Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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4935.00 USD | 2400.00 USD | 1 | 25.00% | 1.00 | Yes |
Company Formation in ChinaLaw & Trust International offer our clients, the services of incorporating, formating and registering a company in such cities ofPeople’s Republic of China (PRC): Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Hangzhou, NanJing, Qingdao, Suzhou. Our team of lawyers is ready to assist you with any documentation (collection and preparation) processes, provide full legal support for you, the client, and post registration/incorporation services for the company. The Incorporation process of a new company in China (PRC) may sometimes delayed due to the need to obtain permits for particular activities from the Chamber and Ministry of Commerce (MOFCOM) in China. In some cases, registration of a company in the People’s Republic of China (PRC) can take up to a year with the information concerning the cost of maintaining the procedure and amount payable to the state duly specified by contacting our company. Our Lawyers make a detailed cost estimate for you, including all the details up to subsequent accounting and tax audits. The final cost depends on the specific region of the company's registration in China (PRC), the number of founders and other various factors. Advantages of Company Formation in ChinaBelow are some of the reasons why you should think about starting a company in the People’s Republic of China (PRC):
Requirements of Registering a Company in ChinaThe following requirements are needed to open a company, depending on the type of the company.
Types of Company Registration in ChinaThe following are the different types of companies available for set up in the People’s Republic of China, they include:
Business In China: TaxationIn the territory of the PRC (China), there are two main types of taxation: VAT and income tax. Foreign trade companies can rely on moderate benefits from the state, and the degree of reduction in tax rates is partially dependent on the type of activities of the company and significantly on the region of registration of the company in China (PRC). Details on the rates can be discussed with the specialist of Law & Trust.
How to Register a New Company in China: ProcedureThe following below are a guide on how to register a company in China.
The lawyers of Law&Trust will help you register a company in China. You can contact us for free consultation at any time. We are capable of providing consultations both in the office and remotely. Chinese Company Formation FAQS
The total cost of registering a company in China starts from $4935 depending on the type of company. The total cost of registration includes comprehensive review, registration service, business incorporation and registration certificates.
It takes from three (3) months for full registration of a company in China.
Contact Law & Trust today to get a professional overview on how to setup your company as a foreigner in China, consultation is free.
Yes, a license or permit is required, when planning to run a business in PRC.
There are specific administrative regions that provide more a favourable atmosphere for the registration of an offshore company. WHY INCORPORATE WITH LAW&TRUST INTERNATIONAL?
Ready for Company Incorporation?If you are interested in registering and incorporating a company in China, Law&Trust International can help. Send us an email or simple pick up the phone and call to take the next step in your business today! |
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Nominee director and shareholder | |
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Square | 9 596 960.00 |
Population | 1 343 240 000.00 |
Capital | Peking |
State polity | Communist state |
Telephone code | 86 |
Place in the world in corruption | 75 |
location | Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam |
Climate | Extremely diverse; tropical in south to subarctic in north; avg. maximum temperature (July) +25°; avg. minimum temperature (January) -7° |
Literacy rate | 92.20% |
Ethnic groups | Han Chinese 91.5%, Zhuang, Manchu, Hui, Miao, Uyghur, Tujia, Yi, Mongol, Tibetan, Buyi, Dong, Yao, Korean, and other nationalities 8.5% (2000 census) |
National currency | Chinese Yuan (CNY) |
USD exchange rate | 6.31 |
GDP per capita | 120 |
Official language | Chinese |
Credit rating | A+ |
The judiciary | Higher People's Court, the Local People's Court, Special People's Courts |
Executive authority | Head of government: Prime Minister, executive vice-premier, vice-premiers. Government: State Council appointed by the National People's Congress |
Legislative authorities | unicameral National People's Congress (2,987 seats) |
Opportunity to purchase ready-made companies | No |
The use of the Cyrillic alphabet in the name | No |
Local registered office | No |
Organizational and Legal Forms | Equity Joint Venture (EJV), Contractual or Co-operative Joint Venture (CJV), Wholly Foreign-Owned Enterprise (WFOE); Foreign Investment Joint Stock Company (FIE) and Representative Office |
Indication of BPA in the name | Limited or Ltd |
Local registered agent | No |
The minimum amount of paid-in capital, nat. currency | 30000 |
Bearer shares | No |
Possibility to issue shares without par value | No |
VAT | Yes |
Basic corporate tax rate | 25.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | Standard - 25%, 20% - for small enterprises and 15% for state-encouraged new high-technology enterprises |
Stamp duty | No |
Other taxes | VAT 16% |
Minimum number of directors | 1 |
The requirement for residency directors | No |
Director of legal entities are allowed | No |
The data reveals to the local agent | Yes |
Data field to the public registry | Yes |
The requirement for the presence of the Secretary | No |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 1 |
Data is entered in the public register | Yes |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | Yes |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | Yes |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | Yes |
Open access to the Annual Return | No |
The requirement for reports | Yes |
Treaty on avoidance of double taxation (States which signed) | 65 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | No |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
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First Class | Additional Class | First Class | Additional Class | First Class | Additional Class | First Class | Additional Class |
67.50 | 67.50 | 432.00 | 396.00 | 0.00 | 0.00 | 499.50 USD | 463.50 USD |
«TRADEMARK» refers to «Wordmark» or «Logo» | |||||||
135.00 | 135.00 | 864.00 | 792.00 | 0.00 | 0.00 | 499.50 USD | 927.00 USD |
«TRADEMARK» refers to «Wordmark+ Logo» | |||||||
Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary. In China, in order to optimally protect both the “verbal part of the trademark” and the “logo”, two separate applications are required, and for this reason, it can cost over twice the price of the “verbal part of the trademark or logo”. An application for registration of a trademark implies the existence of a description of the product / service, consisting of 10 points; for each additional item, you will need to pay a fee of $ 30 for registering the "verbal part of the trademark or logo" and $ 60 for registering a combined trademark. |