- International Business Setup
- Register Company in China
Register Company in China.
Analytix offers expert assistance for cost-effective and compliant business setups in China
- About China Business Setup
Experience Hassle-Free Company Formation and Registration in China
Analytix provides a comprehensive approach to company formation in China, offering solutions for rapid and lawful company incorporation in China. Our expert staff can help you navigate the Chinese business landscape effortlessly.
We hand-hold you from the initial stage of company registration and ensure perfect compliance. Our customized advice helps foreign investors open a company in China without worrying about compliance, payroll, and taxation issues.
Analytix pre-incorporation PEO services to enable your effortless transition into the Chinese market. We help you get hold of a global workforce immediately to begin business operations and plant your business firmly on Chinese soil.
- Business opportunities in China
Our approach to company registration in China
Analytix will help your company realize the immense possibilities offered by the Chinese market. We guide you in choosing the business structure most suited to your business plans in China. Our comprehensive services also include
Payroll Setup and Registration
We facilitate the setup and registration of payroll systems to enable the smooth transition of employees from PEO to your company payroll.
Employee Benefits Compliance
We ensure continuity of benefits for employees transitioning into your new subsidiary.
Legal Documentation
We obtain necessary local employment contracts and legal documents for the establishment of your business entity.
Employment Contract Support
We offer strategic guidance to negotiate employment contracts with your staff.
- Business setup in China
Your Guide to Efficient Business Setup in China.
The registration process for setting up a business in China depends on the type of business entity, such as a joint venture, wholly foreign-owned enterprise, or representative office. In general, the whole process of setting up a company in China will take between three to six months.This will involve complying with the following government authorities:
- Ministry of Commerce
- State Administration of Industry and Commerce (SAIC)
- State Administration of Foreign Exchange (SAFE)
- State Administration of Taxation
- General Administration of Customs
- State Bureau of Quality and Technical Supervision
- China Business Entities
Your Guide to Efficient Business Setup in China
- China wholly foreign-owned enterprise (WFOE)
A wholly foreign-owned enterprise (WFOE) in China is structured similarly to a limited liability company fully owned by foreign investors. It gives total control of operations to foreign management without the need to involve a local partner in the process. WFOEs are permitted to engage in a wide variety of activities, and hence they are a popular choice for investors seeking business incorporation in China.
- China sales office
Establishing a sales office in China opens the way to potential opportunities and further develops and grows the company’s presence in the market. Analytix can provide strategic guidance in establishing a sales office in China ensuring local compliance and efficient operations. We will act as the onsite Professional Employment Organization (PEO) and maximise control over staff through our HR, legal, and administrative departments.
- China representative office
A representative office (RO) is one of the easiest ways to plan your business expansion in China. An RO is not set up as a separate business entity in China but is legally an extension of the parent company. It does not require any registered capital and is established for market research and publicity purposes. Revenue-generating activities are not allowed for an RO in China.
- China joint venture
A joint venture in China is preferred by foreign investors who are looking to partner with local companies to develop their presence in the Chinese market. This is beneficial when you want to pursue business activities that are restricted to foreign companies or the expertise of a local partner is needed.
- Steps for setting up business in China
How to Register a Company in China?
1. Select an agency to assist you with the registration:
a. Partnering with an agency experienced in China's company registration process can simplify the often complex procedures.
b. These agencies will guide you on the best course of action to take during the registration process.
c. Along with business setup, an expert agency like Analytix can also provide you with:
Recruitment
HR duties
Tax compliance
Payroll
Financial audits
Immigration & visa support
2. Choose the preferred company scope
a. Understanding the business scope is crucial as China encourages foreign investment in key sectors.
b. Investors should refer to the Catalog for the Guidance of Foreign Investment Industries to learn more about China’s business landscape.
3. Prepare all necessary documents
Various documents are required for company registration in China, including
1. Company name
2. Details of controlling partners
3. Management structure
4. Legal address
5. Articles of Association
6. Feasibility study.
7. Registered capital and total investment documentation.
4. Apply for a certificate of approval
a. After document preparation, the next step involves applying for a certificate of approval and operating license from the State Administration of Finance (SAIC) and the Ministry of Commerce (MOFCOM).
b. This certificate confirms the legality of the business entity and its compliance with Chinese regulations.
5. Submit an application for a business license
a. Depending on the industry, additional business licenses may be required, such as those for construction, manufacturing, or telecommunications.
b. Applicants must adhere to specific licensing requirements and regulations set by Chinese authorities.
6. Register your business with the Public Security Bureau (PBS)
a. Registration with the Public Security Bureau is essential for obtaining company chops, which hold the same legal value as signatures in Western countries.
b. Company chops are necessary for validating contracts and conducting business transactions in China.
6. Open a bank account
a. To operate legally in China, businesses must have a registered bank account connected to their company.
b. This account facilitates transactions, payments, and financial operations, and is also necessary for tax compliance.
6. Register with the tax bureau
a. All businesses operating in China, including foreign-owned enterprises, must register with the local tax bureau.
b. Compliance with various tax regulations, such as corporate income tax, transaction tax, customs duties, and VAT, is mandatory.
c. Businesses must also adhere to individual income tax regulations for staff salaries and company partners.
Schedule a Call With Our China Business Setup Expert
Akhil Raj, BD Partner China
Are You Looking to Start a Business in China?
- FAQs
Questions We Get Asked the Most
If your question is not addressed here, please feel free to reach out to us. We value your inquiry.
How much does it cost to register a company in China?
The cost of registering a company in China varies depending on factors such as the type of business entity and location. A brief consultation with our specialist can help you get a detailed estimate.
Can foreigners set up a company in China?
Yes, foreigners are allowed to set up companies in China. They can establish different types of business entities such as Wholly Foreign-Owned Enterprises (WFOEs), Joint Ventures (JVs), and Representative Offices, subject to certain restrictions and requirements outlined by Chinese regulations.
Is China good to start a business?
China offers immense opportunities for businesses due to its large market size, rapid economic growth, and dynamic business environment. However, starting a business in China also comes with regulatory complexities which Analytix can help you to overcome.
What is Consulting WFOE?
The Consulting WFOE is the easiest to establish in China, as it doesn’t demand any special permits. This entity can engage in a broad range of services, including training, consulting, marketing, legal, sales, software, IT, etc.
What is Trading WFOE?
The Trading WFOE is eligible to import and export various goods, including retail products, electronics, alcohol, food and beverages, medicine, baby formula, and others.
What is Manufacturing WFOE?
The Manufacturing WFOE is a specialized entity capable of producing final or intermediate goods. Compliance with safety and environmental regulations is mandatory for these entities to operate in China.
