Frequently Asked Questions

Must I hire a local Chinese secretary for my company?

In terms of agent system from Chinese companies laws and regulations, you have to hire or appoint a Chinese person as company's secretary and financial manager, not only the problem of language, these agent firms authorized and approved from the registration departments for industry and commerce and tax offices.

How much registered capital need I injecting Chinese accounts?

China local government allows foreign investors ( shareholders ) to inject the registered capital within 30 years after companies completed establishment, you can put the capital into your own company bank accounts more times and how much each time depend entirely on your decision.

What are the TAXES for China ltd companies?

This is a difficult question because there are many taxes in mainland China depending on different industries and business activities, here we briefly make a list of basic taxes for general industries.

Must I rent a office address or virtual address for my company?

Yes, this is a mandatory provision from enterprises laws for foreign investment, and you may rent a local physical office as your real address, if you do not want using this way, only want to register an offshore company you also can use our virtual registered address to open an own company. Our virtual office address services also can be accepted from government departments.

Must I report the taxation record each month?

Exactly, after your company incorporation you must submit the taxation record to local tax offices and as a taxpayer you have to report the incomes, expenses and profits each month and each quarter even if you do not have any transactions and incomes. If you do not do that your China company will be the discredited taxpayer and no clients want to deal with these bad records enterprises.

How long can I obtain a business license from government?

Once you beginning the procedure and steps of company registration, we will help you draft out all legal documents and files and infirm you sign these official forms, after you courier these documents to our firm we will submit to local government checking immediately, and all process of business registration will be completed within 5 workdays. If you need us helping you open a bank account or apply for tax registration, need extra service fees and extra timing around 7 workdays.

Must I go to bank in person to open a bank account?

Your decision, if you intend to visit China we suggest you come here and go to bank together to apply for your company bank account. If not we also can assist you completing the procedure of bank account opening without visiting here, but you need to apply for an extra notarized passport from China embassy in your country.