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Chongqing Company Registration

Chongqing Company Registration

Established a company in Chongqing

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 Chongqing

Yang Jin
Miss China from Chongqing

Chongqing Business Environment

Industry is the backbone of Chongqing’s economy. There are right around 10,000 manufacturing plants with settled resources of more than 73 billion yuan and a working staff of 1.2 million. Its column businesses incorporate machine building, metallurgy, chemicals, natural assurance, nourishments and tourism. Likewise, conspicuous enterprises, for example, hardware, building materials, glass and pottery and day by day utilize chemicals are additionally similarly all around created.The car and cruiser ventures in Chongqing together with those in Shanghai, Changchun and Shiyan are viewed as the four greatest engine vehicle fabricating focuses in the nation. Chongqing is one of China’s six synthetic generation bases. The significant ones are flammable gas chemicals and fine chemicals. It is likewise one of the ten iron and steel generation bases the nation over.

100% OWNED
30 WORKING DAYS
NO REGISTERED CAPITAL

Chongqing Company Registration

The registration of a Chongqing 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 Chongqing company is as a Limited-Liability type company called Wholly Foreign Owned Enterprise. Also abbreviated as WFOE, WOFE or foreign-invested enterprise (FIE). A WOFE is a commonly used investment vehicle for mainland China-based businesses.

Chongqing Wholly Foreign Owned Enterprise

Chongqing is a good choice for companies that are in computer software, IT, microelectronics and components, video and audio products, electro-mechanical integration, and key projects of light industry and energy. Meanwhile, newer industries such as pharmaceuticals, medical equipment, biotechnology are also on the rise in Chongqing

 100% Ownership

Wholly Foreign Owned Enterprise 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 WOFE is a favorable option for both individuals or overseas company that wants to enter the Chinese market.

 Operation

A Wholly Foreign Owned Enterprise can be incorporated to conduct general business activities in Chongqing. 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, trade secrets intellectual property
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.

What can a Chongqingi Company be used for?

The city of Chongqing (also called Shancheng, Qiaodu, Wudu) can be best described as southwest China’s commercial capital. Since 1997, the city has become the fourth municipality, independent from Sichuan Province, to be under the direct control of the central government.

The major port of the upper Yangzi River and gateway to the famous “Three Gorges,” Chongqing now includes most of the former eastern Sichuan Province, with a population about 30 million. It is a major center of iron and steel production, motorcycle manufacturing and shipbuilding, as well as chemical and pharmaceutical production.

100% Owned by Foreign Investors

Protects Intellectual Property& Trademark

Consulting Company

Consulting Company

The Chongqing market is vast and is still in expansion. For that reason many companies rely on IT consulting firms to help them efficiently operate in the Chinese market.

Shanghai Enterprise Registration

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 Chongqing. 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 Chongqing market.

Wholly Foreign Owned Enterprise Registration

Manufacturing Factory

When manufacturing in China, the VAT system is equally applied to foreign and local companies working in the territory. Upon exporting, goods and services undergo the classification of being zero-rated. Therefore VAT become entitled for refund, saving huge amounts of capital.

Setting up a Chongqing Company

When setting up a  company in Chongqing, there are numerous things to consider and hence it is important to seek appropriate legal help. Corporation China has developed an unparalleled expertise in this area and can provide you with everything necessary to set up your consulting company. Corporation China offers first-class solutions to all of the following requirements.

  • Corporation China is the Largest Foreign Direct investment firm in Asia Pacific.  [wikipedia]

Location: Chongqing

In China, prospective clients and business partners will often ask you where is your company located in China. Hence, a good location is an asset. At Corporation China, we offer excellent solutions for this through our Virtual Office System China Presence™ or our China Virtual Entity™ system.

  • With offices in 44 locations across China and 4  in Shanghai, our closest office is never far away.

Chongqing 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.

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

Business plan in China

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.

Registered address

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.

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Whats Needed To Start Your Business In China

Whats Needed To START

1. Do your homework.
find out more about the market and if your services or products will do well in China
[ contact a company like Brand Asia that can help you with market research ]

2. Pick a location
Shanghai, Beijing, and Guangzhou are the major business and industrial centers. The type of business may require you set up in one of these cities. Shanghai counts for one-third of China's GDP and also easy to find staff that speak good English

3. Choose a Chinese Company Structure

Before registering you need to decide what type of business entity to register. The most common for foreign Investment are Wholly Foreign Owned Enterprises (WOFE), Representative Offices (RO) and Joint Ventures

4. Develop a business plan.
A detailed business plan is crucial because once the government approves it, you will be able to operate only within the business scope, but that can also be changed if needed

Business Plan

5. Organize the necessary documents.
The documents you'll need to register for a Company will vary from place to place but mostly is just a few passport and company information.

6. Trademark your intellectual property.
Intellectual property violations can be an issue for foreign investors in China.
Trademark is a first to serve the system and is a simple process

8. Open a Bank Account
Once your company is established, you will need to open a bank account and also apply for a tax invoice ( Fapioa) machine

9. Hire staff (if required)
Hiring staff in China might seem complex ,our Yingke HR Division can help

 

Need Help?

Documentation

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

SET UP AS A HONGKONG COMPANY
  • 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 A COMPANY
  • 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.

Bank Account

Opening a China Bank Account

Opening a China Bank Account is a post-licensing service. Corporation China has the knowledge to assist your company during the Bank Account Opening Process. We can Guarantee the China Bank account as we have a partnership with most of the top banks in China. The bank you chose is at your discretion but most of our clients have chosen Bank of China or HSBC. You may contact us for more information about opening a Bank Account and the required documentation must be provided to the Bank during the Process. 

 

Read more >

FAQ

How much will I need to start ?

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 quickly?

Its a Chinese word called ” Guanxi. we have been doing this for more than 15 years, have 6000 lawyers and are know as one the top law firms in the world.

What is Registered Capital?

Registered capital is the amount of injected capital that is invested by shareholders in a foreign investment enterprise that is registered in China as is a Tax-Free way to bring capital into China. This registered capital can we used to set up the company and operate it until it starts to make a profit.

How much is the Registered Capital?

NO 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 best structure to use?

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 

How to choose a Chinese company name ?

Corporation China can assist your company with that, it 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 90% up by email at first. You will need to come to open the bank account once the company is near complete, if you are the Legal representative of the company and also to sign some papers at the government office.

Can Corporation China povide a Virtule type office and China Telephone number ?

Yes, we have 44 offices in China, and we can provide you with a Virtual Address to put on your business card and a telephone number answered in your company name  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 for us, here are a few the languages we speak: English, Italian, Finnish, Dutch, French, Spanish, German, Portuguese, Russian, Afrikaans, Japanese, Shanghainese, Cantonese and of course Mandarin and some Chinglish (Chinese English).

If I contact Corporation China, can you understand me?

At Corporation China we privileged to have staff from all over the world working for us, here are a few the languages we speak: English, Italian, Finnish, Dutch, French, Spanish, German, Portuguese, Russian, Afrikaans, Japanese, Shanghainese, Cantonese and of course Mandarin and some Chinglish (Chinese English).

Why use Corporation China?

The main reason is not that we the largest, it is that understand your needs as many of our directors are also Foreigner’s that came to China to start a business as you intend to. Yingke began with one office in Beijing and had grown to what it is today. We take that knowledge on how to succeed and use that to help you.

Where are your offices located?

Corporation China has 44 branches in China including 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

Where are your offices located?

Corporation China has 44 branches in China including  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

Are You Ready

To Start Your Business In China

Get a FREE Consultation with China's Leading Company formation experts

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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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CONNECT 

Corporation China WeChat QR Code

CONTACT

 

info@corporationchina.com

+86 021 5102 1891 (CN)
+1 253 777 0117 (US)
+44 (0) 20 8133 7773 (UK)
+61(02) 8006 1867 (AU)
+911166482160 (IN)
+852 8191 0881 (HK)

Location

580 West Nanjing Road, office 3506, 35th Floor LL Land Building Jing’an, Shanghai

 

General Info

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