Skip to main content

Posts

Showing posts with the label set up company in china

China WFOE

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...

Invoice Issue

Fapiao can be divided into two types of Fapiao--- General fapiao and special VAT (value-added tax) fapiao. Only the latter can be used for tax deduction and can only be applied from the general tax payer (status). Each establishment will be Small-Scale Taxpayer when it established at once, Business China can help you to apply for General Tax Payer, also called General VAT Taxpayer Status based on your business field. Business China has a great experience in helping foreign investors to set up business entities and we also offer post-incorporation related services in China and abroad. If you need tax and accounting related service, such as monthly accounting service, company annual renew & auditing, invoice issue service or other related services, don't hesitate to contact us. Without exception, our clients after freshly incorporated his WFOE, Joint Venture or Representative Office in China, nearly all of them have questions regarding China’s Fapiao. The changing...

Shenzhen Free Trade Zone

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 ...

VAT Return

One of the inevitable benefits for a Trading WFOE/JV or Manufacturing Company in China is export tax refunding. On one hand, the establishment can bring considerable tax refunds back to the enterprise to improve competitiveness even ease financial pressure; On the other hand, it also helps enterprise to keep an excellent corporate reputation. Export tax refund refers to the value-added tax and consumption tax paid by the exported goods to the actual production and circulation segment in china. The system of tax refund for export goods is an important part of the tax revenue of a country. The export tax rebate is mainly through the refund of export goods of domestic tax paid to balance the tax burden of domestic products, making their products to exclude tax costs to enter the international market to enhance competitiveness. China, known as "the world factory", is a lucrative spot for exporting business. One of the inevitable benefits for a Trading WFOE/JV or Man...

Shanghai Free Trade Zone

Here's information about " Shanghai 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. When the Shanghai Free Trade Zone (FTZ) was first introduced in 2013, it was presented as a testing ground for new reforms. Where proven successful, these would be expanded across the entire country. Shanghai Free Trade Zone is the first Hong-Kong Like FTZ in China. It covers an area of 28.79 square kilometers. Construction of Shanghai FTZ test area is a m...