
How to Register
your Company
in China?
Nowadays, the entrepreneurial environment in China is very favorable. Foreigners coming to China to start a business can enjoy numerous preferential policies and a simplified registration process. Let's look at the process!
Company
Registration Location
The property where the company is registered must be office, or commercial building space. If it is a residential property, you required a "Site Usage Certificate" issued by the subdistrict office.
Obtaining a
Business License
According to the name approval requirements, you need to provide the company name, submit the company’s articles of association, shareholder resolutions, and the legal representative’s identification documents to the Market Supervision Administration. The business license can be obtained within 3 working days. Now, there are also electronic services available, allowing you to apply for an electronic business license simultaneously.
Obtaining a
Tax Registration
Enterprises must apply for tax registration with the tax authorities within 30 days of obtaining the business license. Complete the "Integration of Five Certificates Into One" information confirmation and apply for the qualification to issue VAT special invoices.
Opening a
Corporate Bank Account
Schedule a bank visit for on-site photography to record the actual business environment. The bank will then arrange a specific account opening time based on the actual situation. The company can use this account for daily transfers, settlements, and cash transactions.
For Import/
Export Businesses
Companies engaged in import and export business must complete the registration procedures at the Customs and Electronic Port service windows.
Finally, don’t forget to apply for a work visa and residence permit if you plan to open company in China, that's really important!
HACOS always strive to provide our clients with more high-quality, efficient and considerate services, covering China visas, tax-planning, incorporation, financial consulting, global shipping, intellectual property, foreign trade services, legal consultation, etc.
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