China company formation is also called China business setup, China corporate formation, and China company registration, etc. Since the implementation of the reform and open-up policy, China has been seen a booming economic, which brought not only numerous business opportunities, but also investors all over the world. Especially, the requirements of foreigners investing in China have been released, which will benefit more foreigners who extend business in China.
Establishing a business in China is not as straightforward as most overseas investors into China initially anticipate and the process comes with its own unique challenges and complexities. The actual legal and administrative preparation for the setting up of a business can be a very time consuming task if professional guidance isn’t sought.
Advantages of China Company Formation
1. World's largest foreign exchange reserve: Government has aggressively put forward stimulus plans to boost domestic consumption.
2. Personal savings: As China economy develops and China government encourages local consumption, Chinese people are more comfortable to spend their money.
3. China government has taken active macro-economics measures to boost the domestic market. With the huge reserve of China government and hard-earned saving of her people, your business will lag behind if cannot tap into the huge opportunities for China trade and China investment.
4. Price controls: China has abolished most price controls, with market forces now determining the prices of the majority of products traded. In general, prices remain controlled only for goods and services that are deemed essential.
5. Intellectual property: China has aligned its legislation with the minimum WTO requirements of the Trade-Related Aspects of Intellectual Property (TRIPs) protocol, which contains general standards for the enforcement of intellectual property rights.
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Major Forms of China Company Formation
Foreign investors can invest in China through legal or non-legal entities. Legal entities that can be set up by foreign investors generally include wholly foreign-owned enterprises (WFOEs), equity joint ventures (EJVs), co-operative joint ventures (CJVs) and joint stock companies (JSCs). Nonlegal entities include representative offices (ROs) and branches, as well as certain CJVs. The partnership also is available as an investment vehicle.
Major Procedures of China Company Formation
1. Fill out the application form (sign the agreement);
2. Company name search & confirmation;
3. Pay for the services;
4. Submit the needed documents;
5. Check the documents;
6. Prepare for the statutory documents; Let the investors sign the documents personally, and then submit all the documents to the government;
7. Keep clients informed of the processing;
8. Finish processing in 30-50 working days; (it depends on the registered address and business scope)
9. Hand over all the company kit to clients;
10. Sign the receipt.
Tannet’s Service for China Company Formation
With the attractive investment environment of China, more and more investors started their business in China, Tannet’s has set up branch offices in mainland China and Hong Kong. We offer advices about start a business in China, and we also help clients to go through the whole process of setting up their business. In addition, we also probvide business outsourcing services in various fields, such as accounting, auditing, tax filing, intellectual property right protection, visa/work permit application, barcodes application, etc.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to info@citilinkia.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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