Shenzhen Free Trade Zone Company Registration

Shenzhen Free Trade Zone Company Registration
Hotline: 86-755-82143023 Email: 2355725150@qq.com

Shenzhen Free Trade Zone Company registration refers to company creation in Qianhai Free Trade Zone. Established in 2010, the “QianHai Shenzhen-HongKong Modern Service Industry Cooperation Zone” is an area to the West of Shenzhen created to enhance business in the logistics, service, creative, financial, and IT fields in China with the close cooperation with Hong Kong.

Tax advantage:
The advantage for a Qianhai company lies in that the company has the qualification to apply for tax reduction from 25% to 15% for the company business profit tax. And for the company registered outside of Qianhai Free Trade Zone, the business profit tax is 25% and those whose annual business turnover is less than RMB 300,000 can be considered as small and micro business and apply for tax reduction from 25% to 10%. That is to say, you may consider the location by the factor of annual business turnover. If it is less than RMB 300,000, you may register the company in the common area outside of Qianhai Free Trade Zone. If it is higher than RMB 300,000, we shall suggest you register the company in Qianhai Free Trade Zone instead of outside of it.

Company name:
A Shenzhen company’s name is supposed to include the Shenzhen city name, the company’s brand name, the business type name, and ending with limited. Shenzhen city name can be put in the first word or can be put after the brand name. For example, either “Shenzhen Dolav Trading Limited” or “Dolav Shenzhen Trading Limited” is available. Only Chinese version of company name is officially used in mainland China; English company name is only for reference. And for the Import/export license and bank’s foreign currency accounts, the English company name shall be recorded as well.

Business scope:
When we register the company, we need to define the detailed business activities involved, such as wholesaling, retailing, import and export of clothes, electronic products. And the company name should show at least one business activity. For example, if the company both conducts business of trading and technology, then the company name should include trading or technology.

Registered capital:
Shenzhen city has preferential policy towards foreign investors. There is no strict requirement about the amount of registered capital. The minimum amount of registered capital for a foreign invested company can be as low as RMB 100,000 for a service or technology type of company. For a trading company, we shall suggest you to make the registered capital as RMB 500,000 or higher. You do not need to transfer the capital to the Shenzhen company account as soon as you open the Shenzhen company. You may transfer the capital into Shenzhen company account within 30 years by several different times or by one time, depending on your business plan and the convenience to arrange it.

Registered address:
Qianhai government provides virtual registered address for all Qianhai governments. The registered address is the same one for all companies registered in Qianhan. We shall help you apply for this registered address. However, this address can not be used for account opening. And to apply for the Qianhai registered address, we need to submit the lease certificate of the operation address in Shenzhen. We are able to provide the valid address for you. The address we provide can be used for company registration and account opening. But you can not work in it. It really exists in Shenzhen and officially recorded in Housing management office. The charge for it will be taken by annually.

Company members:
There should be at least 2 persons in the Shenzhen company for the registration. Legal representative, executive director and general manager can be acted by one same person while the supervisor should be acted by a second person. We suggest you arrange the legal representative to be acted by a person who is able to visit Shenzhen once a while. Because he/she will be needed in the tax office and bank or other authority office.

Documents required:
*Shareholders’ legalization documents;
*Shenzhen company members’ passport copies;
*Shenzhen proposed company name;
*Shenzhen registered address with lease certificate.

Timeline:
20 work days

Contact us
For further inquiries about investment in China, please do not hesitate to contact us at anytime anywhere by simply calling China hotline at 86-755-82143348, or emailing to amyhuang@citilinkia.com