Get ahead of your competitors by hosting your business’s website within China!
In order to host within China you’ll need to obtaining an Internet Content Provider License (ICP). Hosting your website in China has many benefits such as improved SEO ranking, faster load times and better accessibility for Chinese citizens due to bypassing the Chinese internet firewall.
Applications for an ICP license can be a long and complex process but here at Incorp China we work around the clock with our expertise team to get your application through in no time.
Things to remember before applying for an ICP license
Before beginning the application process, you must understand the difference between an ICP Filing and an ICP license.
- ICP Filing (for non-commercial websites): Companies, including JVs (Joint Ventures), 100% foreign-owned entities, and 100% Chinese-owned companies, are eligible to make an ICP Filing. This is only for websites offering informational content, and for websites that do not intend to sell products or conduct business.
- ICP license (for commercial websites): In addition to Chinese-owned business entities with a Chinese business license, JVs with a foreign investment of less than 50% can apply for an ICP license. The purpose is to exclude foreign companies that do not have Chinese joint ownership.
Chinese nationals are eligible to apply for an individual ICP filing. However, non-Chinese individuals must be physically present in China for a sufficient period to satisfy the basic registration requirements. These individuals may also need to fulfill the following criteria:
- Have a Chinese landline or mobile phone number with an SMS facility
- In many cases, having an Alipay account that connects to a Chinese bank account. Depending on the province, there could be different rules, and MIIT may call the applicant to verify the reason for the ICP license application.
- Access to a person who can accept and send your mail
- Be fluent in Mandarin
If all documents are in order, the entire ICP license application process takes between 20 days to a month. However, if you wish to apply for the ICP Commercial license, the process usually takes 60-90 days.
#ICP #china #business #chinesebusiness
Profit Repatriation: How to Get Your Money Out of China
As China’s economy continues to grow, it appears to foreign companies as an increasingly attractive place to do business. China is the only major economy to have grown during 2020, a year remembered by many for the coronavirus pandemic and concomitant economic recession. But as foreign businesses invest in the China, a growing number of them are also looking for the most efficient way to bring their profits back home. r repatriating funds are different for individuals and companies, regarding both the preconditions one must meet and limits on the amount transferred. Here, we will can compare the regulations for companies and people: