"Leasing" refers to the purchase option of rented commodities is exerted by the rentee in leasing business.
Leasing contact is a contact that the renter buys rented products from seller upon the rentee's choices of the seller and his (or her) rented commodities, provides the rented products for the rentee's use. The rentee shall pay rents for it. This transaction is combined by a sales contact and a renting contact. Either we look at any regulations of one contact of them, it is unfair. The renter's duty is mainly in the sales contact, while the rentee's duty is mainly in the leasing contract, and the seller's duty is mainly to the rentee. The third party' s right and duty separately and alternately in the 2 contracts. Either of them can exist alone---it is "My buy upon you renting, your renting is a must." 
Therefore, to a rentee, there're normally 9 steps to do a leasing. Some of these steps are not absolutely proceed in an order, but alternately. And there might big difference of simplify or complication among steps.

1.

handle & set up items

Items used in the fixed asset investment must be handled and set up, if it needs to be approved. In our country, setting up an item is the beginning of a project. The height of authorization usually shall be the base of the reliability and security of that item. Moreover, it is also one of those points the renter cares about.

2.

hand import approval

If there is electronic equipment needed to be imported in this project, import approval must be handled, whether it is used in leasing in the future. Our country has import approval formalities to electronic equipment. For those electronic products which are definitely needed to be imported, we shall send our credence to handle and obtain the import quota, import certificate, or any written approval from a superior.

3.

Guarantees settling

The fund circling needs a company's high reputation. While any company's reputation needs some kind of guarantees. When a company applies a leasing , the latter must need's the former to provide guarantees. Or if the tow parties reach an agreement in develop the leasing of the project, then handle the guarantees shall become the prerequisite which develops the leasing.

4.

Apply for the leasing

Only after the renter checks and agrees both the item and the guarantees, the rentee can turn an application for leasing to the renter, mean while, can discuss details in the leasing contact.

5.

Sign the leasing contract

Based on the contract provided by renter, the rentee shall check and make sure of the rented products, of the rents, of the renting deadline, and of the repay conditions, ect..

6.

Handle register of the foreign exchange loan

After signature of the leasing contract, the rentee shall do a certificate of register to the foreign exchange loan with transcription of the leasing contract and other documents of your local foreign exchange administrative bureau.

7.

Signature of the sales contract

Based on the rentee's needs(including request to the seller, to the products, to the products' technical condition, to the manufacturer, to the habitat, to the delivery time, to the price, to the technical service, etc, ...), the renter signs the sales contract. There might be several sales contracts. Renter shall sign on every contract, so that to make sure regulations of the whole contract and the bought products.

8.

Exert the 2 contracts

When exerting the leasing contract, main points are how to do the fund plan, and how to do the rents on time. When exerting the import contract, the main points are how to pay the handling charge on time; how to receiving products according to the requirements of the contract; if possible, how to do the container opening, inspection and compensation; how to responsible for the requirements of group organization, and to arrange foreign customers to China for technical service.

9.

Time for completing the contract. Return the surplus payment to complete to the rents. Then the contract indeed completed.

If the renter wants to maintain the equipment upon buying it, the renter shall open full set selling credence to the rentee after the rentee completes the rents of the equipments.

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