Xiamen Company Registration
How to expand your business to Xiamen by setting up Wholly Foreign Owned Enterprise
The Ultimate guide to Xiamen Company Registration in 2022
Why register a Company in Xiamen?
Xiamen maintained the top position within Fujian province in terms of FDI.
Its contractual foreign capital accounted for 32.5 percent of the provincial total, while its utilized foreign capital accounted for 29.7 percent of the provincial total.
The tertiary and secondary industries absorbed 68.4 percent and 31.5 percent of the committed FDI, which is a more optimized structure.
Setting up a company in Xiamen 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.
Four type’s of WFOE’s
Start your Xiamen Wholly Foreign-Owned Enterprise Today!
Xiamen Business Environment
Xiamen is seen as one of the most competitive cities in China, and it is also one of the cities that set Special Economic Zones on the mainland. As a vice-provincial city solely listed on the state development planning, it is granted provincial-level authority on economic operation and administration and local legislative power. In 2010, Xiamen SEZ was enlarged to cover the whole municipality. It has already grown into a modern and international port city with beautiful scenery. In 2017, the per capita GDP of permanent residents exceeded 435.1 billion yuan ($69.2 billion). The fiscal revenue accounted for 27.3 percent of the local GDP.
- 100% OWNED
- 30 WORKING DAYS
- NO REGISTERED CAPITAL
Xiamen Wholly Foreign Owned Enterprise (WFOE)
The registration of a Xiamen Company takes about 30 working days to complete. It can be used for various operations in China. The ideal way to establish your Shanghai company is as a Limited-Liability company called Wholly Foreign Owned Enterprise (WFOE, WOFE, or foreign-invested enterprise (FIE). A Wholly Foreign Owned Enterprise is a commonly used investment vehicle for mainland China-based businesses.The WFOE will the be registered with the Ministry of Commerce, (MOFCOM)
Xiamen Wholly Foreign Owned Enterprise
Xiamen 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, newer industries such as pharmaceuticals, medical equipment, and biotechnology are also rising in Shanghai.
Four typical Xiamen company’s
Setting up a Company Xiamen
When setting up a company in Xiamen, there are numerous things to consider, so it is really important to seek appropriate legal help. Corporation China has developed unparalleled expertise in this area and can offer you everything necessary to set up your consulting company. In addition, Corporation China offers top-class solutions to the following requirements.
- Corporation China is the Largest Foreign Direct investment firm in the Asia Pacific and we have an office in Xiamen for your Xiamen company registartion.
Prospective clients and business partners are very concerned about the China city of your company location. Hence, a good location is a high-quality asset. At Corporation China, we offer smart 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.
Xiamen Bank Account
Due to existing restrictions on international money transfers in China, your mainland-based clients will only be permitted to pay you within China. Therefore, an effective bank account where local companies can transfer Chinese RMBs is necessary.
- Corporation China can Guarantee a Bank Account for all our clients.
Corporation China offers turnkey solutions
Contains everything you need to quickly start your company so you can concentrate on DOING BUSINESS!
Chinese companies put much trust in the government and the Chinese legal system. Hence, they will likely inquire whether the registration location of your company in China. This is a method for them to establish the legitimacy of your business and to guarantee that you can provide them with a tax invoice locally referred to as a Fapiao.
The Chinese trademark registration system principle is a first-come, initial, serve basis. Hence, it is essential to register your brand’s Chinese trademark and logo as early as possible. An international trademark is not helpful because the foreign trademark is not enforced in China.
It would be best to consider localizing your marketing by using colors and slogans that attract Chinese consumers. Using a slogan in Chinese will also help Chinese customers better 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 Xiamen?
As a financial and cultural center resting on the shores of the Taiwan Strait, Xiamen was one of the four earliest Special Economic Zones opened to foreign investment in the 1980s. After decades of efforts, it has developed into a robust financial center with more than 600 financial institutions. It is also an innovative city based on its incredibly diverse regional economy, with strengths in fishing, shipbuilding, textiles, chemicals, telecommunications, and manufacturing.
Besides, considered one of the most pleasant cities in China, Xiamen is a present symbol of China’s economic progress. Formerly called Amoy, the town originated from Xiamen Island, Gulangyu Island, and the north bank of the Jiulongjiang River. Today’s visitors to Xiamen come mainly as gateways to the Hakka region, including visiting the famous “tulous” round houses and visiting Gulangyu Island. The city of Xiamen itself remains pleasant despite the increasing modern buildings, and the old city parts still exist, with some buildings dating from the period of European presence. You can visit some ancient temples, including Nanputuo.
An Introduction to Xiamen
We offer Xiamen Company Registration and help you establish a Wholly Foreign Owned Enterprise in Xiamen, and we can also provide the registered address in Xiamen.