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AbacusHKCPA - Company Formation and Company Registration by Hong Kong Accountants (HKCPA)

Abacus CPA
Charity Linking
Beijing
(
8610
)
6563 7980
E-mail :
Info@AsiaBS.com
Fax :
(
852
)
8102 2593
Hong Kong
(
852
)
8102 2592
Guangzhou
(
8620
)
2831 3599
Shanghai
(
8621
)
5836 2605
 
 
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AbacusHKcpa » 

Company Formation

 » 

China Company

 » 

Wholly Foreign Owned Enterprise

 » 
Wholesaler
Below cost and fee are examples and applicable only to big cities
like Shanghai (SH) and Beijing (BJ).

Cost and fee for other cities need to be quoted per request.
Business Nature
General Information
The Required Documents (as reference)
The Procedure
Incorporation Fee
Maintenance Fee
General Information
Registered Capital
  • It should be depending on the feasibility study and 100,000 RMB at least;
  • The registered capital can use to cover all expensed which happens on WFOE. If the WFOE will have no income in the first two years, the Registered capital is better to cover the two years' expense;
  • The registered capital should be above 800,000RMB, and then WFOE can apply the 17%VAT invoice as the general tax-payer qualification. Since getting this qualification, WFOE can enjoy the tax rebating and VAT deduct;
  • 20% should be arrived to WFOE's bank account in first three month. The balance should be arrived within 2 years.
Registered Address
  • The company should rent the office which is 30 sq.m. at least.
Time Schedule
  • Around 3 and half months for whole procedure. The business licenses can be got in one more months after all the documents prepared.
Tax Policy
  • Business tax : Value added tax 17% (small-sized enterprise, The amount value’s 6% );
  • Profit Tax Rate : 25% .
Other
  • It can be set up branch office and company in same and other city.
  • Since some document like Bank reference and Legalization / notarization document for mother company is required.
    • Bank reference :
      • At least " no bad record" shown in the bank reference;
      • Other requirement depends on the project.
    • Legalization / notarization document :
      • The document should have two copies;
      • The document should include company license, company article, company shareholder and director info depending on the project;
      • The document should be processed on the mother company's local Chinese Embassy. Normally, it may cost no definite time depending on the local Chinese Embassy.
Page Top
Service in Hong Kong
  1. Accounting, Audit & Taxation
  2. Document Certification
  3. Bank Account Opening
  4. Company Secretary
  5. Registered Address
  6. Nominee Shareholders & Directors
  7. Virtual Office
  8. Trading Support
  9. Trademark Registration
  10. Online Credit Card Payment Service

Service in China
  1. Accounting Service
  2. Trading and Logistic
  3. Other Service
 
 Company Formation
  1. Hong Kong
    1. Limited Company Formation
    2. Unlimited Company Formation

  2. China
    1. WFOE (Wholly Foreign Owned Enterprise)
    2. In Free Trade Zone  |  Consultancy  |  Restaurant
      IT  |  Manufacturing  |  Wholesaler  |  Retailer
    3. JV (Joint Venture)
    4. RO (Representative Office)

  3. Offshore
    1. BVI (British Virgin Islands)
    2. Samoa
    3. Seychelles
    4. Marshall Islands
 
  1. Why Abacus
  2. Contact Abacus
  3. Office Locations
  4. Working with Abacus
 
  1. Fee Table
  2. Payment Method
 
  1. FAQ's
  2. Success Story
  3. Glossary
  4. Useful Link

AbacusHKCPA - Certified Public Accountants base in Hong Kong (HK) - ACCA, HKICPA, providing services of

company formation, financial management, business advisory, tax planning, auditing and accounting.