Increase of capital

Name of the service: Increase of capital

Duration: 40-50 days

GMG Service Fee: 50% online prepayment required $ 1 250 USD. Full price is $2 500 USD.

Gold Millennium CO, Ltd., in conformity to the regulations of the People's Republic of China, will provide the following services to Client:

-        Re-Drafts of the company articles of association including the new registered capital.

-        Draft the new Feasibility study Report to increase the register capital of the WFOE company.

-        Advisory and coordination to get all the needed documents to obtain the new company licenses.

-        Preparation of all the documents needed to sign for the boards of directors to increase the registered capital in the WFOE.

-        Preparation of all the documents needed to present to the government organisms.

-        Application to the State Administration for Foreign Exchange (SAFE) to obtain the required licenses.

-        Update of the WFOE Certificate of Approval.

-        Application to obtain the new business license with the new increase of capital.

-        Assistance with the Injection of capital from the Parent Company.

Payment details

50% of this amount (equivalent of $1 250 USD) is due upon beginning of the work and should be paid online to start registration process.  When GMG receive your payment we will provide you both Invoice and Service Agreement with future list of documents needed.

Last 50% of total sum you’ll pay when services will be completed.

Gold Millennium Co, Ltd. Consulting Fees will include Government Fees, costs, travelling fees, the fees related with the official documents and any other additional fees required in this service.

Confidentiality clause

Any information obtained during the provision of services will be treated strictly confidential and will only be used on a need-to-know basis by our staff. We will not divulge or disclose any such information at any time to any non-designated parties or use any such information other than for the provision of the above services.

Termination

Future Agreement can be terminated upon mutual consultation, and each Party shall have the right to terminate this Agreement with fifteen (15) days prior written notice to the other Party.

Gold Millennium CO, Ltd.