China Consulting Company Registration
The registration of a Consulting Company in China is a complex matter but for which we have developed an unparalleled expertise. The ideal way to register your company is as a limited-liability type company called a Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE. A WOFE is a commonly used investment vehicle for mainland China-based businesses. Unlike a Joint – Venture (JV), a WOFE is 100% owned and capitalized by foreign investors and is operated without a local partner. This allows for greater control over your businesses operations, and revenue targets.
Setting up a China Consulting Company
When setting up a consulting company in China, there are numerous things to consider and hence it is important to seek appropriate legal help. Corporation China has developed an unparalleled expertise in this area and can provide you with everything necessary to set up your consulting company. Corporation China offers first class solutions to all of the following requirements.
Location
In China, prospective clients and business partners will often ask you where is your company located in China. Hence, a good location is an asset. At EASYINSHANGHAI, we offer excellent solutions.
Bank Account
Due to existing restrictions on international money transfers in China, your mainland-based clients will only be able to pay you within China. Therefore, a bank account in which local companies can transfer you Chinese RMBs is necessary.
Tax Invoice
Chinese companies put a lot of trust in the government and in the Chinese legal system. Hence, they are very likely to inquire whether your company is registered in China. This is way for them to establish the legitimacy of your business and to ensure that you can provide them with a tax invoice locally referred to as a Fapiao.
In conclusion
The Chinese market is vast, expanding but also relatively complicated for newcomers. Consequently, many companies rely on consulting firms to help them efficiently operate in the Chinese market. The vast majority of Consulting companies entering China focus on overseas property, education consulting, brand consulting, technical services and HR to mention just a few. They are highly regarded and often extremely successful in China. EASYINSHANGHAI offers companies coming to China a turnkey solution that allows for a quick start. We provide everything you need to conduct business in China, from incorporating your company, registering your trademarks, setting up a virtual office, supporting look for actual business office.