and issue a confirmation letter to the bank;

5. The accounting firm shall issue a capital verification report;

6. After obtaining the capital verification report, go to the industrial and commercial branch to apply for a business license.

Legal basis: People's Republic of China (PRC) Company Law.

Article 6 To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies and joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.

Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.

Article 7 A company established according to law shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company. The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters. Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.