Frequently Asked Questions
Answers to common questions about doing business in China
Foreign investors can establish several types of business entities in China, including Wholly Foreign-Owned Enterprises (WFOE), Joint Ventures (JV), and Representative Offices (RO). The WFOE is the most popular choice as it allows 100% foreign ownership and full operational control.
The registration process typically takes 45-60 days for a standard WFOE. This timeline can vary depending on the industry, location, and completeness of documentation. Our streamlined process ensures we meet these timelines consistently.
Foreign companies must comply with regular accounting and tax filing requirements, annual inspections, and maintain proper corporate records. This includes monthly tax filings, annual financial statements, and annual registration renewal with the State Administration for Market Regulation.
Yes, Chinese regulations require a registered office address for company registration. We can assist with providing a legal registered address in major cities across China as part of our comprehensive registration services.
The standard corporate income tax rate is 25%, though certain industries and regions qualify for preferential rates. Value-Added Tax (VAT) rates range from 3% to 13% depending on the type of goods or services. Our tax experts can help identify applicable tax incentives for your business.
Profit repatriation is allowed through dividend distributions, intercompany loans, or service fees, subject to applicable taxes and documentation requirements. We assist with proper documentation, tax planning, and compliance with foreign exchange regulations to facilitate smooth fund transfers.
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