Wilson Accounting Limited
China Company Formation Service
In today’s increasingly integrated global economy, entering the Chinese market is crucial for the development of enterprises. Our team provides a full range of services to help you get off to a good start in this market full of opportunities, and through in-depth analysis, we can help you choose the right location, corporate structure, tax planning and personal information protection.
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Instructions for setting up a Chinese company service service:
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taxation
China's corporate income tax rate is 25%, which can be reduced to 15% for certain regions and industries, such as the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, which is 15% if eligible. -
Huge market
China is one of the largest consumer markets in the world, providing a broad space for enterprises to grow.
Information required for the establishment of China company service service:
- 1. Company name (Chinese name) (English name can also be added)
- 2. Proof of identity (copy of shareholder, legal person's ID card or passport)
- 3. Registered address (you can choose the address of Sunrise)
- 4. Nature of business
- 5. Shares and share capital (e.g. HK$1 per share for 10,000 shares)
- 6. Shareholding ratio of each shareholder
The main types of Chinese companies:
- 1. Sole Proprietorship
- 2. Partnerships
- 3. Limited Liability Company
- 4. Sino-foreign joint ventures
- 5. Wholly Foreign Owned Company (WFOE)
- 6. Permanent Representative Office of Foreign Investors ^
*As an independent legal entity in China, WFOE provides great convenience for the daily operation and business development of enterprises. This type of enterprise has the right to directly engage in business and trading activities, allowing foreign investors to manage their business more flexibly and respond quickly to market changes.
^The functions of a representative office for foreign investors are mainly focused on indirect business activities, such as business liaison, technical exchange and product promotion. These representative offices are actually the parent company’s business liaison in China, and the process of setting up is relatively simple. Compared with a physical company, a representative office operates in a different way, has more relaxed requirements for capital investment, and is relatively simple to manage. However, the operation of a representative office in China is regulated to a certain extent, and it is not allowed to conduct direct business transactions with customers, but to focus on indirect business activities such as public relations and business liaison.
