There are 2 common ways for you to set up a company in China:
Set up a Wholly Owned Foreign Enterprise (WOFE)
Set up a Representative Office (RO)
For setting up a WOFE, you will have greater efficiency in its operation and development as it is an independent legal entity with capability of carrying out trade and sales operations.
For setting up a RO, its entity structure is relatively simpler compared with that of WOFE. However, RO is established for business co-ordination only, which means it is not allowed to directly engage in operational or sales activities.
A WOFE is a limited liability company registered with only foreign capital under the Chinese company law. The investing party could be corporations, economic organizations or individuals.
Same as other types of business registration in China, each WOFE is restricted in a certain business scope (e.g. consulting, manufacturing, trading, etc). Within its business scope, the WOFE can have normal business activities of buying materials, processing them and selling the final products to local or overseas clients. Profits of the company can be repatriated to the investors' home country.
Service Package
Preparation of the WOFE registration, such as
Application letter
Feasibility study report
Articles of Association
List of legal representatives, board of directors and shareholders
Research and obtain approval for the company name
Obtain Certificate of Approval from the Foreign Trade Bureau / Bureau of Trade and Industry
Obtain Business License from the Administration of Industry and Commerce
Registration with Government authorities, including
The experienced counsellor will provide professional consultation in the entire application process, helping you save future unnecessary trouble and grief.
We shorten the whole processing time as we are well acquainted with the requisites of various authorities.
With the minimum registered capital, we help your company set the business scope as wide as possible, in order to cover your present and future business expansion.
All application materials are handled by the professionals directly, no middle man will be involved to keep from any misconduct.
A RO is a non-legal entity representing its parent company that is set up in China to liaise with businesses and customers. It is not allowed to directly conduct business, issue invoices on its own or receive income from services performed.
However, RO can function as a liaison between its home company and related industries in China, conduct market research, promote products and perform preparatory activities for future business development, which can be considered as a first step to enter into the China market.
Service Package
Preparation of the RO registration, such as
Application letter
Power of attorney for the chief representative
Details of legal representative
Obtain Certificate of Approval from the Foreign Trade Bureau / Bureau of Trade and Industry
Obtain Certificate of Registration from the Administration of Industry and Commerce
Registration with Government authorities, including
The Public Security Bureau
The Tax Bureau
The Statistics Bureau
The Customs Department
Obtain office stamps
Obtain Enterprise Code Certificate
Minimum Requirements
1 chief representative, appointed by the board of directors of its parent company
Why BRIDGES?
The experienced counsellor will provide professional consultation in the entire application process, helping you save future unnecessary trouble and grief.
We shorten the whole processing time as we are well acquainted with the requisites of various authorities.
All application materials are handled by the professionals directly, no middle man will be involved to keep from any misconduct.
Every day, we get full support from BRIDGES's gentle, affable, helpful and wonderful team.
Q8 Aviation
BRIDGES provides one-stop services range from company setup to secretarial support for you to start your venture in HK.
Our virtual office plan provides you with a Hong Kong registered office address for your business registration use.
We have years of experience in helping our start-up business clients handle accountancy and taxation.
Our professional counsellor is fully versed in assisting the expatriates in obtaining a Hong Kong work permit.
Please visit our premier sites to see how they can cater your needs.