Malaysia
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Quanzhou WFOE
Registration - Overview of Quanzhou
Quanzhou is the famous hometown of overseas Chinese, and is
also the ancient "Silk Road on the Sea" starting point. Since reform,
Quanzhou strives to make good use of the national and provincial conferred t
policies and flexible measures, as a result, a market-regulated, export-oriented
economy, the development of a variety of economic sectors, comprehensive
economic strength has markedly increased. Now, with China's accession to the
WTO, more and more foreign companies are interested to invest in Quanzhou.
Quanzhou WFOE
Registration - The Concept of Wholly Foreign-Owned
Wholly foreign-owned enterprises (including Hong Kong, Macao
and Taiwan investors), according to the "People's Republic of China
Foreign Enterprise Law" and other relevant laws, is the establishment of
investment in the Chinese territory. Foreign investor in this case refers to
the foreign enterprises and individuals or partners (including Hong Kong, Macao
and Taiwan).
Quanzhou WFOE
Registration - The Definition of Investment
To standardize the management of foreign enterprises to
invest in China, the Chinese Administration of Foreign Exchange defines as
foreign enterprises as overseas enterprises (foreign enterprises including Hong
Kong, Macao and Taiwan enterprises) and states that the enterprise's equity
must be held by offshore entities( including Hong Kong, Macao, Taiwan). But
some areas might have different standards.
Quanzhou WFOE
Registration - Company Name
The company name ends with “Limited”, the company name
generally should be composed of the following parts: "Quanzhou (city) +
Text (traders) + industry (or industry characteristics) + Ltd.";
Quanzhou WFOE
Registration - The Registered Capital and Paid-Up Capital
In China, registered capital for different business nature
and industries are different. The registered capital requirements allowable to a
certain time frame, must be put in place. Recommendations of registered capital
are as follows: consultancy type: 100,000; trade-registered capital: 500,000;production
type: 1 million. The paid up capital must be injected (at least 15%) three
months after completion of incorporation of company, the remaining can be
injected in two years’ time.
Tannet Malaysia is an International Consultant Firm based in Hong Kong, Shenzhen. We provide one stop business solution to those who are interested to invest oversea. Kindly contact us for more information!
Contact us:
If you have further queries, please contact Tannet.
24 hours Malaysia hotline:603-21418908;
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24 hours Shenzhen hotline:86-755-
36990589;
Email: mytannet@gmail.com
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