Foreign exchange registration

english.shanghai.gov.cn

According to the Notice of the State Administration of Foreign Exchange on Further Simplifying and Improving the Policy for the Foreign Exchange Management of Foreign Direct Investment, newly established foreign-invested enterprises have the flexibility to choose a registered bank at their preferred location that meets the specified criteria to process basic information registration.

To initiate this process, they are required to submit the "Application Form for Basic Information Registration of Domestic Direct Investment" (《境内直接投资基本信息登记业务申请表》), along with documents such as the organizational code certificate, a copy of their business license, the certificate of approval for the establishment of a foreign-invested enterprise, or relevant approval documents from the competent authorities (excluding those not required to be submitted as stipulated).

Source: safe.gov.cn