You don’t need to submit a capital verification report when submitting it to the Industrial and Commercial Bureau. You can apply for a temporary license. Generally, the first payment is transferred from overseas into the company’s capital account according to the time specified in the company’s articles of association. At this time A "capital verification report" will be issued, and the remaining balance will be deposited into the company's capital account within the deadline specified in the articles of association. You can also transfer the investment funds from abroad to the company's capital account at once, so that a "capital verification report" is enough.

The establishment of a company is approved by the foreign exchange management department. The contents of the approval are the same as the company's articles of association (the time when the registered capital is in place). Once approved, it is not necessary to submit a "capital verification report" because it is responsible for the capital. Set up time regulations and permissions in place.