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What Type of Company Can You Own in China?

What Type of Company Can You Own in China? HACOS瀚客企服
2023-11-09
3
导读:Companies registered by foreigners in China fall into two categories: foreign-owned and joint ventur


Why do more and more foreigners open companies in China?
 
David, who has been running a company in China for 16 years, said, "China is outgoing with economy and it's more progressive than before. Everybody wants to get a good opportunity, and I thought that I may get a better opportunity in China than I had before."


Want to take the opportunity to make a fortune in China too? But how?


The easiest way is to open your own company in China! Companies registered by foreigners in China fall into two categories: foreign-owned and joint venture.

 

For a wholly foreign-owned, it means registering a foreign company in the name of a foreigner. If you cannot enter China for not having a valid visa, you can provide a copy of your passport certified by the Chinese embassy or consulate abroad to entrust a professional agency in China to handle the registration.

 

For a joint venture, you need a Chinese citizen to start the company with you. In this case, the Chinese representative can handle most of the procedures. If you're abroad only need to send the relevant documents of company registration by mail.



Whether it is foreign-owned or joint venture, the process and procedures for registration are the same as domestic companies.

1. Submit an online application.

2. Submit the required documents to the industrial and commercial department.

3. Obtain business license.

4. Make official seals, financial seals, and legal person seals.

5. Register at the tax bureau.

6. Open a bank account.

If you want a company in China, now is a good time to make you move.




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