China

To incorporate a company in China, you need:

• Reserved Specific Company Name
• Registered Office Address
• Registered capital of the company
• Details of Directors including chairman and MD
• Details of Shareholders
• Legal Representative in China
• Prepare Legal documentation
• Business Scope
• Business License
• Company stamp
• Tax registration
• Registration with Other Authorities

• Number of Directors: 3 to 13 directors
• Number of Shareholders: 1 to 50

The various documents to apply for approval certificate:

• ID of the legal representative
• Shareholder and director information (Email, Mobile No, Address etc.)
• Notary documents of the shareholders and director
• Articles of Association (AOA) and Memorandum of Association (MOA)
• Feasibility study along with budget
• Proof of registered office (Lease agreement etc.)
• Business plan
• Managerial structure and List of controlling person
• Other documents as required by local authorities

Additionally, you will also require business license and also need to comply with local registration requirements.

The specific requirements can vary depending on the type of company you wish to establish (WFOE, Joint Venture, or Representative Office).

The choice of company type depends on your business goals and operational needs:

• Wholly Foreign-Owned Enterprise (WFOE): Allows full foreign ownership and control but requires more capital.
• Joint Venture (JV): Partnership with a local Chinese entity for better market access.
• Representative Office: Lower-cost option for market research but cannot generate profit.
• Foreign Invested Partnership Enterprise (FIPE): Partnership by two or more foreign enterprises or individuals.

Wholly Foreign Owned entity is the preferred option by many foreign investors.

• All directors, partners or shareholders can be foreigners
• No Chinese director, partner or shareholder required
• Total ownership and control
• Better protection of Intellectual Property
• Own legal status
• Flexibility & autonomy in conducting business

State Administration for Market Regulation (SAMR) is the authority responsible for company incorporation in China.

Yes, we assist in checking with the State Administration for Market Regulation (SAMR) to verify availability and registration of the chosen company name.

No minimum share capital is required for starting a company in China. Business can be started with RMB 100,000 depending on business nature.

The incorporation process generally takes around 3 to 9 months.

This includes name approval, documentation, registration with SAMR, business license and tax registrations.

Costs include:

• Registration fees
• Legal and consulting fees
• Office rental
• Capital requirements

Additional costs may apply for licenses, permits and bank account setup.

• WFOE – No local partner required
• Joint Venture – Local partner required
• Representative Office – No local partner but activity restrictions apply

Yes, opening a Chinese bank account is mandatory for foreign investors.

China has VAT ranging from 3% to 13% and corporate income tax of 25%.

Additional taxes like transaction tax, customs duty and local taxes may apply based on business activity.

• Economic stability
• Access to China market
• Lower labor cost
• Government incentives and subsidies
• Sophisticated infrastructure

Post incorporation compliances include tax filings, annual audits, renewal of licenses and continuous regulatory updates.