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Foreign capital Company Registration
Guangzhou is located in the Pearl River Delta, close to Hong Kong and Macao,being famous as Chinese important import and export trade port.
Guangzhou port is Chinese third largest port, as well as the main material distribution center and the largest international trade hub port in the Pearl River Delta and the Southern China region. Since Nansha Free Trade Area established, the Guangzhou Foreign capital company will be welcomed by more and more people.
The Concept of a Foreign Capital Company
Foreign Capital Company is according to the laws of China, set up in China and all the capital is from foreign investors and enterprises.
Foreign investors, including legal or natural person , investors from Hong Kong, Macao and Taiwan. The form is divided into foreign joint ventures and wholly foreign-owned company.
Guangzhou Foreign Capital Company's Advantages
1. Can operate legally in Guangzhou ,earn profit , and draw commercial invoice, and have no restrictions of the representative office
2. Can apply for a residence permit for the foreign staff
3. Can apply for the import and export rights and have the tax rebate
4. Can apply for the general taxpayer qualification
5. Can settle accounts with RMB and draw RMB invoice to Chinese customers
6. Can have the protection of intellectual property rights and independent patent
The Registered Capital Of the Foreign Capital Company in Guangzhou
The recommendation minimum register capital for Guangzhou trading Company is USD150, 000.
And 15% of the capital should be injected in the first three months since the company license has been established, the rest of capital should be injected within the next 21 months.
The definite registered capital depends on the operation scope of the company:
Foreign Investment Consultant Company : USD 100,000
Foreign Investment Trading Company : USD 150,000
Foreign Investment Manufacture Company : USD 150,000
The Framwork of the Guangzhou Foreign capital company
1. the shareholders of the company must be a foreign legal person or natural person (including Hong Kong, Macao and Taiwan investors)
2. The legal representative of the companies can be the shareholders, directors, non-shareholders or non-board, and Chinese is acceptable
3. The supervisors, directors of the company can be the shareholders, non-shareholders, Chinese or foreigners
The Required Documents For Applying Woriking Resident Permit
1. The original notarization of Chinese embassy of non-criminal certificate
2. The Original diploma of bachelor or above, which has notarized by Chinese embassy
3. Notarized Work experience proof with Chinese embassy stamp
Tax
1. Vat Tax :3% of selling amount (17% for general tax payer)
2. Profit Tax: 25% of the net profit (income – expenses = net profit
3. Additional Education & city construction tax: 12% of the added-value tax
4. the Embankment Fee: 0.0009 of business income (every half year)
The Guangzhou Foreign capital company ongoing service
1. bookkeeping and tax return to the tax bureau (since obtaining corporate tax certificate)
2. other related services: corporate annual inspection (from March 1st to June 30th), apply for general taxpayer, apply for import and export rights, apply for export tax rebates, tax planning, residence permit, work visa, visa extension, foreign capital changes, Guangzhou foreign to domestic, foreign registered partnership enterprises, wholly foreign-owned enterprises, Sino foreign joint ventures, Sino foreign cooperative enterprises and so on. |
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