Calculate the cost of registering a company in China:
| Service Name | Cost RMB | Select |
|---|---|---|
Company name check and reservation | 300 RMB | |
Company registration, including government fees | 10000 RMB | |
Verification and confirmation of registration documents with various supervisory authorities | 1000 RMB | |
Business license issued by the regional Department of Commerce and Industry | 1000 RMB | |
Obtaining and registering the company seal at the Public Security Bureau | 0 RMB | |
Assignment of a company number by the Bureau of Quality and Technical Supervision | 0 RMB | |
Obtaining a license from the National and Local Tax Bureau | 0 RMB | |
Obtaining a certificate from the State Statistical Bureau | 1000 RMB | |
Obtaining permission to open a foreign currency and RMB bank account | 3000 RMB | |
Obtaining a permit, special card, and license for currency exchange from the National Administration of Foreign Exchange | 1000 RMB | |
Opening a bank account | 2000 RMB | |
Obtaining a Financial Registration Certificate from the Financial Bureau | 0 RMB | |
Accounting services | Upon request |
|
Annual maintenance (charged from the second year) | 1500 RMB |
|
Total cost of company registration:
0 RMB
The cost estimate is approximate. Exact pricing and consultation can be provided by our manager upon request.
- Wholly Foreign-Owned Enterprises (WFOE),
- Joint ventures with Chinese partners,
- Representative offices of foreign parent companies.
When working with clients, we thoroughly analyze the specifics of their business and recommend the legal structure in China that best suits their individual needs. However, in most cases, we recommend establishing a Wholly Foreign-Owned Enterprise (WFOE).
Main reasons to choose a Wholly Foreign-Owned Enterprise:
Wide scope of permitted business activities
Unlike a representative office, a Chinese company can conduct trade and hire employees. A representative office is limited to promotional activities, client interaction, and participation in exhibitions. Any commercial activity by a foreign representative office in China is ILLEGAL.
Limited liability of the founders
Founders are only liable for obligations within the limits of their declared capital contributions.
Promotion of products and services on Chinese online platforms
China’s e-commerce and digital ecosystem is the largest and most closed in the world. Operating fully in this space requires having a registered company in China. For example: launching a store on platforms like Tmall, JD.com, 1688.com (the local version of Alibaba), registering an official WeChat account, etc.
Independence from a Chinese partner
Establishing a WFOE is the best way for a foreign investor to protect their interests in China.
Ability to open a bank account in China
Having a registered company in China allows you to open a bank account and reclaim VAT.
