China Company Incorporation

When incorporating in China, it is important to have a thorough understanding of the country's legal framework. Zest Business Consultants have been working in the market for many years and can advise on all aspects of incorporating in China.

China has a wide network of double taxation agreements with other countries, offering tax exemptions to entrepreneurs who incorporate a company in China.

Foreign investors who incorporate a company in China can take 100% ownership of a Foreign-Invested Enterprise (FIE).

Under the China Company Law, the minimum registered capital requirement for setting up a company is RMB 30,000 (US$3,750). However, the minimum paid up share capital for a Foreign Invested Enterprise (FIE) ranges from US$13,000 to US$140,000, depending on industry sector and province chosen.

To set up a China Representative Office (CRO) does not subject to any capital requirement. However, CRO are allowed to conduct only “indirect operational activities” such as liaison for business purposes, introduction of products, market research and technology exchange.

Capital can be paid in installment within two years, as opposed to in a lump sum. Cash contribution to a company must account for at least 30% of capital, and can also include in-kind contributions, industrial property and land use rights.

Following China business setup, every company is required to prepare and submit annual accounts.

Zest Business Consultants ensure that incorporating in China is as smooth as possible. Procedures include:

1. Before China business setup, Zest Business Consultants provide our Client a detailed engagement plan, outlining a roadmap for the upcoming engagement.

2. Zest Business Consultants legally complete China business setup, with the correct corporate structure in a timely manner.

3. Zest Business Consultants helps open a corporate bank account in China.

4. Following China business setup, if required, Zest Business Consultants provide accounting and taxation services including i) corporate structuring ii) minimizing withholding tax iii) tax returns and financial statements iv) payroll and investments.

5. Also, as part of China business setup, Zest business Consultants offer human resource support including i) employment & residence visas and ii) staff recruitment.

 

Zest Business Consultants' Fees to Incorporate a Company  - China/ Hong Kong

Foreign Invested Enterprises (FIE) - Our professional fee to incorporate a FIE company in China starts at US$2,500, although total engagement costs depend on the range of the professional services required.

China Representative Office - Our professional fee to incorporate a Representative office in China starts at US$650, although total engagement costs depend on the range of professional services required.

Hong Kong Company Incorporation— Our professional fee to incorporate an office in  Hong Kong starts at US$ 900, although total engagement costs depend on the range of professional services required.