BC Partners Consulting Limited

The Guangzhou FTZ Advantage Policy are as follows, if you have any interests, please don't hesitate to contact us. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 Guangzhou FTZ Advantage Policy (Guangzhou Free Trade Zone Company Formation Regulations) 1. Fiscal policy According to the functional orientation and industry development direction of Guangzhou FTZ, the ministry of finance, taxation administration, and relevant departments will study and formulate the preferential taxation policies to support the development of Guangzhou FTZ. 2. Financial policy 1）Strengthen the financial cooperation between Guangdong, Hong Kong and Macao, and carry out the financial reform and innovation of the comprehensive management of the financial industry and foreign exchange management, so as to support the Guangzhou FTZ in the process of expanding the financial industry in the mainland and opening up to Hong Kong and Macao; 2）Support Hong Kong and Macao financial instit...

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...

Required by PRC Company Law and other relevant regulations, all Foreign Invested Enterprises in China, including Wholly Foreign Owned Enterprises (WFOEs), Joint Ventures (JVs) and Representative Offices (ROs) are required to comply with the statutory annual audit and other compliance processes.  Foreign Invested Enterprises in China can only distribute and repatriate their profits or dividends back to their home country after completion of their annual statutory audits and settlement of all relevant tax liabilities.  Failure to comply with the annual audit and compliance may result in extra expenses, penalties, or even revocation of business licenses. The annual inspection of enterprises refers to the statutory procedures for the examination and approval of enterprises by the administrative departments for Industry and Commerce in accordance with the law, and the qualification of enterprises to continue their business operations. According to  the Pro...