business in china news business in china after lockdown business in china for sale business in china vs us business in china culture business in china 2019 business in china article business in china during covid business in china and india business in china airline business in china do's and don'ts business opportunities in china and india business class in china airlines business china awards the business in china starting a business in china opening a business in china starting a business in china foreigner register a business in china expanding a business in china setting up a business in china types of business in china doing business in china book why do business in china benefits business loan china bank business class china bullet train business between china and india best business in china biggest business in china best business in china to do business in china cultural differences doing business in china cultural differences doing business in china challenges business china ceo business china career business china connect business class china airlines business etiquette in china do's and don'ts business creativity in china documentary business etiquette in china dress code business in china for dummies business china director d&g business in china business in china etiquette business in china essay small business in china entrepreneurship business class in china eastern airlines business schools in china english doing business in china etiquette doing business in china ey conducting business in china etiquette e-business in china pdf e commerce business in china e-business development in china e business visa china e-commerce in china a guide for australian business esports business in china business in china for foreigners doing business in china for dummies business universities in china for international students doing business in china for dummies pdf business opportunities in china for foreigners small business in china for foreigners f business visa china business in china guanxi business in china grove nc business in guangzhou china doing business in china guide doing business in china guanxi business etiquette in china greeting doing business in china gov.uk doing business in china government regulation bloomberg's business in china has grown doing business in china hsbc doing business in china han kun business visa china in hong kong business insider china harvesting business insider china harvesting organs business hours china business hub china business china internship business china ideas when doing business in china it is important to remember that business connect china inc business insider china travel business visa china invitation letter doing business in china joint venture doing business in china juris business china jobs business development china job business jet china japan business in china japanese business in china jade business in china doing business in china kpmg doing business in china kwm business opportunities in kunming china business ktv china kaabil business in china china business in kenya kfc business in china business in china leadership doing business in china legal issues doing business in china legal doing business in china law doing business in china law firm business china linkedin business license china business leaving china business in china manufacturers business opportunities in china market doing business in china mckinsey business china membership business visa china multiple entry business visa china malaysia business meeting china china businessman m business visa china business in china nairaland business in ningbo china best business in china now business china network group business opportunities in nanning china business negotiation china history of business in china list of business in china culture of business in china benefits of business in china risks of business in china school of business in china university of business in china doing business in china quotes doing business in china quiz doing business in china questions quotes about business in china u.s. companies doing business in china business in china usyd china vs us business doing business in china uk doing business in china uk gov china business with us business visa china uk business university china business ethics in china vs united states business culture in china vs us business practices in china vs us doing business in china vs us business etiquette in china vs us doing business in china vs india managing international business in china xiaowen tian doing business in china youtube business china youth chapter business china youth showdown business china youth forum business china youth forum 2019 business china youth doing business in china ernst and young sell your business in china zero business in china zero movie business in china business china 108 idea top 10 business in china top 100 business in china 10 best business in china top 10 small business in china 5 in 1 business license china 3 in 1 business license china business in china 2018 doing business in china 2019 doing business in china 2018 business opportunities in china 2018 business ethics in china 2018 business opportunities in china 2019 business environment in china 2018 bahubali 2 business in china top 50 business in china top 5 business cities in china 6 tips for doing business in china 6 challenges of doing business in china business air china 787 business air china 777 8 etiquette tips for doing business in china business visum china 90 tage
Company Regsitration in China
company registration in China www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. COMPANY REGISTRATION IN CHINA Going through the procedure of the Company registration in china, you will realize that it is not at all simple to incorporate a company in China. So before deciding to incorporate a company in China you need to consider the options, whether it is absolutely necessary to incorporate a company, or your project can be completed via an Umbrella company. Umbrella Company is an entity in China that works for and on behalf of any foreign entity or individual who wants to do some business in China. It manages employees and your work on your behalf. Usually it takes care of all your sales, marketing, import-export or any other kind of consultant needs. It takes care of recruitment, salaries, accounts etc. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. In order to start a business in China in a less expensive manner, to start it as an umbrella company is the best option. Once you set your business on its feet, you can certainly set up your own company. However, this arrangement will only work if the business you are starting is of service. If the business concerned is of any other nature, you got to start your own company in China or get into a joint venture. There are four major forms of business entity to register a business in China • Wholly Foreign Owned Enterprise • Foreign Invested Commercial Enterprise • Representative offices in China • Joint Venture Company registration in China www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Wholly Foreign Owned Enterprises (WFOEs) Wholly Foreign Owned Enterprises (WFOEs) are in the form of limited liability companies, established under Chinese Company Law. It is a kind of organization where complete shareholding is of foreign individuals or entities. Only International business enterprises or foreign individuals (Citizen) can be shareholders in a Wholly Foreign Owned Enterprise. Liability in a WFOEis up tothe amount of registered capital injected into the business. Although the capitalmay in fact be a combination of two assets, cash injection and equipment, the total value of these also represents the extent of the WFOE’s liability. The international investors wishing to manufacture, process, or assemble in China consider WFOEs the best investment vehicle. To establish a WFOE in China you don’t need a Chinese partner.No paid up capital is required for foreign investors to establish a Consulting, Trading or Information Technology business etc. in China. Also, there is no need of large amounts of registered capital to fund – Manufacture WFOEs. Minimum Registered Capital Requirement • Consulting WFOE RMB 100,000 • Trading WFOE RMB 500,000 • Manufacturer WFOE RMB 500,000 www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Foreign Invested Commercial Enterprise Foreign Invested Commercial Enterprises (FICEs) are the establishments for the purpose of retailing, wholesaling, franchising or trading businesses in China. The regulation for registering a Foreign Invested Commercial Enterprise are comparatively quicker and enlarge the playground available for the foreign investor to conduct trading activities. The minimum registered capital required Wholesale FICE RMB 500,000. Retail FICE RMB 300,000. Suggested registered capital Wholesale FICE > RMB 1,000,000 Retail FICE > RMB 1,000,000 www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Representative Offices in China Representative Offices are not allowed to be engaged in any business for profit, sign, contracts on behalf of the parent enterprise, receive revenue in China, issue official tax invoices, buy property or import production equipment. China Tax Information All expenses incurred by Representative Offices(including staff salary and rental) are taxable in China. Tax rate is approximately 10% of the total amount. Representative Offices need to submit a monthly report to the Tax Administration Department in China. Staff Recruitment Representative Offices are not allowed to recruit local staff in China by themselves. These offices need to turn to an HR agents appointed by China government for the purpose of recruitment. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Joint Ventures Company registration in china Joint Ventures in China are of two types • Equity Joint Ventures • Cooperative Joint Ventures Joint-Venture, usually is an arrangement where both the domestic entity and international entity work together. It is type of a company controlled by both foreign and Chinese partners. A Joint-Venture usually is created for the purpose transfer of technology. Given the very usual problems of infringement associated with intellectual property that plagues China, foreign companies who intend to make or sell high value products (such as a patented product or software), often prefer to opt for a WFOE. In case, that the international entity wishes to operate in a “restricted” industrial sector, a Joint-Venture is the only option. WFOE and Joint-Venture are very similar in nature. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. 1. China’s Labor Law, allows enterprises to decide for themselves the timing and means of recruiting staff as well as the relevant requirements and number. 2. If a company in China hires a foreign employee, the company needs to register this employee with the local social security authority within 30 days of the employee receiving their work permit. 3. China’s corporate tax rates range from15% to 25%. (The rate depends on the jurisdiction where the company is registered and the industry sector that a company is engaged in). All the enterprises in China are required to report to the Tax Administration Department monthly, quarterly and annually. 4. Any limited companies in China shall submit an annual audit report to the concerned authorities periodically or as may be prescribed. The annual audit cost is approximately RMB 6,000. If the Annual Audit Report is not submitted in a timely manner the company in default will be subject to a fine. 5. Profit repatriation is freely allowed by China Government. It allows Foreign Invested Enterprises to remit their profits out of the country and such remittances do not require any prior approval of the State Administration of Foreign Exchange (SAFE). However, dividends cannot be distributed and repatriated overseas if the losses of previous years have not been covered. 6. The Business duration for a manufacturing WFOE is typical of 15 to 30 years. This duration of WFOE can be extended by obtaining prior approval from the government. The projects in which the amount of investment is large, or the construction period is long and the return on investment is low, projects producing internationally competitive products, or the projects producing sophisticated products using advanced or key technology provided by the foreign partner, for the term of WFOE may be extended to 50 years. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. PROCESS OF COMPANY REGISTRATION IN CHINA To register a company in China, the applicant needs to submit an application for establishment registration to the relevant company registration authority in accordance with the Chinese Company law. If the application filed satisfies the establishment conditions provided for herein, the company registration authority shall register the proposed entity as either a limited liability company or a company limited by shares; if the field application does not satisfy the required conditions, the proposed entity shall not be registered as a limited liability company or a company limited by shares. Where laws or administrative regulations specify that the establishment of a company shall be subject to approval, the relevant approval formalities shall be gone through in accordance with the law prior to the registration of the company. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. The general public may apply to company registration authorities to inquire on company registration matters, and company registration authorities shall provide the inquiry services. Company registration authorities shall issue business licenses of companies to the companies established under the law. The date of issuance of the business license for a company shall be the date of establishment of the company. The business license of a company shall state therein such matters as the name, domicile, registered capital, business scope, and the name of the legal representative, etc. of the company. Where any of the matters stated in the business license of a company is changed, the company shall go through the formalities for change of registration in accordance with the law, and the relevant company registration authority shall issue new business license to replace the old one. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. SHANGHAI FREE TRADE ZONE COMPANY REGISTRATION www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. SHANGHAI FREE TRADE ZONE SFTZ and the other free trade zones may have unique policies in place that might be expanded outside the zones. Shanghai Free Trade Zone Company Formation is a negative list approach and faster company registration for foreign direct investment. The Zone Now the Shanghai Free Trade Zone covers 120 square kilometers and as of now is composed of seven bonded zones 1) Waigaoqiao Free Trade Zone. 2) Waigaoqiao Free Trade Logistics Park. 3) Yangshan Free Trade Port Area: deep-water port, the major component of Shanghai Port. 4) Pudong Airport Comprehensive Free Trade Zone. 5) Lujiazui Finance and Trade Development Zone: a financial services hub. 6) Jinqiao Economic and Technological Development Zone: an advanced manufacturer services area 7) Zhangjiang High-tech Industrial Development Zone: an area specializing in high-tech manufacturing and medical services. 100% Ownership Wholly Foreign Owned Enterprise may be capitalized by foreign investors and operated without the need for Chinese partners or employees. It will provide you with greater control over your business’s operations, revenue and profit targets. A WOFE is a favorable option for both individuals or overseas company that wants to enter the Chinese market. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Advantages of Shanghai Free Trade Zone • No Registered Capital needed • Virtual Address Provided • Fast Set-up • Fully Bonded Zone • No restriction Money Transfer • Best Zone for Export • VAT returned in 30 days • Registration takes only 20 days • Corporation China – Official Partner www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Encouraged Industry Fields • Shipping Industry • Financial Service • Biological Medicine • Medical Apparatus • Cosmetics • Commerce and Trade Service Industry • Professional Service Industry • Beverage & Liquor • Social Service Industry • Export Trading Industry • Media Industry • Automobile www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. Shanghai Free Trade Zone Registration We take care of the complete China Company Registration process • Full Legal setup procedures • Company name approval • Certificates of Incorporation • Company Stamps and Chops • Company Business scope Post-incorporation company setup • Company Bank Account • Tax & Accounting • Full Back office support • Register for Tax Invoice ( Fapioa Machine) • China Payroll Service • Applying for China work Visa www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. DOCUMENTATION TYPES SET UP AS AN SET UP AS A SET UP AS A INDIVIDUAL HONGKONG COMPANY COMPANY • A scan of your passport • Notarized copy of Passport of • A Passport Scan of the Director(s) Director and Company • A Personal Bank Reference Letter Registration Certificate • A Certificate of Company incorporation • Choose a name for the your China • Hong Kong Company Registration WFOE Certificate • A Company Bank Reference Letter – stating no bad record • Choose a location for the company • Hong Kong Company Bank in China Reference Letter • All Documents need to be notarized by the Chinese Embassy • The Hong Kong Company will then be the Holding Company for the WFOE We can set up a Hong Kong Company in about 5 days www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715. THANK YOU www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list for chat with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb 9971002715.
Comments