ATAHK Hotline86-755-82143422

Page index: Home > » Biz Startup » Beijing Company Incorporation

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service

Update Date:2019-9-5 10:21:03     Source:www.3737580.com     Views:240

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service

Hotline:010-58674909  Email:2355725185@qq.com

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,Beijing Foreign Invested Partnership Enterprise (FIPE) Formation is also called Beijing FIPE registration, Beijing FIPE setup, or Beijing FIPE incorporation. Beijing FIPE formation is establishing an unlimited liability business entity without minimum requirements on registered capital. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested. A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People's Republic of China to authorize and govern partnership enterprises. The term FIPE refers to general partnerships and limited partnerships which may be established within China by individuals, legal persons and other organizations. A state-funded company, state-owned company, listed company, public welfare-oriented public institution or social organization may not become a general partner of a limited partnership.

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,Beijing FIPE Formation-Different Types of FIPE
Beijing foreign-invested partnership enterprises mainly include the following types:
1. General partnership Enterprise (GPE): A general partnership enterprise may be formed by general partners who bear unlimited joint and several liability for the debts of the partnership. The general partners share unlimited liabilities for the debt of the partnership.
2. Limited partnership enterprise (LPE): A limited partnership enterprise is formed by a combination of general partners and limited partners where the limited partners bear the liabilities for the partnership's debts to the extent of their capital contributions.
3. Special General Partnership enterprise (SGP): A special general partnership enterprise resembles a general partnership except that it must be a professional service institution offering services requiring professional knowledge and special skills. The structure shields co-partners from liabilities due to the willful misconduct or gross negligence of one partner or a group of partners. It is very similar to limited liability partnership in Europe and America.

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,Beijing FIPE Formation-Capital Contribution
A partner may contribute capital to the partnership to garner a share of the partnership's profits or losses. A capital contribution may include money, intellectual property right, land use right or other properties, or labor services at a valuation determined by agreement among the partners. If the partnership is a limited partnership, then the limited partners may not make capital contributions with labor services.

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,Beijing FIPE Formation-Overview
For a FIPE, a partner may contribute capital to the partnership to garner a share of the partnership's profits or losses. The capital contribution may include money, intellectual property right or other properties, and even labor services at a valuation determined by agreement among the partners.

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,As for profit distribution, the default format is to follow the percentage of capital contributions made by the partners. However, it can be fully decided by the partners provided in the partnership agreement in the way unnecessarily in proportion to the capital contribution.

Beijing Foreign Invested Partnership Enterprise (FIPE) Formation Service,Generally, a FIPE as a whole is only subject to Business Tax whose rate in most occasions is 3-5% of the turnover. No corporate income tax is required. The partners shall pay respectively their partnership income tax.

Contact Us
Beijing Tel: 86-10-58674909 58674407
Fax: 86-10-58674405
E-mail: 2355725185@qq.com
Website: www.beijing-company.net
Address: Room1506, UnitA, Fudun center, Dongsanhuan South Rd 58, Chaoyang District,BJ China

Back Home   Back Previous   BizBrainBase
查看下一篇: Madrid Trademark Registration Service