Registering a foreign company in China is complex as it involves approval from multiple local authorities and bureaus. Our extensive network of local government bureaus contacts, knowledge of local regulations and experience with hundreds of projects already executed can help you accelerate your entry and growth in China,ShangHai, BeiJing, HangZhou.\nVisit here for more about- http://www.tommyconsulting.com/CorporateFormation.html
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Brief Introduction to Shanghai,Guideline To Register Company Set Up Business
Corporate Formation Company Registration In Shanghai China
Brief Introduction to Shanghai
Shanghai has a great pro as it is located in the middle of north-south coastal line,
with convenient transport system, vast land resources, and advantageous geographic
location. It is located in front of the Yangtze River, close to the East China Sea
in the east, face the Hangzhou bay in the south, connect with Jiangsu and Zhejiang
province in the west, and close to the mouth of Yangzi River in the north. Located
in the heart of the Delta Yangtze River, Shanghai has the world’s busiest container
Shanghai has great investment environment, which is seen by many businessmen and
enterprises as: ever-increasing efficiency of government, construction of social
honest, solid social security system, place of increasing international cooperation,
good legal system, high information level, large group of talent in different fields,
language advantage, balanced industry mix, complete adequate and systematic service,
Shanghai is the largest city by population in the People’s Republic of China. It
is a major financial center in China and one of the most significant trade and finance
centers in the world. It is one of China’s old industrial bases which thanks to
reforms which took place for over past 20 years have been injected with new vitality.
The city is also home to powerful Stock Exchange, the Shanghai Stock Exchange has
been ranked third among worldwide stock exchanges in terms of trading volume and
sixth in terms of the total capitalization of listed companies, and the trading
volume of six key commodities. The importance of this metropolis is consistently
increasing. Currently Shanghai is being ranked alongside with New York, Tokyo and
London. Furthermore, Shanghai is one of the most prosperous cities in the world.
Its cosmopolitan character, sophisticated and wealthy consumers, and highly
educated skilled labor force make it highly attractive to overseas investors.
For more information about Shanghai, please visit
Guideline To Register Business In Shanghai,Offer Complete Range Of Company Set
Up Corporate Formation Business Registration Services Shanghai China
Shanghai Business Formation also can be understood as: Shanghai company setup,
Shanghai corporate formation, Shanghai business setup, Shanghai company
registration, Shanghai business establishment and Shanghai business registration.
To facilitate people who want to invest and register company in Shanghai, here is
an introduction of Types of business presence in China:
Before starting up a business in China, you have to know what are the options. Foreign
Investors generally establish a business presence in China in one of five modes:
Wholly Foreign Owned Enterprise (WFOE); Representative Office; Foreign Invested
Partnership Enterprises (FIPE); Joint Venture and Hong Kong Holding Company.
Wholly Foreign Owned Enterprise (WFOE) is a Limited liability company wholly owned
by the foreign investor. It can generate income, pay tax in China and it's profit
could be repatriate back to investor's home country. Any enterprise in China which
is 100 percent owned by a foreign company or companies can be called as WFOE. No.
minimum registered capital is required for WFOEs with scope of business of
consulting, Trading, retailing, information technology etc. in China. There are
minimum registered capital still required for some industries for instance: Banking,
Forwarding etc Since China still maintains foreign currency control policy, it's
still advisable to choose registered capital within RMB 100,000 ~ RMB 500,000 as
the minimum registered capital. Companies can now determine how much capital will
be required to maintain their operations and must simply ensure that they meet those
targets within a period of 10 years.
Representative Office (RO) is a Liaison Office of it's parent company. It requires
no registered capital. It's activities would be: product or service promotion,
market research of it's parent company's business, Quality Control liaison office
etc in China. RO generally is prohibited to generate any revenue nor generating
contracts with local businesses in China.
Joint Venture (JV) is a Limited liability company formed between Chinese investor
and Foreign investor. The parties agree to create a entity by both contributing
equity, and they then share in the revenues, expenses, and control of the enterprise.
JV usually been used by foreign investor to engage the so called restricted in areas
such like: Education, Mining, Hospital etc.
Since March 1, 2010: Measures of Establishment of Foreign Invested Partnership
Enterprises (FIPE) in China is taking effect. The regulation, which take effect
since March 1, 2010, are known as the Administrative Measures for the Establishment
of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's
no required minimum registered capital for a Foreign Invested Partnership
Enterprise (FIPE) in Shanghai, Beijing, Shanghai, Hangzhou and rest cities of China
Hong Kong Company usually been used as a Special Purpose vehicle (SPV) to invest
Mainland China. Hong Kong is one of the quickest locations to Incorporate a business.
Although a HK company is not a legal entity in Mainland China (Mainland China and
Hong Kong, See Wiki 1 country, 2 systems), lots foreign investors, especially
investors from Europe and North America still chose to setting up a Hong Kong company
as SPV to invest China.
After China's entry to WTO, most industries in China welcome foreign investment,
WFOE setting up in China becomes the first option of foreign investment's entity
structures instead of Rep. Office setting up in China At the mean time, for tax
purpose, effective licensing system etc more and more investors use Hong Kong as
the holding company to invest China mainland, using this offshore company to hold
their operations in China.
Business set-up in Shanghai is a big project by itself, which requires financial
and time commitments, business management knowledge and China expertise.
Identifying a competent agent to manage the complex process will be a cost and time
effective way to avoid potential pitfalls
Since 2006, Tommy China Business Consulting has been focusing on consulting
services for our clients to invest in Shanghai. We are specialized in establishment
of wholly foreign owned enterprises (WFOEs), setting up of offshore companies,
trading services, tax minimization Assist in obtaining government approvals and
certificates for running business, negotiate and draft various legal documents
provide legal advice, negotiate government officer for Land acquisition
Advising on formation of WOFE and business structures ,managing and controlling
WOFE in China drafting privacy policies and structuring commercial transactions
TCBC will manage all aspects of incorporation to get you a business license in
Shanghai China. We offer a range of company formation services including helping
you to set up:
-Wholly Foreign Owned Enterprises (WFOE )
-Joint Ventures (Equity/Co-operative)
- Foreign Invested Partnership Enterprises (FIPE)
- Hong Kong Holding Company
Email: email@example.com, Skype: tomleeli
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