Setting Up Your Company in China

Make the process of establishing your company in China hassle-free with the assistance of our knowledgeable legal advisors. They’ll walk you through the steps, handle your paperwork, and streamline the application process. Our experts understand the ins and outs of the Chinese business scene, offering tailored solutions to meet your specific needs.

In China, you can register four types of wholly foreign-owned entities (WFOE):

• Consulting WFOE:
  • Great for consulting businesses.
• Trading WFOE:
  • Ideal for companies to trade.
• Manufacturing WFOE:
  • Designed for manufacturing businesses.
• Representative Office:
  • They are not as powerful as WFOEs, but they serve specific purposes.

Choose the type that suits your business, and our experts will guide you smoothly through the registration process in China.

Why You Should Register Your Company in China

Thinking about registering your company in China? Here’s why it might be a game-changer:

• • Hang with the Big Names:
    • Fortune 500 giants like Apple and Nokia love operating in China. Following their lead could mean big success for your business too.
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  • Big Market, Big Opportunities:
    • With a whopping 1.3 billion people, China gives your business a massive ready-made market. Plus, it’s perfectly placed in the Far East for easy access to nearby markets like India, Japan, and Thailand.
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  • Economic Powerhouse:
    • China’s the fastest-growing economy globally and a major player in imports and exports. Registering your company here links you into a dynamic economic chain, setting you up for success.
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  • Diverse Opportunities for All:
    • China’s economy covers a lot of ground. Whether you’re into tech, manufacturing, hospitality, or more, there are opportunities galore. Registering your company in China could be your ticket to a world of business possibilities.

The process of registering a business

If you’re thinking about starting a business in China, here’s the lowdown on what to expect:

Types of Businesses:

• The process varies based on the type of business you want—joint venture, wholly foreign-owned enterprise (WFOE), or representative office.
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Time Frame:

• Generally, it takes about three to six months to set up shop. The exact duration depends on the specific industry and business structure you choose.
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Government Players:

• You’ll be dealing with different government authorities, including the Ministry of Commerce, State Administration of Industry and Commerce (SAIC), State Administration of Foreign Exchange (SAFE), State Administration of Taxation, General Administration of Customs, State Bureau of Quality and Technical Supervision, and National Bureau of Statistics.

Options for Aussie Businesses:

• If you’re an Australian business eyeing foreign investment in China, your main choices are Representative Offices (RO), Wholly Foreign Owned Enterprises (WFOE), or Joint Ventures (JVs), which can include Foreign Invested Partnerships (FIP).
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Define Your Business Scope Early:

• Make sure to clearly outline what your business will do. This description, known as your business scope, will appear on your license. Any changes down the road involve more paperwork and time.

Navigating the process might take a bit, but with the right guidance, you’ll have your business up and running in the vibrant market of China.