China's economy is growing fast. A businessman who will gladly take the opportunity to do business with this country is sure to go a long way. Once you have established your presence in China you will be able to do business with any other country in the world. If you want to start an importing business, you should get acquainted with the country's business and investing rules.

-As an initial step, you need to know where their offices on Foreign Trade and Economic Cooperation are situated. There are offices at the provincial, municipal and country level and you need to know where they are located or how they may be contacted. This specific office can help you in all the aspects of doing business in their country. Since the main intent of this specific agency is to be able to bring as many foreign investors as they can in their region.

-Submit a Preliminary Report to the Foreign Trade and Economic Cooperation Department's national office. An authorized person in that agency will tell you what documents are needed. Before consulting with the authorized person, you must be able to explain your business, its background, its nature, the utilities, and the public facilities that you will need because they will surely ask for these things from you.

-Once your report is approved, you need to file a Formal Document where you will have to include the identity of your foreign lawyer, credit reports, registration and other reports that you obtained from other government agencies. It is important that you are represented by a good lawyer at this stage so that all the legal concerns regarding your business will be ironed out.

-File a Certificate on Application for Approval. Along with this you must also attach a feasibility study on your business, your business' articles of incorporation and its list of board of directors.

-When you have received the approval certificate, it is important that you register your business. You have thirty days counting from the receipt of the approval certificate to register your business. It is also important that you immediately open a bank account and pay your taxes, among other requirements that you need to accomplish.

Once you have accomplished all these, you will see that doing business in China is not as difficult as it seems. Just make sure that you do not skip any of these stages. It is easy to establish a business but once you bend the rules, you will already have a bad record and it may be difficult for you to apply for another business again.

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