Beijing Company Registration
How to expand your business to BeijingĀ by setting up Wholly Foreign Owned Enterprise
WFOE
Wholly Foreign-Owned Enterprise
The Ultimate guide to Beijing Company Registration in 2022
Why register a Company in Beijing
Beijing is located on the western coast of the Pacific Ocean and at the central section of the north-south coastline of China. Facing the opportunities and challenges of the 21st century, Beijing has set its long-term strategic objectives for social and economic development. By 2010, Tianjin is planning to become one of the world’s international economic, financial, and trade centers.
Setting up a company in Beijing is a good choice for companies in computer software, IT, microelectronics and components, video and audio products, electromechanical integration, and critical projects in light industry and energy. Meanwhile, in Beijing, newer industries such as pharmaceuticals, medical equipment, and biotechnology are also on the rise.
There are 4 company type’s
of WFOE’s
Start your Beijing Wholly Foreign-Owned Enterprise Today!
Beijing Business Environment
Business Environment Beijing’s dramatic development comes from its diverse economic base. Major industry networks include communications, electronics and the information industry, biomedicine, auto manufacturing, petroleum, sophisticated chemical and steel manufacturing, complete-set equipment manufacturing, finance, insurance, real estate, household electrical appliances, etc. Beijing is the largest consumer market among all mainland cities, supported by the rising income level and massive inflow of tourists. Also considered China’s most prominent financial center with over 1,430 financial institutions, including banks, insurance companies, and securities companies, of which 230 were foreign-invested.
- No Real Office Needed
- No Registered Capital Required
- No Need to Visit China
- Set-up in 30 working days
- EXCLUSIVE TO CORPORATION CHINA
Beijing Wholly Foreign Owned Enterprise (WFOE)
A Beijing Trading Import ā Export Company, abbreviated Trading WFOE, is a commonly used investment vehicle for mainland Beijing-based businesses. It is used for businesses such as wholesale and retail. Unlike the other three types of WFOEs, an Import and Export License is crucial to establish a Trading WFOE, and Trading WFOE is one of four types of WFOEs allowed in Beijing.Ā
Corporation China is the leading company registration firm in China. We offer Beijing Company Registration and help you establish a Wholly Foreign Owned Enterprise in Beijing, and we can also provide the registered address in Beijing.
Beijing Wholly Foreign Owned Enterprise
Beijing is a good choice for companies in computer software, IT, microelectronics and components, video and audio products, electromechanical integration, and critical projects in light industry and energy. Meanwhile, in Beijing, newer industries such as pharmaceuticals, medical equipment, and biotechnology are also on the rise.
The unique characteristic of a WFOE is that the entity is 100% owned, capitalized, and operated by foreign investors without the help of a local partner. A WFOE ensures you to managed and control your business operations and revenue targets. Moreover, it allows you to conduct business in Beijing on your own without needing a Chinese partner. A WFOE is a good choice for an overseas company that wants to incorporate into mainland Beijing permanently.
Four typical Beijing company’s
Setting up a Company Beijing
Operation Structure
When setting up a company in Beijing, there are numerous things to consider, so it is rather necessary to get appropriate legal help. Corporation China has developed unparalleled expertise in this area and can provide you with everything necessary to set up your consulting company. In addition, corporation China offers first-class solutions to the following requirements.
- Corporation China is theĀ LargestĀ Foreign Direct investment firm in the Asia Pacific. [wikipedia]
Location: Beijing
In China, prospective clients and business partners will often ask you the location of your company. Hence, a good location is a basic asset. At Corporation China, we offer excellent solutions for this through our Virtual Office System China Presence⢠or our China Virtual Entity⢠system.
- Our closest office is never far away, with offices inĀ 44 locations across China and 4 in Beijing.
Beijing Bank Account
Ā
Due to existing restrictions on abroad money transfers in China, your mainland-based clients will only be able to pay you within China. Therefore, a bank account where local companies can transfer Chinese RMBs is necessary.Ā
- Corporation China canĀ Ā GuaranteeĀ a Bank Account for all our clients.
Corporation China offers turnkey solution
We prepare well everything you need to start your company quickly, so you can concentrate on DOING BUSINESS!
Tax Invoice
Chinese companies put much trust in the government and the Chinese legal system. Hence, they will likely inquire whether your company’s registered country is China or not. This is a method for them to construct the legitimacy of your business and to guarantee that you are able to provide them with a tax invoice locally, which is referred to as aĀ Fapiao.
China Trademark
The Chinese trademark registration system develops on a first-come, first-serve basis. Hence, it is essential to register your brand’s local trademark and logo as early as possible. Possessing an international trademark is not helpful as a foreign trademark is not enforced in China.
Marketing
It would be best to consider localizing your marketing by using colors and slogans that suit Chinese consumers and give them an impression. Having a Chinese slogan will also help Chinese customers remember and well understand your brand’s strength and appeal. Above all, Corporation China, in partnership with Brand Asia, offers proven solutions to help you tailor your marketing plan to the Chinese market.
Why start your Business in Beijing?
Being the capital of China, Beijing is the nation’s political, economic, and cultural center. It is located in north China, close to Tianjin, and is partially surrounded by Hebei Province. Additionally, it serves as the most important transportation hub and port of entry in China.
As one of the six most ancient cities in China, Beijing has been the heart and soul of politics throughout its long history. Hence there is an unparalleled wealth of discoveries to delight and intrigue travelers as they explore the city’s splendid past and excellent modern development. At present days, Beijing has become one of the most popular travel destinations all over the world, with about 140 million native tourists and 4.4 million international visitors in a year.
An Introduction to Beijing
We offer Beijing Company Registration and help you establish a Wholly Foreign Owned Enterprise in Beijing, and we can also provide the registered address in Beijing.
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