China Foreign-Invested Commercial Enterprise Registration
CHINA Foreign-Invested Commercial Enterprise
How to expand your business to China by setting up Foreign-Invested Commercial Enterprise
No Real Office Needed
No Registered Capital Required
No Need to Visit China
Set-up in 30 working days
EXCLUSIVE TO CORPORATION CHINA
Welcome to China
Joyce Li
MISS UNIVERSE
What can a FICE Company be used for?
A China Foreign-Invested Commercial Enterprise is a foreign company, which does not concentrate on production in China but on import and export. A FICE is a Wholly Owned by Foreign Enterprise (WOFE) with import and export rights. Like a WOFE, a FICE could be completely financed by a foreign investment and a Chinese partner is not required
100% Owned by Foreign Investors
Protects Intellectual Property& Trademark
Consulting Company
The Chinese market is vast and is still in expansion. For that reason many companies rely on consulting firms to help them efficiently operate in the Chinese market.
Trading Import & Export
China is the world’s Factory and Import and Export is one the largest markets. Import goods to China to sell directly in the Chinese Market or Export products Worldwide. Corporation China will establish a trading company with a Import Export License in 30 working days.
Food & Beverage
The Food and Beverage (F&B) industry is growing rapidly in China. During the past decade the industry has grown at a rate of 30%. As a result of the increasing demand for new products and services, foreign entrepreneurs fell encouraged to enter the Chinese market.
Manufacturing Factory
A China Manufacturing Company can be used for expanding your sourcing platform and keeping direct control of logistics for selling products overseas./span>
China Foreign-Invested Commercial Enterprise
100% OWNED
30 WORKING DAYS
NO REGISTERED CAPITAL
China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise’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. China Foreign-Invested Commercial Enterprise is the largest consumer market among all mainland cities, supported by the rising income level and a massive inflow of tourists. Also considered China’s most significant financial center with over 1,430 financial institutions, including banks, insurance companies, and securities companies, of which 230 were foreign-invested.
China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise
Corporation China is the leading company registration firm in China. We offer China Foreign-Invested Commercial Enterprise and help you establish a Wholly Foreign Owned Enterprise in China Foreign-Invested Commercial Enterprise, and we can also provide the registered address in China Foreign-Invested Commercial Enterprise.
China Foreign-Invested Commercial Enterprise is an excellent choice for companies that are in computer software, IT, microelectronics and components, video and audio products, electromechanical integration, and critical projects of light industry and energy. Meanwhile, newer industries such as pharmaceuticals, medical equipment, biotechnology are also on the rise in China Foreign-Invested Commercial Enterprise
Wholly Foreign Owned Enterprise in China Foreign-Invested Commercial Enterprise
A China Foreign-Invested Commercial Enterprise Trading Import – Export Company, abbreviated Trading WFOE, is a commonly used investment vehicle for mainland China Foreign-Invested Commercial Enterprise-based businesses. It is designed for enterprises dealing with wholesale and retail. Unlike other types of WFOEs, an Import and Export License is necessary to establish a Trading WFOE. A trading WFOE is one of four kinds of WFOEs allowed in China Foreign-Invested Commercial Enterprise.
The unique feature 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 allows you to maintain greater control over your business operations, and revenue targets. In addition, it allows you to conduct business in China Foreign-Invested Commercial Enterprise on your own without the need for a local partner. A WFOE is a favorable choice for an overseas company that wants to permanently incorporate into mainland China Foreign-Invested Commercial Enterprise.
China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise CONSULTING COMPANY
Establishing a Company in?China Foreign-Invested Commercial Enterprise for consulting can be used for the following :
Consulting Business Services
Restaurant Management
Overseas Investment Consulting
Great & Flexible Start-Up
- Web design and development in?China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise Company set up
China Foreign-Invested Commercial Enterprise TRADING COMPANY?Registration
Establishing a Company in?China Foreign-Invested Commercial Enterprise for Trading can be used for the following :
Importing and Exporting
Purchasing Products for Export
Selling in China Local Market
Claiming VAT Tax Back
Company Registration in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise FOOD & BEVERAGE COMPANY ESTABLISHMENT
- China Foreign-Invested Commercial Enterprise Coffee Shop or Restaurant
- China Foreign-Invested Commercial Enterprise Food Import & Export
- Wine or Alcohol Import & Export
- China Foreign-Invested Commercial Enterprise Local Food sales
China Foreign-Invested Commercial Enterprise for a?MANUFACTURING COMPANY
- Set up a Factory in China Foreign-Invested Commercial Enterprise
- Manufacture products for export
- Assemble products in China Foreign-Invested Commercial Enterprise
- China Foreign-Invested Commercial Enterprise Engineering Factory setup
China Foreign-Invested Commercial Enterprise REPRESENTATIVE OFFICE?Registration
China Foreign-Invested Commercial Enterprise of a?REPRESENTATIVE OFFICE can be used for :
- Oversea Company Representation
- China Market Research
- Technology Exchanges
- Quality Control Audits
Everything you need to easily start your company in China Foreign-Invested Commercial Enterprise
- Easy and Fast Set Up
- No Need for Registered Capital
- Registered Address Solutions
- WFOE or RO options
- China Foreign-Invested Commercial Enterprise Free Trade Zone
China Foreign-Invested Commercial Enterprise USES :
- Consulting Business Services
- China Foreign-Invested Commercial Enterprise Trading Import & Export?Registration
- China Foreign-Invested Commercial Enterprise ManufacturingCompany Registration
- Bringing your Brand to China
China Foreign-Invested Commercial Enterprise ADVANTAGES:
A Low Capital Requirement
Total Management Control within PRC
Total Management Control within PRC
Issue ” Fapiao” Tax Invoices
China Foreign-Invested Commercial Enterprise BENEFITS:
All types of Consulting Businesses
Holding Company for F&B Company
Does not require real office
No Capital Needed
China Foreign-Invested Commercial Enterprise in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise
We take care of the complete China Company Registration process Learn more.
Full Legal setup procedures
Company name approval
Certificates of Incorporation
Company Stamps and Chops
Company Business scope
Post-incorporation company setup
China Foreign-Invested Commercial Enterprise Company Bank Account
China Foreign-Invested Commercial Enterprise Tax & Accounting
Full Back office support in?China Foreign-Invested Commercial Enterprise
Register for Tax Invoice ( Fapioa Machine)
China Foreign-Invested Commercial Enterprise Payroll Service
Applying for China work Visa in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise Registered Address
Corporation China is the ONLY company that can supply a China Foreign-Invested Commercial Enterprise WFOE Registered address that will be the PERMANENT Legal address of your company.
Permanent Legal Company Address in China Foreign-Invested Commercial Enterprise
A company can operate from any location(s) in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise Corporate Bank Account
Guaranteed Bank account
Online banking
Startup Legal & Marketing
China Trademark Registration in?China Foreign-Invested Commercial Enterprise
Registration of Official WECHAT account in?China Foreign-Invested Commercial Enterprise
Everything you need to start your company the right way easily.
China Foreign-Invested Commercial Enterprise China Foreign-Invested Commercial Enterprise
We take care of the complete China Company Registration process Learn more.
Full Legal setup procedures
Company name approval
Certificates of Incorporation
Company Stamps and Chops
Company Business scope
Post-incorporation company setup
Company China Foreign-Invested Commercial Enterprise Bank Account
Tax & Accounting
Full Back office support
Register for Tax Invoice ( Fapioa Machine)
China Payroll Service
Applying for China work Visa in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise Registered Address
Corporation China is the ONLY company that can supply a China Foreign-Invested Commercial Enterprise WFOE Registered address that will be the PERMANENT Legal address of your company.
Permanent Legal Company Address in China Foreign-Invested Commercial Enterprise
The company can operate from any location(s) in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise Corporate Bank Account, Guaranteed Bank account and?Online banking
Startup Legal & Marketing
China Trademark Registration
Registration of Official WECHAT account
Web design and development in China Foreign-Invested Commercial Enterprise
WHAT NEEDED TO START IN China Foreign-Invested Commercial Enterprise
DOCUMENTS REQUIRED :
Individual investor:
The copy of the Company Directors Passports.
2 x Passports Copies that are notarized by the local authority and endorsed by the Chinese Embassy in your country
Overseas Company:
2x Certificate of Incorporations, Articles of Formation. All document certified by Chinese embassy or Chinese consulate overseas
2x Bank Reference Letters from the investor’s bank. The original bank reference of the Directors (issued by the bank)
Passport copy of (a) Parent company’s director (b) China company’s Legal Representative and (c) China company’s supervisor
The China Legal Representative provide 6 photos (2 inches size on white background) and a brief resume CV (from the age of 18) (passport copy for foreigner and ID card copy for Chinese)
Registered capital; Business Scope; 3 proposed Chinese names of China Foreign-Invested Commercial Enterprise – Registered Address
2x copies of the property ownership certificate of the registered address
2x copies of the original lease contract and invoice of the registered address (If you using our Registered Address-This will be supplied by us More info)
Other documents that support your application, like a business plan, scope of work – in Chinese
China Foreign-Invested Commercial Enterprise REGISTERED ADDRESS
Corporation China can provide an address to register your company in China Foreign-Invested Commercial Enterprise. Corporation China will provide a China Foreign-Invested Commercial Enterprise registered address which will be the legal address of your company. A registered address is needed to register your company in China Foreign-Invested Commercial Enterprise.
We Provide:
Registered office address in China Foreign-Invested Commercial Enterprise
Contract Length: 1 to 2 years (renewable)
One month notice required for contract termination.
China Foreign-Invested Commercial Enterprise Property layout and other documents.
Leasing/Rental contract of the China Foreign-Invested Commercial Enterprise office with tax certificate.
Quick and easy set up 2 – 3 days.
TURNKEY SOLUTIONS FOR BUSINESS IN China Foreign-Invested Commercial Enterprise
Our Turnkey solution starts with first analyzing your business scope and operation and then strategizing the best legal and marketing path forward
Registering your Company
We take of the complete registration China Foreign-Invested Commercial Enterprise is simple, the limited-liability type company is called a Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE. It is a commonly used investment vehicle for mainland China-based businesses.
Corporation China can supply a registered address? for your China Foreign-Invested Commercial Enterprise process that will be the legal address of your company. A registered address is required to register your company in China.
China Foreign-Invested Commercial Enterprise Company? Bank Account
Opening a Chinese Bank Account is a post-licensing service of ours. Corporation China has the knowledge to assist your company during the Bank Account Opening Process. To open a Bank Account, you must be present at the bank, but you will be accompanied by an assistant helping with translation and ensuring that the process is done correctly.
GO TO MARKET STRATEGY
Qualitative Research
ConsumerView brings Chinese consumers together to gather profound insights into various segments of the consumer’s across China. An understanding of sentiments, engagement, current trends, and opinions toward products and services. ConsumerView is the starting point in understanding the target Chinese Consumer for our clients.
ChinaPulse collects valuable insights from a sample source of 150,000 online Chinese consumers which is then segmented across Tier’s 1, 2 & 3 cities with full offline access to Tiers 4 & 5 if needed. The sampling frame for ChinaPulse was developed in 2013 in conjunction with the National Bureau of Statistics. WeChat Marketing, WeChat is the fastest growing app in China with currently over 600 million users. WeChat Marketing is a must for brands in China In Partnership with
Superior research-based consulting using the best talent, technology, and world-class solutions
Legal Services in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise?Legal Services
Our experienced PRC lawyers in China could provide you with the following China legal services in China foreign investment: Corporate Finance Corporate restructuring and reorganization of PRC companies to list on overseas stock exchange markets, legal diligence and issuance of relevant PRC legal opinions. China Merger and Acquisition Mergers and acquisitions by and between enterprises with China foreign investments, companies listed in China and overseas, and domestic companies, spin-offs, and other restructuring transactions, venture capital transactions. China Foreign Investment Initial investment planning and due diligence, establishment of foreign-invested enterprises in China Foreign-Invested Commercial Enterprise, Beijing, China Foreign-Invested Commercial Enterprise, and other cities in China, operations support service to foreign-invested enterprises, restructuring and liquidation, registrations and filings with government authorities, setting up of Hong Kong and offshore companies as investors of foreign-invested enterprises, etc. China Intellectual Property Prosecution and litigation for inventions, utility models, and design patents, trademarks, trade names, copyright, computer software; unfair competition, trade secrets, technology transfers, licensing, franchising, China intellectual property enforcement and anti-counterfeiting, due diligence on China intellectual property rights. Banking and Finance Foreign exchange control, loans, foreign debt registration, preparation of legal documentation and related matters. China Dispute Resolution Background searches and asset preservation actions, civil and criminal proceedings, including assessment of claims and development of strategy, trial and appeal, arbitration, mediation and other alternative dispute resolution proceedings, enforcement of court judgments and orders.
China Foreign-Invested Commercial Enterprise HR & Payroll
China Foreign-Invested Commercial Enterprise? HR & Recruitment
This is the most commonly outsourced HR function and involves monthly payroll processing as well as the calculation of monthly employer and employees? Social benefits contributions to the relevant Chinese authorities
HR Administration & Consulting Services
China Foreign-Invested Commercial Enterprise employment environment is complicated due to the need to integrate national laws and local policies
China Foreign-Invested Commercial Enterprise Tax & accounting
ACCOUNTING SERVICES in China Foreign-Invested Commercial Enterprise
Corporation China we help run your company, take charge of all your accounting needs, tax filling and do all the correspondence with the government and relevant bureaus regarding your company. Corporation China will assign a TOTAL SUPPORT? Account Manager to your Company as a single point of contact, thus enabling you to build a good relationship and help us understand your business
Strategy and taking care of all the back office work, so that you can concentrate on DOING BUSINESS!
Types Of WOFE’s
China Foreign-Invested Commercial Enterprise Consulting or Service WFOFE.
China Foreign-Invested Commercial Enterprise Manufacture or Factory type WOFE
China Foreign-Invested Commercial Enterprise Trading WOFE – Wholesale, Retail or Franchise in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise FICE (Foreign-Invested Commercial Enterprise) FICE Registration
China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise China Foreign-Invested Commercial Enterprise (WOFE) incorporation
A Wholly foreign-owned enterprise (WFOE) could be a company established in China Foreign-Invested Commercial Enterprise in line with Chinese laws and wholly closely-held by one or a lot of foreign investors. A WFOE could be a financial obligation company, which means that the liability of the shareholders is restricted to the assets they delivered to the business. not like the easier representative workplace setup that is subject to a variety of limitations, a WFOE will create profits and issue native invoices in RMB to its customers, that is crucial as invoices ar the premise for getting tax deductions in China Foreign-Invested Commercial Enterprise
China Foreign-Invested Commercial Enterprise (WOFE) China Foreign-Invested Commercial Enterprise incorporation
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China Foreign-Invested Commercial Enterprise
Establishing a Wholly Foreign Owned Enterprise does not require a large overhead investment.
- A WOFE can be incorporated to conduct general business activities in China
- It gives foreign investor complete control of the day to day business and decision-making without any compulsory involvement from a Chinese partner.
- It can engage in any business activities, issue invoices to clients, receive RMBs, convert profits into foreign currency, and repatriate them.
- It is the most effective way of protecting trademark technical information and trade secrets.
- It provides complete authority regarding the hiring of staff, and does not require you to hire Chinese staff.
- A Wholly Foreign Owned Enterprise requires either one director of foreign nationality or a holding company located in Hong Kong to act as an investor.
Company types
CONSULTING COMPANY
- Consulting Business Services
- Restaurant Management
- Overseas Investment Consulting
- Great & Flexible Start Up
]
TRADING COMPANY
- Importing and Exporting
- Purchasing Products for Export
- Selling in China Local Market
- Claiming VAT Tax Back
SEND ME MORE INFO
China Foreign-Invested Commercial Enterprise
FOOD & BEVERAGE COMPANY
- Coffee Shop or Restaurant
- Food Import & Export
- Wine or Alcohol Import & Export
- China Local Food sales
SEND ME MORE INFO
China Foreign-Invested Commercial Enterprise
HONG KONG COMPANY
- Best to hold your China WFOE
- Offshore Company
- Offshore Bank Account
- TAX FREE
China Foreign-Invested Commercial Enterprise
MANUFACTURING COMPANY
- Set up a Factory
- Manufacture products for export
- Assemble products
- Engineering Factory
SEND ME MORE INFO
REPRESENTATIVE OFFICE
- Oversea Company Representation
- China Market Research
- Technology Exchanges
- Quality Control Audits
SEND ME MORE INFO
WOFE USES
- Consulting Business Services
- Trading Import & Export
- Manufacturing
- Bringing your Brand to China
ADVANTAGES
- A Low Capital Requirement
- Total Management Control within PRC
- Remit profits to the Parent Company
- Issue ” Fapiao” Tax Invoices
BENEFITS
- All types of Consulting Businesses
- Holding Company for F&B Company
- Does not require real office
- No Capital Needed
Choose a location
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Everything you need to easily start your company the right way.
China Foreign-Invested Commercial Enterprise (WOFE)
We take care of the complete China Company Registration process Learn more
- 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
Company Registered Address
Corporation China is the ONLY company that can supply a China WFOE Registered address that will be the PERMANENT Legal address of your company.
- Permanent Legal Company Address
- Company can operate from any location(s)
China Corporate Bank Account
- Guaranteed Bank account
- Online banking
Startup Legal & Marketing
- China Trademark Registration
- Registration of Official WECHAT account
China Foreign-Invested Commercial Enterprise (WOFE)
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
Company Registered Address
Corporation China is the ONLY company that can supply a China WFOE Registered address that will be the PERMANENT Legal address of your company.
- Permanent Legal Company Address
- Company can operate from any location(s)
China Corporate Bank Account
- Guaranteed Bank account
- Online banking
Startup Legal & Marketing
- China Trademark Registration
- Registration of Official WECHAT account
WHAT NEEDED TO START
SET UP AS AN INDIVIDUAL
- A scan of your passport
- A Personal Bank Reference Letter
- Choose a name for the your China WFOE
- Choose a location for the company in China
SETTING UP AS A HONG KONG COMPANY(RECOMENDED)
- Notarized copy of Passport of Director and Company Registration Certificate
- Hong Kong Company Registration Certificate
- Hong Kong Company Bank Reference Letter
- 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
SET UP AS AN COMPANY
- China Consulting Company Registration
- A Passport Scan of the Director(s)
- A Certificate of Company incorporation
- A Company Bank Reference Letter – stating no bad record
- All Documents need to be notarized by the Chinese Embassy.
- This way is good for a Representative Office, but a Hong Kong Holding company is more suitable WFOE
REGISTERED OFFICE ADDRESS
Learn more
REGISTERED OFFICE ADDRESS
Corporation China can provide a address to register your company in China Corporation China will provide a registered address which will be the legal address of your company. A registered address is needed to register your company in China.
We Provide:
- Registered office address
- Contract Length: 1 to 2 years (renewable)
- One month notice required for contract termination.
- Property layout and other documents.
- Leasing/Rental contract of office with tax certificate.
- Quick and easy set up 2 – 3 days
OUR TURNKEY SOLUTIONS
Learn more
TURNKEY SOLUTIONS FOR BUSINESS IN CHINA
Our Turnkey solution starts with first analyzing your business scope and operation and then strategizing the best legal and marketing path forward
Registering your Company
We take of the complete registration Registration of a China Consulting Company is simple, the limited-liability type company is called a Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE.It is a commonly used investment vehicle for mainland China-based businesses.
Registered Address
Corporation China can supply a registered address that will be the legal address of your company. A registered address is required to register your company in China.
Bank Account
Chinese Bank Account
GO TO MARKET STRATEGY
GO TO MARKET STRATEGY
Qualitative Research
Superior research based consulting using the best talent, technology and world-class solutions
Legal Services
China Legal Services
Our experienced PRC lawyers in China could provide you with the following China legal services in China foreign investment: Corporate Finance Corporate restructuring and reorganization of PRC companies for the purposes of listing on overseas stock exchange markets, legal diligence and issuance of relevant PRC legal opinions. China Merger and Acquisition Mergers and acquisitions by and between enterprises with China foreign investments, companies listed in China and overseas, and domestic companies, spin-offs and other restructuring transactions, venture capital transactions, etc. China Foreign Investment Initial investment planning and due diligence, establishment of foreign invested enterprises in Shenzhen, Beijing, Shanghai, and other cities in China, operations support service to foreign invested enterprises, restructuring and liquidation, registrations and filings with government authorities, setting up of Hong Kong and offshore companies as investors of foreign invested enterprises, etc. China Intellectual Property Prosecution and litigation for inventions, utility models, and design patents, trademarks, trade names, copyright, computer software; unfair competition, trade secrets, technology transfers, licensing, franchising, China intellectual property enforcement and anti-counterfeiting, due diligence on China intellectual property rights. Banking and Finance Foreign exchange control, loans, foreign debt registration, preparation of legal documentation and related matters. China Dispute Resolution Background searches and asset preservation actions, civil and criminal proceedings, including assessment of claims and development of strategy, trial and appeal, arbitration, mediation and other alternative dispute resolution proceedings, enforcement of court judgments and orders.
HR & Payroll
China HR & Recruitment
This is the most commonly outsourced HR function and involves monthly payroll processing as well as the calculation of monthly employer and employees? Social benefits contributions to the relevant Chinese authorities
HR Administration & Consulting Services
China’s employment environment is complex due to the need to integrate national laws and local policies
YINGKE HR
Tax & accounting
ACCOUNTING SERVICES Corporation China we help run your company, take charge of all you accounting needs , tax filling and do all the correspondence with the government and relevant bureaus regarding your company Corporation China will assign a TOTAL SUPPORT™ Account Manager to your Company as a single point of contact , thus enabling you to build a good relationship and help us understand your business
Strategy and taking care of all the back office work , so that you can concentrate on DOING BUSINESS!
Basically the starting fees and Government License fees, Let us know what you intend setting up and we can send you a detailed proposal
How Fast will the set up take?Most companies in China quote 3-9 months, BUT Corporation China can normally set it up in under 6 weeks (and we know what the next question will be)
Why can Corporation China set up the Company so fast?” Its a Chinese word called ” Guanxi.” we have been doing this for a long time and know the law backwards
How much is the Registered CapitalNO REGISTERED CAPITAL NEEDED With Corporation China (and only with us) we can arrange a Registered Capital that does not need to be paid up , this means you can choose any Registered Capital , but you never have to inject it , unless you want to
What is the fastest way to get set up : The fastest way is setting up a Hong Kong company, as all the documents are already in Chinese and Hong Kong is also a Tax Free zone so all profit can be sent from your China Company to its Holding Hong Kong company, saving of taxes. You can download our WHY HONG KONG PDF here>
“How to choose a Chinese company name (as I don’t speak Chinese)? Corporation China can assist your company with that , its can be a “sounds like the English name” ( as in the case of Mcdonalds where it goes by the Chinese name of 麦当劳 Màidāngláo) or a good meaning Chinese company name , but at the end of the day most companies still use their English name for marketing and logos.
Do I need to go to China to get started? No, we can set 99% up by email, You will need to come to open the bank account once the company has been set up only if you are the Legal Person of the company.
“Can Corporation China povide a Virtule type office and China Telephone number ?” Yes , we have many offices in China and we can provide you a Virtual Address to put on your business card and a telephone number answered in your company name or diverted to anywhere in the world. More info “If I contact Corporation China, can you understand me? ” At Corporation China we privileged to have staff from all over the world working in our China Offices, here is a few the languages we speak : English, Italian, Swedish, Finnish, Dutch, French, Spanish, German, Portuguese, Afrikaans, Japanese, Shanghainese, Cantonese and of course Mandarin and some Chinglish (Chinese English).
“Why use Corporation China? ” The main reason is we are also foreigner’s , we also have a WFOE so over the past 12 years or so , opening many companies from Banks to restaurants we have a wealth of experience and we really understand what you need to get running quickly and economically.
“Where are your offices located? ” Corporation China has branches in Beijing , Shanghai , Guangzhou , Shenzhen , Xiamen , Hong Kong and overseas branch offices in London , Singapore , Switzerland ,Lisbon, Cape Town ,Dubai and Miami USA See our Contact us
China Foreign-Invested Commercial Enterprise (WOFE) China incorporation – Shanghai, Beijing, Shenzhen , Guangzhou
Types Of WOFE’s- Consulting or Service WFOFE.
- Manufacture or Factory type WOFE
- Trading WOFE – Wholesale, Retail or Franchise in China
- FICE (Foreign-Invested Commercial Enterprise) FICE Registration
– Business Scope The Business of China Foreign-Invested Commercial Enterprise Scope is narrowly outlined and understood for all businesses in China; a WFOE could solely wrongfully conduct business at intervals the business scope that seems on its business license. In the application documents, the business scope is written as a listing of business activities that the China Foreign-Invested Commercial Enterprise can conduct in China, and therefore the initial commercial activity can outline the general nature of the WFOE for classification functions. The classification can any outline the minimum needed capital, style of invoices, style of applicable taxes, etc. in concert example, for a previous WFOE registration, the company’s business scope was written as “retail of cosmetic merchandise, coaching on cosmetic merchandise, after-sales services.” the character of this WFOE was thus outlined by the Chinese authorities as a “retail-trading WFOE”, so the desired registered capital was RMB300,000, and it had been ready to receive the Value-Added-Tax invoices that area unit essential to a China Foreign-Invested Commercial Enterprise company in China. Because the scope of business is crucially vital within the WFOE business registration application, we have a tendency to perpetually confers with the suitable officers to make sure each|that each} commercial activity that’s listed on the registration application is AN approved commercial activity which every commercial activity is intended as broadly speaking as allowable in order that shoppers is a lot of versatile in what activities they’re allowed to conduct. {we will|we’ll|we area unit going to} not submit AN application till we have a tendency to are assured that the appliance data follows the pertinent rules and laws which it’ll permit our shoppers to attain the most edges of running their businesses in China. – Registered Capital and Total Investment Quota Registered Capital and Total Investment Quota area unit 2 vital sorts of capital that the Chinese officialdom can check to make sure that each area unit listed properly. The amounts for each sorts of capital can seem on the Approval Certificate and Business License. Registered Capital is that the quantity of funds that the Chinese government needs of foreign investors to contribute to their comes in China (e.g. WFOE`s). The Chinese government sets necessities for the minimum quantity of registered capital to start out a business. Registered Capital should be of AN quantity bigger than the minimum demand of the China Company Law (currently RMB100,000). The Registered Capital will solely come back from the foreign investors, ANd should be really paid into the corporate checking account then verified by an freelance certified accounting agency in China. the number of registered capital is augmented however official procedures are going to be needed. Registered Capital should be no but seventieth of the entire Investment Quota; but, the magnitude relation could also be shrunken once the number of Registered Capital exceeds US$ three million. The actual quantity of Registered Capital needed is subject to the ultimate approval of the approval authority. The Chinese officers have the correct to need a business to extend {the quantity|the quantity|the number} of Registered Capital if they reckon the minimum Registered Capital amount as deficient for the necessities of the startup business in line with the project description as written within the application documents. the ultimate quantity of Registered Capital needed is typically a results of negotiations with the suitable officers throughout the registration amount. Total Investment Quota is that the total quantity of funds which will be endowed within the WFOE throughout its entire planned amount of operation. the entire Investment Quota should be bigger than or capable the Registered Capital. in contrast to Registered Capital, that should be absolutely paid into the WFOE`s Chinese checking account before beginning business operations, the entire Investment Quota is that the total quantity of funds planned to be contributed to the project over its period of time and it doesn’t essentially need to be absolutely deposited within the bank. the surplus quantity of the entire Investment Quota over the Registered Capital will come back from sources aside from the foreign investors listed within the Articles of Association of the WFOE; for instance, it is borrowed from banks or different sources either within China or from overseas. This quantity is augmented however any extra amounts of Total Investment Capital should be approved by the relevant Chinese authorities. Summary Compared to registering a business in most Western countries, registering a business in China is difficult work full of work and functionary procedure. it’s much not possible to properly complete the registration method while not a certified agency. take care that the agency is qualified and therefore the agency has smart connections and relationships with the assorted native authorities, which they possess comprehensive data concerning the many vital aspects committed wrongfully and properly registering a WFOE.
China Foreign-Invested Commercial Enterprise (WOFE) China incorporation
Keywords: China Foreign-Invested Commercial Enterprise (WOFE) China incorporation
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Foreign-invested Commercial Enterprise (FICE)
The FICE is a Limited liability company set up for agency’s, Retail Business and Franchise business
Foreign-Invested Commercial Enterprise is a foreign company, which does not concentrate on production in China but on import and export. A FICE is a Wholly Owned by Foreign Enterprise (WOFE) with import and export rights. Like a WOFE, a FICE could be completely financed by a foreign investment and a Chinese partner is not required. Exceptions are products like books, sugar, salt, oil etc. For these products, a Joint Venture with a Chinese Partner is required. In general, a FICE has no rights for tax advantages and is being taxed like a Chinese invested company. This means tax planning at the pre-incorporation stage must be part of the investment structuring process.
The process to set up
The incorporation procedure of a FICE differs from the incorporation procedure of a WOFE because a FICE needs a pre-approval of Chinese import and export authorities.
The registration of a FICE Company takes about 30 working days to complete. Its use can vary among many different operations in China. For most cases, the ideal way to register your company is as a Limited-Liability type comForeign-investing invested Commercial Enterprise Also abbreviated as FICE, WOFE or foreign-invested enterprise (FIE). A WOFE is a commonly used investment vehicle for mainland China-based businesses.
Ownership
Foreign invested Commercial Enterprise (FICE) 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 FICE is a favorable option for both individuals or overseas company that wants to enter the Chinese market.
HOW CAN WE HELP ?
Our Turnkey solution starts with first analyzing your business scope and operation and then strategizing the best legal and marketing path forward
MAKE YOUR BUSINESS PLAN
Our team has helped to develop business plans for entrepreneurs, regional managers, and large multinational corporations. These studies are aimed at empowering our clients and providing them with a clear outline on how to run a robust business plan in China.
OPEN A BANK ACCOUNT
Our team has helped to develop business plans for entrepreneurs, regional managers, and large multinational corporations. These studies are aimed at empowering our clients and providing them with a clear outline on how to run a robust business plan in China.
SET UP YOUR COMPANY
Make sure you explore China by making use of all tools and resources available for your business. Take control over your businesses operations, revenue and profit targets with a team of experts to help you set it up.
SUPPLY THE REGISTERED ADDRESS
Why use a registered address? A Registered Address is a good way to register your Chinese Company as you do not need to rent an expensive office. Its is also legally required to have an address to register a company in China.
China economy grew 6.8% in the first quarter of 2018, topping expectations
$1.84 trillion
China Consulting market grows 12% to $ 4.5 billion.
- China’s consulting market outpaced its economy last year, presenting a double digit growth and reaching a total market value of $4.5 billion. The Chinese consulting industry is now larger than its international equivalents in France and Australia.
- As the world’s fastest growing economy, China has become an economic superpower. As a result, it has continued to attract a flood of management consulting companies. All keen to tap into the booming market.
- China stands to make further ground on the world’s second largest consulting industry as a new market opens up in China’s western provinces.
Whats needed to start a Company in China
Setting up a China Foreign-Invested Commercial Enterprise
A foreign-invested commercial enterprise is a foreign-invested enterprise, that engages in the following areas:
- An agency with the commission: selling other owned goods and providing related services by sales agency of products, broker, or auctioneer or another wholesaler by the contractual relationship.
Wholesale: The sale of goods and providing related services to the retailer, industrial user, commercial user, organizational user and another wholesaler.
- Retail: selling products and providing related services to an individual or collective consumer in fixed locations or utilizing television, telephone, internet, and automat.
- Franchise: licensing of trademark, trade name, and business model by entering into a contract with others for returns and license fee.
- Corporation China is the Largest Foreign Direct investment firm is Asia Pacific. [wikipedia]
Location
A foreign-invested commercial enterprise in retail can engage in following businesses upon appropriate approval:
Retail/Import of self-operation goods
Purchase and export of domestic products/other related services.
A FICE in wholesale may engage in following businesses upon approval: Wholesale/Agency with the commission
Import and Export or other related services.
- With offices in 44 locations across China, our closed office is never far away.
Bank Account
Due to existing restrictions on international money transfers in China, your mainland-based clients will only be able to pay you within China. Therefore, a bank account in which local companies can transfer you Chinese RMBs is necessary.
- Corporation China can Guaranteed a Bank Account for all our clients.
OUR TURNKEY SOLUTIONS FOR BUSINESS IN CHINA
Strategy and taking care of all the back office work , so that you can concentrate on DOING BUSINESS!
Tax Invoice
Chinese companies put a lot of trust in the government and the Chinese legal system. Hence, they are very likely to inquire whether your company is registered in China. This is a way for them to establish the legitimacy of your business and to ensure that you can provide them with a tax invoice locally referred to as a Fapiao.
China Trademark
The Chinese trademark registration system is based on a first come first serve basis. Hence, it is important to register your brand’s trademark and logo in China as early as possible. Having an international trademark is not helpful as foreign trademark are not enforced in China.
- Everything you need to easily start your company the right way.
Marketing
You should also consider localizing your marketing by using colors and slogans that appeal to Chinese consumers. Having a slogan in Chinese will also help Chinese customers get a better understanding of the strength and appeal of your brand. Above all, Corporation China in partnership with Brand Asia, offers proven solutions to help you tailor your marketing plan to the Chinese market.
Are You Ready
To Start Your Business In China
Get a FREE Consultation with Corporation China lead Company formation experts
AVA ZHOU
Account Manager
Ava's expertise is in Brands entering China and strategy. She has a legal and Marketing background
She speaks English, Chinese and "Australian"
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