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Chops Ahoy!

2008/05/25 by Michael Cole 2 Comments

Continuing our ongoing RightSite saga, we reached some big milestones last week and are ready for more action in the days to come.

The big event happened on Friday the 23rd, when we received our company chop and the official copies of our license documents. For those of you unfamiliar with paperwork in China (and paperwork is pretty important in China), the chop is the equivalent of a signature elsewhere in the world. This little chop that we received is our company chop, which is used for contracts and other official documents.

Once we are through with the tax department formalities, we will receive our finance chop. The finance chop, together with the personal chop of the executive director, are necessary for any financial documentation or procedures. Checks, bank transactions, anything like that needs a finance chop.

On a practical basis, now that we have our company chop we can sign an office lease in the name of the company and hire staff with legal employment contracts. So we are one step closer to being fully operational.

Looking at less bureaucratic matters, we failed to complete our functional requirements documents for the website last week. Ouch! Our developers in India are still struggling to put together the document for the MyRightSite pages that will tell us how external users can control their information on the site. It’s a pretty big document, so we can’t do much until that is ready. We should receive a draft of the document later today (yup, even on Sunday) and then hope to wrap up a final version by Wednesday.

Once we have our functional requirements documents completed, then we can actually start to build the site. Everything that we have done so far, whether it was the internal company work that started in December, or the work with our development vendor that started in the beginning of April, has all been some kind of planning. This week we actually start putting together the pages of code that will make RightSite work.

If everything goes well, then I should have a site to show you in about six weeks!

Have a happy week and see you again soon on Mingtiandi.com

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Filed Under: web development Tagged With: bureaucracy, entrepreneur, industrial property, internet, media, online, Real Estate, startup, WFOE, WOFE

Comments

  1. hunvreus says

    2008/05/26 at 5:56 am

    Sounds like you’re almost through the first round of paperwork and formalities. Hope the actual development will go smoothly, your “Did you finish my damn website already?” will finally find an answer…

  2. Ming says

    2008/05/26 at 12:16 pm

    Yeah! It’s starting to feel like an actual business around here. First the company gets done, and then the site should be wrapped up.

    Looking at a July 5 debut date for the alpha version of the site. Industrial property will never be the same!!!

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