Setting up a legal entity in China

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Deliverables

  • Quality guaranteed
  • Chops and stamps made
  • Bank account opened
  • Business license received
  • Delivered within 16-24 working weeks
£19.00

£3500.00

Why is it important to have my business set up properly in China?

When the time is right, it could well make sense to establish your own legal entity in China. This can have many benefits, such as enabling the employment of people in China, operating an office in China, invoicing in local currency (RMB), registering a WeChat Official Account with full functionality, etc. But, navigating the process of registering a Chinese entity from overseas can be confusing and more complex than in many other countries. Furthermore, if the entity is registered with the wrong information and scope, it is difficult to change later.  Therefore, it is highly recommended that you hire experienced service firms to carry out this process properly and professionally.

Deliverables:

​You will get:

  • ●    Guidance through the registration process. Answering questions such as how much capital should be registered and what are the implications, and what business activities should be included on the business license
  • ●    Provision of all forms to be completed by the client
  • ●    Submission of completed forms and accompanying documents to the relevant authorities on the ground in China.
  • ●    Liaison with a local bank in China to open accounts and submit relevant documents.
  • ●    Preparation of relevant company stamps and having them made.
  • ●    The business license to operate in China legally.

Note: Any quotation does not include out of pocket expenses such as translation, gov statutory charges and courier fees.

 

How the project is delivered

  • 1. Purchase

    You can click on “buy now” and proceed to the payment page. Crayfish.io will hold the payment until the project is done to your satisfaction before releasing it to the freelancer or agency who delivers your work minus our commission.

  • 2. Work & delivery

    Once your payment is successful one of our pre-selected delivery partners will be in touch with you within one working day to start working and deliver the work back to you within the timeframe.

  • 3. Quality guarantee

    All services purchased on this platform are guaranteed by Crayfish.io. The service will be delivered according to the scope described, but if you are not happy with the quality of deliverables, you can let us know we will either help the project team improve work, or refund your payment. Please refer to 04.2 section in our Terms of Service for details.

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FAQ

Yes, the details above, including the fee, are for establishing a foreign owned subsidiary. Service is also available to help you with establishing other forms of entity such as: representative offices, branches, joint ventures. The services for these can be found on the platform too.

There are multiple forms of entity such as: representative offices, branches, joint ventures.  They each have pros and cons with implications on what you can do and cannot do in China as well as on your future tax / HR considerations.  You can first try to understand these, then choose the appropriate form to suit your business plan and scope in China. The service includes an initial consultation to help you decide this.