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China Longyuan Power Group Corporation Limited (a joint stock limited company incorporated in the Peoples Republic of China with limited liability)ARTICLES OF ASSOCIATIONPassed at 2009 First EGM on
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Research the requirements for setting up a limited liability company (LLC) in China.
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Choose a suitable business name and ensure it meets local regulations.
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Determine the registered capital needed and the structure of ownership.
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Draft the Articles of Association for the company.
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Select a legal representative and ensure they meet the necessary criteria.
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Prepare the necessary documents, including identification and business plans.
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Submit the application to the local Administrative for Industry and Commerce (AIC).
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Obtain the business license from the AIC once approved.
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Open a bank account in China for the LLC.
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Register for tax with the State Administration of Taxation (SAT) and obtain a tax registration certificate.

Who needs china with limited liability?

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Entrepreneurs looking to start a business in China.
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China with limited liability refers to a type of business structure in China where the liability of the owners is limited to their investment in the company. This means that owners' personal assets are protected from the company's debts and liabilities.
Any business entity that operates as a limited liability company in China is required to file the necessary documentation with the relevant authorities. This typically includes companies that are registered as limited liability entities under Chinese law.
Filling out the documents for establishing a limited liability company in China typically involves completing forms that include information about the business name, registered address, business scope, capital investment, and details of the shareholders and directors. It is advisable to consult with a legal professional or a business consultant to ensure compliance.
The purpose of establishing a company with limited liability in China is to limit the financial risk taken on by the owners and shareholders. It allows for easier investment, protects personal assets, and fosters business growth and development.
The information that must be reported includes the company's name, registered address, business scope, total capital registered, details of shareholders and directors, and any changes in management or structural organization.
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