China Foreign Company Formation Wholly Owned
Let, discuss in detail about China foreign Registration of a company wholly owned by foreign partners:
- Lowest share worth is (local) nil, overseas owner, remits as direct investment policy but RMB 100,000 and above is encouraged, provided that not more than two years remit sum shall have to be confirmed;
- Approval office of investment promotion grant to the applicants of fresh incorporation;
- Ensure institution Name and a place to start operating;
- Personal detail of the promoters, overseas, cannot skip to disclose the authority;
- Corporate tax 15 to 25 (fifteen to twenty five) per cent that applicable for corporate and liaison office;
- Trade ministry, permission authority to formation a fresh organization;
- Overseas owner can hold any percent of share in terms of Jointly Venturing;
- Minimum 25% capital contribution by overseas owners in China Foreign Registration of a company Wholly Owned;
- Off-shore entity consider tax competence;
Registration of a company in China
- Considering tax on overseas enterprises is the place of setup Off-shore company in China foreign Registration of a company Wholly Owned;
- WFOE enterprise are free to import and export goods of them what are necessary;
- Minimum capital to begins are different upon area to area in China foreign Registration of a company or formation;
- How to register a company in China as foreign investor and process of them step by step;
Branch Office open in China
- Representative office is very limited and you cannot use it to do any business in China, only for contact. The other two types are available to do trade business;
- Ensure company Name , Address, MOA, Papers notary, Trade authorization, VAT (Value added tax) and other permission is required to doing foreign trading;
- Business and investor’s description;
- Information of authorized & paid up capital;
- There are different approval papers (converted as Chinese language ) of the mother corporation with attested by embassy;
- Meeting decision from sponsors;
- Power given a human who shall proceed taking liabilities in favor of mother organization;
- About more two months (8 weeks ) might needful to complete Registration process;
- Documents those shall be enclosed needful to convert into Chinese language;
S & F CONSULTING FIRM LIMITED
Contact us: [email protected]
Shanghai, Beijing, Shenzhen- China
