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RO registration in Yangtze River Delta China

Update Date:2018-1-17 10:26:49     Source:www.3737580.com     Views:313

Yangtze River Delta RO Registration
Hotline: 86-755-82148419, Email:Info@citilinkia.com

China Yangtze River  Delta RO registration is also called China Yangtze River  Delta RO setup, China Yangtze River  Delta RO formation, China Yangtze River  Delta RO incorporation and China Yangtze River  Delta RO establishment.

 

A Chinese representative office (RO) is a business association which is setup in China, to represent its overseas parent company aimed for China market research activities, or for liaison activities with Chinese businesses and customers. Establishment of an RO is subject to approval by the relevant authorities under Chinese law.

 

A RO is not considered to be a fully independent legal entity. It can not directly engage in business operation, issue invoices on its own, remit outward, sign sales or purchase contracts, or receive income from services performed. However, the parent company through its RO can enter into contracts with its supplier/customers in China in its own name, but not under the name of RO. A representative office is popular for those who are willing to enter China at the test period of business and investment.

 

China Yangtze River  Delta RO registration-general tax regulation
1. Business Tax (BT), which is based on monthly business operational expense, its rough rate is 5% based on your expenses. It is calculated according to the formula like this: BT= expenses/ (1-15%) ×5%.

2. Enterprise Income Tax (EIT), which is based on quarterly business operational expenses, its rate is 25%. It is calculated according to the formula: EIT = expenses/ (1-15%) ×10%×25%.

 

China Yangtze River  Delta RO registration-steps for registration
Step 1: Pre-approval from local government authorities concerned if business scope entails such pre-approval
Step 2: Apply for Business License with local State Administration for Industry and Commerce (SAIC)
Step 3: Chops made by Public Security Bureau (PSB)
Step 4: Organization Code License by local Bureau of Quality and Technical Supervision (BQTS)
Step 5: Tax Certificate by Taxation Bureau
Step 6: Registration and Approval with State Administration of Foreign Exchange (SAFE)
Step 7: Open Foreign Currency and RMB bank account
Step 8: Statistics license Registration with local National Bureau of Statistics

 

Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com

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