BC Partners Consulting Limited

How to set up a business in china as a foreign investor? The popular first-tier cities in China for company registration could be summarized as Guangzhou, Shenzhen, Shanghai, Foshan. China company formation in different cities could follow different policy guidelines. Business China summarizes and gives a detailed introduction about how to start China Trading import and export company registration . China Trading Company's Business scope The first step of starting a China Trading Import - Export Company is to specify the major products scope and business operation scope. Business scope is not quite common in the western countries, it can be called quite Chinese characteristics. The business scope just need to list the major trading products and use summarized words and terms. It is worth notice that a trading company can engage in general related consulting business as well.  China Trading Company's Business Structure The second priority for setting up the China trading ...

Based on PRC Company Law and PRC Accounting Law, each foreign-invested company, such as China Wholly Foreign Owned Enterprise (China WFOE or China WOFE), Joint Venture (JV), Representative Office (RO or Rep Office) all required to do China company’s accounting and bookkeeping on time. When to Apply for Tax Registration for trading companies in china ? Please note it that although China company’s business license, local tax certificate and national tax certificate have been combined into one. China companies should apply for tax registration within one month after the issue of the business license. When to Apply for General VAT Taxpayer or Small-scale VAT Taxpayer? Chinese enterprises shall apply for the general vat taxpayer or small-scale vat taxpayer application within one month from the date of applying for the tax registration. When to Start Filling Taxes? In the month of tax registration and taxpayer application. When to Do Company Annual Renew? Chinese companies should ta...

One inevitable license should be applied for your trading company in China is the China Import Export License. ​ The most common investing vehicle foreign investors in trading industry adopts in China is the Trading WFOE (Wholly Foreign Owned Enterprise) . Import export license refers to the qualification of import and export enterprises to carry out the import and export business. The application for import and export right needs to pass a complicated examination and approval process. Certificate of Approval  When a foreign-invested enterprise is established, it shall be examined and approved by the business department. The Certificate of Approval is the first license should be issued as part of the Import Export License. Customs Declaration Unit Registration Certificate Trading WFOE must apply for the qualification of customs clearance. Registering with the customs is the precondition for the customs declaration. Entry and Exit Inspection and Quarantine Ins...

  Tel:+86-020-2917 9715 Mailbox:  proposal@set-up-company.com The development orientation of each area in Shanghai free trade pilot zone   Comprehensive bonded zones: according to industrial economy development goals of the free trade zone, relying on its development foundation, the original free trade zone will accelerate the development of five industrial clusters, including  international trade, financial services, shipping services, professional services and high-end manufacturing, focusing on headquarters economy, platform economy, "four new" economy those three major business forms. Based on regional first-mover advantages, Waigaoqiao free trade zone was made to a comprehensive functional concentrated area, which gives priority to the function in international trade services, financial services and professional services with multivariate integration in business, commerce, culture and leisure functions. The waigaoqiao bonded logistics park, relying on...

If a businessman lives, works, banks, invests, owns a business, and hold assets all in just one country or in one company, he is putting all eggs in one basket. So which country or company would be the best second basket then? If you are a foreign investor and you still have unanswered questions, reach us at  proposal@set-up-company.com  or fill in the form below. The Banks we worked with: Checklist to open an account: 1. Hong Kong  Company registration certificate and change the name certificate (if any); 2. Valid business registration certificate; 3. Articles of association; 4. Notification of change of secretary and director's particulars (if necessary) （CERTIFIED FORM D2B）, Consent to serve as a director or alternate director (if necessary) （CERTIFIED FORM D2A）, Notice of resignation of secretary and director (if necessary) （CERTIFIED FORM D4）, Annual returns (if necessary) （CERTIFIED FORMAR1）; 5. Personal file: shareholders and all directors and authorized sign...

China WFOE WFOE is the most common and acceptable business structure for major business. The registered capital of a WFOE should be subscribed and contributed solely by foreign investor(s). With a WFOE incorporated in China does not mean you can engage in any kinds of business activities, as is the case in HK and some Western countries. WFOE can only operate under the business scope approved by Chinese authorities. If the WFOE trades, wholesales, retails or franchises, we call it a Trading WFOE; if it manufactures, a manufacturing WFOE. If the WFOE implement consulting and advisory business, it is called a Consulting WFOE. If it provides food and beverage, a F&B WFOE. Joint Venture When two or more parties jointly invested & owns a stake respectively and share profits, operation expenses, risk and control of the company, we call it a Joint Venture (JV). Representative Office Although RO is generally agreed as the easiest entity for foreigners to f...

As world factory, “made-in-China” enjoys a worldwide popularity. with a trading company, you will enjoy a legitimate status to sign business contract under the protection of Chinese law, have the legal right to employ staffs and buy social insurances especially for Chinese employees who want to buy an property later in China. Set Up Your Own Foreign Trading Company in China As world factory, “made-in-China” enjoys a worldwide popularity. You may be thinking about setting up your own trading company after seeing all the opportunities or starts from China mainland when you handling business under individual way for some time. Any benefits or risks if you want to set up a trading company? Setting up a foreign trading company in China, you will enjoy a legitimate status to sign business contracts under the protection of Chinese law, have the legal right to employ staffs and buy social insurances especially for Chinese employees who want to buy a property later in China. ...