Malaysia Hotline: +603- 2141 8908
WFOE
(wholly foreign owned enterprise) is a business entity formed in China entirely
with foreign capital. It is totally under foreign control and does not have any
formal Chinese ownership participation. For a foreign company to be able to
issue receipts and export goods from China, it must be able to legally
registered as a local company or a WFOE. A WFOE is set up as limited liability
entity and represents separate legal persons and is taxed according to local
legislation. Beijing WFOE Registration is also called Beijing WFOE setup,
Beijing WFOE formation, Beijing WFOE incorporation and Beijing WFOE
establishment.
Advantages
of WFOE in Beijing
1.Foreign
company registered in Beijing, Beijing advantage without the requirement of the
registered capital, not only save the start-up cost spending, has saved the
time: the endowment, capital verification, change the business license of the
time, greatly improving the efficiency of company registration;
2.Beijing
foreign company registered geographical advantage, Beijing is the capital of
our country, which combines political, cultural, economic and other diversified
city, can be diversified development company in the industry;Also the company
is headquartered in Beijing, radiation throughout the country to Beijing;
3.Beijing
foreign company registration of foreign exchange advantages, a wholly foreign
owned enterprise can be registered in the company, also can apply for foreign
exchange, set up a foreign currency account, saved for late time;
Application
Documents for WFOE in Beijing
1.Investors
for the foreign company registration certificate (chinese-foreign control) and
the legal representative passport;
2.The
new company legal person passport copy, 1 "five photos, and resume;
3.The
application form;
4.Feasibility
study report;
5.Articles
of association;
6.Members
of the board of directors appoint letter;
7.Members
of the board of directors identification;
8.Investors
have legitimate business;
9.Investors
reference;
10.The
certificate of using the new set up company property (including the agreement
that rent a house, house property card, copy);
11.Business
name registration approval notice (copy).
General
service content
1.Name
authorization;
2.Business
bureau approval: no fees, according to the specific circumstances;
3.Organizations
with code (bureau of technical supervision);
4.Enterprises
with foreign investment approval certificate copy;
5.Business
license of enterprise legal person is copy.
6.Official
seal, contract seal, financial seal or the special invoice seal, the legal
representative of right one;
7.Organization
code certificate, copy and legal code certificate;
8.The
tax registration certificate (positive, copy), the registration form;
9.Statistical
card (is, copy);
10.Business
registration certificate of foreign exchange;
11.The
copy of registration certificate, and the registration form.
Total
Time required-7~8 weeks.
Taxation
service content of WFOE in Beijing
1. The
first to open a bank tax agreement (with related documents)
2. Report
to the national tax, fill out the company's basic information.
3. After
the report, with the member that agreement to find tax deducted for online tax
deduction, for after what shall pay tax (usually the business tax and
surcharge) will give the company a user name and password. (sign (binding)
online tax and tax, duty, if any, to handle the duty, land tax, if no duty,
then only go through the land tax.)
4. Then
report to the local tax, fill out the financial system and the software for the
record report:
5. Buy
the invoice
Contact
us
If
you have further queries, please contact Tannet
24
hours Malaysia hotline：603-21418908;
24
hours Hong Kong hotline：852-27837818;
24
hours Hong Kong hotline：86-755-
36990589;
Email:
mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my