BC Partners Consulting Limited

Laws & Regulations of China Company Incorporation (1). Registered Capital Registration Regulation： To be feasible to optimize the business environment, China has loosened market subject access control and implemented registration of registered capital for China limited liability company. The registered capital subscribed registration system only refers to the registration authority to register the company total capital contribution of the shareholders (promoter) subscribed registered capital, shareholders’ (promoter) amount of real capital injection (paid-in capital) by the shareholders of a company can be agreed and recorded in the company's articles of association. In the past, China has implemented a registered capital real-pay registration system, which required the shareholders of a company must do capital injection (paid-in capital) in the specified time limit and apply for a certified report of capital verification by the capital verification institution established...

Payroll procedures and regulations vary greatly in each country. We are there to guide you through the different rules and regulations, and to deliver on your behalf a smooth payroll service to all of your international employees.  Salary Payment Transfer net pay electronically to employees' bank accounts Individual income tax calculation:  Deduct and pay individual income tax to designated government agencies for employees Handle individual income tax filings in compliance with government regulations Employing staff in China must obey China’s new labor contract law, which came into effect in the year of 2008 and revised several times later. Business China offers customized and cost-effective payroll management solutions for foreign SMEs or start-ups all over Mainland China. Company Type for payroll services:  WFOE (Wholly Foreign Owned Enterprise) JV (Joint Venture) RO (Representative Office) Checklist for payroll service: Payroll proc...

The Limited Liability type company in China wholly owned by foreign investor(s) is called the Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE . Foreign Direct Investment（FDI） in China has up to 108 billion USD since 2008, laying the foundation of China's economy to be the second largest one next to the United States. China has renowned as the big exporter of highly price-competitive goods as well as a major importer of western cargo due to the fast rise of the Chinese middle class and rising consumption needs in recent years. Business magnates, transnational corporations and individual investors all pay high attention to Chinese market. With the commitment to speed international development, Chinese government  issued lots of favorable foreign investment policies  to benefit foreign investors. The major advantages of doing business in China would be its dynamic speedy-growing economy, fast-rising consumption needs, large trained labor pool, low employment...

China's social security law was promulgated by the central government but its administration and specific details are governed by local authorities. It is paid by both employer and employee, and the levels of this payment to the social insurance agencies are connected directly to the employee's salary. It can be complicated as there is not one steadfast rule for the country. Instead it is governed at a regional level, so depending where your company is based in China you will have differing responsibilities as an employer.  China social insurance not only needs to be set up, but also paid monthly, it may be easier to outsource this task to the local experts at Business China. China's new Social Insurance Law, which took effect on July 1, 2011, established the first national, basic social insurance framework for employees across mainland China. The law requires that all employers in China enroll each employee in five insurance programs, plus one mandatory housing ...

Here's information about " Shenzhen Free Trade Zone " , and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 A free-trade zone (FTZ) is a specific class of special economic zone. It is a geographic area where goods may be landed, stored, handled, manufactured, or reconfigured, and re-exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. Shenzhen is a national economic center and an international city designated by the State Council. It is the first special economic zone in China's reform and opening up and creates the world-renowned "Shenzhen speed". Shenzhen has the largest entry and exit port in china. Shenzhen is also an important border port city. Shenzhen is a national ...

Here's information about our company's monthly accounting service ,  and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 In China, every business entity is required to do monthly accounting. To safeguard our clients' business expanding in China, Business China offer monthly accounting service for WFOE, JV, RO.  With our Monthly Accounting service, we will keep you informed about the profitability of your business, give you ongoing support, and offer timely advice when needed.  TWO Taxpayer Types: Small-scale accounting Taxpayer General Taxpayer Monthly Accounting Service Process: Tax registration Receipts filing Accounting Prepare the statement Declare dutiable goods Free finance consulting TWO Taxpayer Types: Small-scale accounting Taxpayer General Taxpayer With accounting managed with Business China, you could: Legally apply for invoic...

Here's information about " Innovation & Policies of Guangdong FTZ " , and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 Facilitating Investment Pre-establishment national treatment and negative list management mode will be implemented for overseas investment. For fields that fall outside of negative lists, investment projects will be filed. Enterprises’ normal overseas investment projects in the Pilot Free Trade Zone will go through record management, excluding those must be authorized by the State Council. Facilitating Trade At Guangzhou’s Nansha Bonded Port Area, Shenzhen’s Qianhai Bay Bonded Port Area and other areas with special customs supervision within the Pilot Free Trade Zone, entry and exit supervisory services will be carried out in line with “first line opening”, “highly efficient control in the second line”. In Zhuhai’s Hengqin Area, hierarchical management will run acc...

Here's information about how to atart your China enterprise with a professional team in China, and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 To start your China enterprise with a professional team in China.  Our service process: Customize Service Package-----Start Incorporation---Courier Company File to You by International Express.  We create an easy route for business incorporation in China.  We also offer post-incorporation Services.  We understand just how valuable your time is. At Business China, we are committed to return your email or phone call within 24 hours GUARANTEED. A foreign investor is not required to come to China physically to start the incorporation process. Setting up as an Individual • A scan of your passport • A personal bank statement letter, only stating no bad record (in some cases, no need to provide) • Choose a China name and ...