How To Register Company In China From India?
An Umbrella company in China is a company which works for on behalf of any foreign entity or for individuals who want to do business in China. Usually it takes care of marketing, sales, import/export or for all your business needs.
1. Contact BIATConsultant
2. Choose A Plan
3. Get List Of Document Required
4. Complete Documentation And Payment Prococess
5. Get Your Company Registered With BIATConsultant
In this kind of enterprise complete shareholding is of foreign individuals or entities. We can say that it is a kind of Limited Liability Company. It is also to be noted that only foreign individuals or international business enterprises can become shareholders of this kind of organization. Liability is included on the individuals only to the amount of Capital injected into the business. There is no paid capital involved in this kind of organization to establish consulting, trading, or information technology business etc.
Minimum Registered Capital requirement
-For consulting RMB1,00,000/-
-For trading RMB 5,00,000/-
-For Manufacturer RMB 5,00,000/-
Registered capital is the amount that is required by a company through investors to run their business until they can run their business from its own cash flow.
2.Foreign invested Commercial Enterprise
These enterprises are established for the purpose of retailing, wholesaling, franchising or trading businesses in China. The registration of Foreign Invested Commercial Enterprise is quicker.
Minimum Registered Capital required
-Wholesale FICE RMB 5,00,000/-
-Retail FICE RMB 300,000
3.Representative Offices in China
There is no minimum capital requirement for Representative Offices in China. These offices generally represents parent companies in China and used for market research activity in China to access the scope and depth of Chinese market to consider the future investment scope. These offices are not allowed to be involved in any kind of business for profit, sign contracts on behalf of the parent enterprise, receive revenue in china, issue official t6ax invoices, buy property or import production equipment. In tis Tax rate is approximately 10% of the total amount.
4.Joint Venture Company registration In China
There are two types of joint Ventures Companies in China i.e. Equity Joint Ventures and Cooperative Joint Ventures. It is a kind of company registration where domestic and foreign entities work together.
People can also apply for the application for company registration in China and it is considered to be valid subject to the terms and conditions of the laws of China.
Then company registration authorities shall issue a business licenses of companies to the companies established under the law. The date of issuance of the business license for a company shall be the date of establishment of a company.
The business license of a company shall state therein that such matters are domicile, registered capital, business scope, and the name of the legal representative of the company etc.
If any of the matter stated in the business licence is changed then it has to apply for a change of registration in accordance with the law and the relevant company registration authority will issue a jnew business license to replace the old one.