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Shenzhen Corporate Formation (RO)

Updated:2018-3-28 17:24:19    Source:www.tannet-group.comViews:912

Shenzhen Corporate Formation (RO) Service
Hotline: 86-755-82143512, Email:tannet-solution@hotmail.com

Shenzhen corporate formation (RO) is really a popular choice for investors from home and abroad due to the preferential policies and its favorable location. Representative Office is established by foreign companies to engage in business liaisons, quality control, product promotion, market research, exchange of technology and other permitted activities in China.

Features of a Representative Office in Shenzhen
1. Legal status and Business scope   
The Representative Office has no qualification of a legal entity, is not allowed to directly engage in operational activities, as shown in the Business License of ROs, that a RO should not engage in direct operational activities, such issue invoices on its own, remitting outward, signing sales or purchase contracts, or receiving income from services performed but may act as business liaison, product promotion, market research, exchange of technology for its parent company.

2. Company Name   
The name of the Representative office should be in the form of "Name of the Enterprise + Name of the City + Representative Office (or Office)".

3. Min-registered Capital    
No requirement on the capital for the establishment of a RO

4. Financial Services  
The RO may open account in bank and accept the payment from the parent companies overseas. However, the remittance can only be used for the day-to-day expenses. They are not allowed to open L/C account in bank and to accept other more extensive financial services

5. Business Address    
The business address must be located in commercial buildings approved by the government.

Registration and Post-registration Procedures
1. Pre-registration procedures for Shenzhen representative office
Before commencement of registration procedures stated in Sections 2 and 3 stated below, all the documents and information listed above must be ready.

2. Registration Procedures for Shenzhen representative office
The first step is to apply for registration with the local Administration for Industry and Commerce in Shenzhen. Once the application is approved and the Business Registration License issued, the post-registration procedures listed in Section 3 need to be performed.

3. Post Registration Procedures for Shenzhen representative office
1)  Upon issuance of the Registration Certificate, we will then perform the post-establishment registration procedures, including:
2)  Apply for Registration Certificate with State Administration of Industry and Commerce (SAIC)
3)  Chops made by Public Security Bureau (PSB)
4)  Apply for Organization Code License by Technical Supervision Bureau (TSB)
5)  Register with Local Taxation Bureau
6)  State Administration of Foreign Exchange registration (SAFE)
7)  Open Foreign Currency and RMB bank account
8)  Register with Statistical Bureau
9)  Value Added Services: Free Visa service, 2 months accounting service and more

Contact Us
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling China hotline at 86-755-82143422 or 86-755-82143512, or emailing to tannet-solution@hotmail.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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