How to register a company in China? As a professional service agency, we can quickly handle it for you in any city in China and give you the best advice.
China is the world's largest industrial country. It is very convenient for you to set up a company and conduct business in China. Our business not only covers first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, but also second-tier cities such as Hangzhou, Changsha, Foshan, Dongguan, Zhongshan and Tianjin. You can choose to register a wholly foreign-owned enterprise, a representative office or a joint venture. We also provide a registered address and assist in opening a company bank account. WFOE is the abbreviation of Wholly Foreign Owned Enterprise, which is a limited liability company that is 100% foreign-owned (individual or company). WFOE is the most common form of business for foreign companies to enter China, and is able to earn operating profits, issue invoices to customers, and employ local and foreign employees in China.
For companies providing services in or from China.
A consulting WFOE is the simplest foreign-owned legal entity to set up and does not require additional licenses or certificates.
Applicable to industries such as marketing services, legal consulting, training, software, and financial services.
For companies importing into or exporting out of China.
Trading WFOE is a trading enterprise that has import and export licenses and other special product licenses.
Applicable to the import or export of daily necessities, industrial products, industrial machinery, food and other products.
For companies conducting manufacturing operations in China.
Manufacturing WFOE need to pass government factory safety and production environment reviews before they can manufacture or assemble products in China.
Applicable to finished products or accessories of daily necessities, semiconductors, and electronic products.
For companies conducting nonprofit activities.
Applicable to non-profit businesses such as market research, customer support, and academic research.
For companies with foreign and Chinese shareholders.
A joint venture (JV) is a company formed by foreign and Chinese shareholders. A JV is able to operate in China with more stringent restrictions and higher responsibilities.
Applicable to educational institutions, medical institutions, communications, energy mining, etc.
When doing business in China, there are certain restrictions and prohibitions that you need to be aware of.
1. Restricted industries Certain industries have restrictions or prohibitions on foreign investors. For example, China's telecommunications, education, Internet publishing and broadcasting sectors have specific restrictions on foreign investment. The "Negative List of Foreign Investment Access" regularly issued by the Chinese government details the industries that are open and restricted to foreign investors.
2. Equity restrictions In certain industries, foreign investors may be required to cooperate with local Chinese companies to form joint ventures. In some specific industries, there are also restrictions on the equity ratio of foreign investors.
3. Land use rights China's land is state-owned, and no investor can directly own land in China. Instead, they invest by purchasing land use rights. The acquisition and use of land use rights are also subject to certain legal provisions and restrictions.
4. Financial audit and reporting requirements Foreign companies' financial reports in China must comply with China's accounting standards and need to be subject to government audits and supervision like local Chinese companies.
We have more than 10 years of experience in providing one-stop financial and tax services to Fortune 500 multinational companies.
We can respond quickly to customer needs and provide personalized communication mechanisms for customers in different time zones.
Perfect risk management mechanism to timely identify risk items and provide the best solutions to customers.
As a local Chinese company, we have abundant resources to help you solve various problems.
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