Registered address and operation location can't be different, although it's widely existing in China that a company registered in one address operate in another. The company was acquired by a foreign entity early in its history. The business scope in which it is easiest to operate is “consulting”: obtaining the permits is easier and the cost and time needed to form the company is without a doubt less.This is why many agencies specializing in helping foreigners open their own company will suggest that you open a consulting firm even if, in reality, you want to do something completely different (such as manufacturing and/or selling products in China).The problem is that, as I already said, as soon as the local government realizes that you’re operating outside of your scope (“consulting”, in this case), they’ll force you to close shop. For more information on where, how and why we store your data (and how you can access them), you can read our I already have a company in Hong Kong but I need a new agencyI want to open a new private limited company in SingaporeI already have a company in Singapore but I need a new agencyI want to set up a company and open a corporate bank account in Singapore remotelyOthers (Virtual office, Accounting, Audit, Taxation, GST registration, etc. For a WFOE the works in the manufacturing field and has declared a total investment less than 3 million USD, for example, the minimum registered capital must correspond to 7/10 of the total investment.Besides opening a bank account and depositing the registered capital, here is a list that is not at all exhaustive, of the approvals (or registrations) that you need to get (or carry out) after getting your business license:Before choosing the city and province in which you want to have your legal address, that is the city in which you’ll operate, you should keep in mind the following factors:Here’s a list of taxes to consider for a WFOE or Joint-Venture:What is the nationality of the candidate you want to hire?This form collects your name, email and other information so that we can reply to your inquiry. For projects in which the amount of investment is large, or the construction period is long and the return on investment low, projects producing sophisticated products using advanced or key technology provided by the foreign partner, or for projects producing internationally competitive products, the term of WFOE may be extended to 50 years. For the majority of foreign companies this point is a formality, however it is still important to make sure there aren’t any problems and to provide all necessary documents such as a foreign company business license, a letter of recommendation from the bank in which the foreign company opened an account, and others.To gain permission to start your company and operate in China you must submit the following list of documents (the majority of which must be drafted in Mandarin – another reason why using a professional before proceeding is imperative):As you’ve figured out from this last point, even if the list that I just presented is a great starting point, it is not to be considered an exhaustive list.
Check with our Beijing Contacts on the right side before you doing so. Anyway, a normal office building in China will be OK for register a WFOE. The Catalogue of Guidance to Foreign Investment" [-Registered Capital: USD$140,000 is a good idea for all kinds of WFOE, with USD$ 140,000 investment it's easy to get approved. This accreditation is pivotal for CSC, as we can now assist global corporations in managing their domain portfolio in this critical market in-house," said Alban Kwan, CSC East Asia regional director. CSC’s success in becoming licensed as a foreign-owned registrar positions the company as a go-to resource for global organizations doing business in China. It is therefore useful only in the event that you need a support office (such as a marketing or sourcing office).Since a representative office cannot receive money from your clients, the only way to pay the expenses is to send money from abroad. CSC Becomes First Foreign-Owned Company to Receive Domain Registrar License in China CSC , a world leader in business, legal, tax, and domain security, today announced it's the first foreign-owned domain registrar accredited by the Shanghai Communications Administration , through the Ministry of Industry and Information Technology of the People's Republic of China (MIIT). Chinese acquisitions of U.S. companies Chinese companies have increasingly been purchasing American companies and assets. In this case, the industry is simply defined as “permitted”.If you choose a business scope that is too “vast”, the risk that the permit to open the company will be denied increases because the sector in which you wish to operate falls under one of the restricted or prohibited sectors increases proportionately.If, on the contrary, you choose a business scope that is too “limited” (or too “specific”), your application will probably be approved but, later, you run the risk that the government will force you to close the company because you’re operating outside the scope that you declared at the time of starting the company.Complicated? Initial Paid-up would be 20% of the registered capital, the balance should be remitted within 2 years. There is no public resources to find out if an address been registered or not although local SAIC has the internal database to access it.