Malaysia Hotline: +603- 2141 8908
Guangzhou Company is a limited liability company set up in
Guangzhou. Shareholders are domestic companies or individuals of Chinese
nationality aged 18 years old and above, shall be responsible for the company
to the extent of the capital contributions they have paid.
GZ Company is broadly classified into: Guangzhou Domestic
Company, Guangzhou foreign funded enterprise, Chinese-foreign Joint Venture
(JV), Chinese-foreign Cooperative Joint Venture, Guangzhou Partnership Company,
Individual Proprietorship Enterprise etc.
Narrow Sense of GZ Company: Guangzhou Domestic Company
Company Name of
Guangzhou Company
The name of Guangzhou Company should be in the form of
Administrative division (Guangzhou) + Trade Name + Sector Expression +Limited.
Each enterprise shall use only one name and not be the same with or similar to
the registered name in the same industry. If the word “China” is within the
company name, it is required to be pre-approved by ICAB at national level in
Beijing.
Business Scope
Business scope is one of the most important issues in FIE
registration application, divided into the licensed business item and the
general business item. Licensed business item means a pre-approval is needed
before business license application. General business item means ordinary item
which can be registered in Bureau of Industry and Commerce directly. Guangzhou
Foreign Invested Enterprise can only conduct business within its approved
business scope, which ultimately appears on the business license. There is some
connection between business scope and register capital. Generally speaking,
larger register capital, more business items can be approved.
Shareholder, Director
and Manager, Legal Representative, Supervisor
- Shareholder must be Chinese natural person or
legal entity.
- Director and Manager can be the same person,
acted by shareholder, non-shareholder.
- Legal representative is a person in charge of
corporate operation, management and development, responsible for all the legal
affairs arising from the running of the business, acted by director, manager,
shareholder or non-shareholder.
- Supervisor shall not serve concurrently as legal
representative and senior management, acted by shareholder, non-shareholder.
Supervisor’s duty is that check the company’s financial condition; supervise
executives’ behavior of performing his duties, propose suggestions on
dismissing any director or senior manager whose behavior is contrary to laws
and regulations.
Documents &
Information Required
· - Company Name of Guangzhou Company
· - Determine shareholder, business scope
· - Determine register capital, shares allocation
proportion
· - Office address in China, 2x original leasing
contracts, 2x copies of house property certificate with company stamp or
signature of lesser and 2x landlord identification documents (The lessee should
be acted by legal representative or investor. The area is required no less than
30 ㎡
and for commercial use only with more than one year’s rent
and the lease contract should be endorsed by local Housing Management Authority)
· - ID Copy of Shareholder, Director, Legal
Representative, Supervisor.
Working Time Needed
-Manufacturing enterprise: 20-40 working days (the time of
approval papers application from the fire & environmental protection
bureaus is not included)
-Trading& Service enterprise: 10-15working days.
Guangzhou Company
Registration Service
- Guangzhou Company Business License
- Having a corporate seal engraved by the public
security authorities
- Seal Carving Registration card
- Organization Code Certificate
- Digital Certificate of Organization Code
Certificate
- National Tax and Local Tax Certificates
- Assist bank opening, but not including the bank
charges
- Three stamps (company stamp, financial stamp and
personal stamp of legal representative)
General Tax
Information
All enterprises are required to report to the Tax
Administration Department monthly, quarterly and annually. We provides
accounting services for our clients; you are welcome to contact us for more
information.
Annual Audit Report
Any limited companies in China should summit annual audit
report to the relevant authorities. Any company will be subject be to a fine if
the Annual Audit Report is not submitted in a timely manner.
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