How to Open FFC in China?- 大数跨境

HACOS瀚客企服

2024-12-25

With the rapid development of China's economy and the in-depth implementation of the opening-up policy, more and more foreign friends have shown interest in setting up companies in China, including freight forwarding companies (FFC).

Let's talk about how to start a freight forwarding company in China and what to look out for in the process.

Basic process about opening FFC

Market research and business plan:

First of all, it is necessary to conduct market research to understand the market demand and competition of the freight forwarding industry, and develop a corresponding business plan.

Company site selection and registration:

According to business needs to choose the right city and handle the company registration, the steps involved include name pre-review, submit the establishment application, get the business license and so on.

Tax and bank account opening:

Complete tax registration and bank account opening for daily operation and fund management.

Customs and import/export registration:

Depending on the nature of the business, customs registration and import/export licensing procedures may be required.

Basic precautions for opening FFC

Registered capital:

The minimum registered capital for the operation of international freight forwarding business shall be RMB 2 million yuan.

Business partners and suppliers:

Choosing reliable business partners and suppliers is the key to the success of a freight forwarding business. Foreigners should look for partners with good reputation and establish long-term and stable cooperative relationships.

Knowledge of Chinese laws and regulations:

Familiar with China's international trade and freight forwarding regulations. This helps to avoid violating the law in business operations, avoiding unnecessary legal risks and economic losses.

Major laws and regulations:

Contract management

Control of goods

Identification

Insurance purchase

Delivery without documents

When hiring employees:

Foreign employees also need to pay personal income tax and social security in accordance with regulations.

The main tax policy for FFC

If the company is engaged in international freight forwarding services, it can enjoy the VAT exemption policy.

It should be remembered that in the declaration, please select the tax deduction item in the VAT declaration schedule: VAT Exemption for International Forwarding.

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