Nancheng Street Office Import and Export Company Truly Gets a License in 3 Days? Reality Check Proves Otherwise!

"Mr. Qi registered an import and export company in Nancheng Street last month, and it only took 72 hours from submitting materials to getting the license!" Recently, such rumors have been circulating among entrepreneurs. But what is the truth? Today, we will reveal the complete process and cost list for establishing an import and export company in Nancheng Street, helping you avoid those "hidden traps."

I. "Hidden Threshold" Before Registration

Many people think they can start as long as they have the funds, but this is not the case. Nancheng Street has 3 strict requirements for import and export companies:

• Business Premises: Commercial property ownership certificates or rental registration must be provided. Residential addresses require a change of nature first.
• Business Scope: Must clearly indicate "import and export of goods" and specific categories (e.g., chemicals, food, etc.).
• Foreign Exchange Account: The opening bank must have cross-border settlement qualifications. It is recommended to confirm in advance.

II. Step-by-Step Breakdown of the Process

The entire process can be divided into 5 key stages, with the fastest taking 12 working days (not the rumored 3 days):

• Name Approval Stage (1 day): Submit 3 alternative names through the Market Supervision Bureau system.
• License Application (3-5 days): Requires submission of ID cards of legal representatives, company articles of association, and other materials.
• Customs Filing (2 days): Application for the China E-port IC card is crucial.
• Foreign Exchange Registration (1 day): Foreign Exchange Administration grants permission for income and expenditure.
• Tax Registration (1 day): Export tax rebate qualifications need to be applied for separately.

III. Open Disclosure of the Cost List

Mr. Qi actual expenditure details from last year are worth referencing:

• Basic Fees (approx. 5800 yuan): Agency registration fee 3000 yuan + Seal engraving 800 yuan + Bank account opening 2000 yuan.
• Specialized Fees (starting from 12,000 yuan): E-port equipment 4800 yuan + Foreign exchange management system 3200 yuan + Inspection and quarantine filing 4000 yuan.
• Hidden Costs: Address hosting fee (Nancheng Street average 800 yuan/month), Import-export rights agency fee (6000-10,000 yuan).

IV. These Pitfalls Will Be Encountered by 90% of People

According to Zhong Maoda's handling cases, we remind you to pay special attention to:

• Do not easily believe "guaranteed success" promises; annual customs audits still require the enterprise's own cooperation.
• Export tax rebate qualifications need to be applied for separately and are not automatically granted.
• Cross-border e-commerce requires an additional ICP license.

V. How Much Money Can Be Saved by Acting Now?

Nancheng Street currently offers 3 subsidies for small and micro enterprises:

• First-year import and export volume exceeding 500,000 yuan can apply for a 5,000 yuan reward.
• 30% reduction in E-port fees (until December of this year).
• Full exemption of agency fees for Certificates of Origin under Free Trade Agreements.

After reading this guide, have you gained new insights into startup costs? Feel free to share your application experiences in the comment section, or send a private message to get the latest version of the material list template. In the next issue, we will detail "How to achieve zero tax rebate risk in the first year of an import and export company."