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How to register a business in shenzhen

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village boy

I'm wanting to register a Consulting  business in Shenzhen. I'm keen to know a few basics:

1.Cost of registration. Govt charges.
2. Cost of preparing registration...local consultant.
3. Money required to be held in Bank account at start up
4. Name of a reputable local consultant to help with registration

Appreciate any advice.

Thanks,

Bryan

James20061

Basic documents If the investor is a person

1, The copy of the investor’s Certificate of Incorporation and its notarization certificate from both the notarization center and the Chinese embassy;
2, The copy of the passport of the owner and share holders;
3, The personal capital certificate from bank;
4, Planned names for the company;(more than three names)
5, Certificate of working place,
6, Business proposal
  
Procedures:

  1. Application for the name;(5 working days if the name is passed)
  2. Application for Approval (About 20 working days);
  3.  Application for the Certificate of Business (About 10 working days)
  4.  Application for the Organization Code;(about 2 working days)
  5.  Application for the Tax Registration Code;(About 7 working days)
  6.  Application for Statistic Certificate;(About 7working days)
  7.  Application for Fiscal Registration Certificate;(About 7working days)

Cost:

Government charges around USD700,
Local consultant charges around USD1000,
Money in bank USD85000 depends on what's type of business you are in

Consultant: James
Email: jamesgoeway@hotmail.com

Actually, there many ways to start business in China, do contact the consultant to find the most efficient one.

jayz123

It depends on what kind of entity you want to set up.

If you just set up the Representative Office, no registration capital required. If you want to set up wholly owned foreign enterprise aka WOFE, for trading, the registration capital is rmb500,000 for consultancy or service company, it is rmb100,000.

the company is set up first then you open the bank account, then wire your capital from your overseas bank account.

The government charge will be around 1000 rmb which depends on your registration address .

I had written an article about WOFE Vs RO for the tax, registration capital,function and such. you can add my skype:jayz123, then I can send it to you for your reference coz i am not sure If i can post it here.

Cheers
Chester

waiwan

I am Tim. An American . I had setup a ,LTD wfoe in anhui,hefei. I own a foreign owned company.

also your question depends on which country you are from. your capital investment and what kind of business you want to do. contact me on qq 515482628 or wechat : CuriousOnesSchool

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