How Can Foreigner Create Shenzhen Company ?
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To create a Shenzhen Company is also called Shenzhen company creation, Shenzhen company registration, Shenzhen business setup, Shenzhen corporate formation, Shenzhen company incorporation, Shenzhen business establishment and Shenzhen business registration.Once your strategy is well defined, the decision to invest in Shenzhen has been taken with the approval of investors, and all human and financial resources have been gathered, you are ready to create your company. The advantage to have shenzhen company directly is that you can hire some workers in Shenzhen, receive payments in China without paying commission to an intermediate company, open a factory (or even a firm that requires specific structures).
Main Steps for Foreigner to Create Shenzhen Company
The standard procedures for Shenzhen company creation Company in the P.R.C. are:
1. Submitting your Chinese name for pre-registration for Shenzhen Company;
2. Approval by relevant ministries for restricted activities (education, law, medical and other fields);
3. Submitting required documents of Shenzhen Company, including the Article of Association, to the State Administration for Industry & Commerce (SAIC) to approve the registration;
4. Issuance of the Business License of Shenzhen Companyby SAIC;
5. Production of company seal, finance and legal representative seals;
6. Registration and approval by the Ministry of Commerce (MOFCOM);
7. Opening of the basic RMB bank account for Shenzhen Company;
8. Registration with the Tax Bureau for Shenzhen Company;
9. Tax invoice application & Tax machine set-up;
10. Opening of the Foreign Currency Capital Account for Shenzhen Company if you need;
12. Issuance of Customs Registration Certificate for importing and exporting companies;
13. Registration with the social insurance institution,which will vary based on business scope, investment level and location.
Timeline of Creating a Shenzhen Company
--Business License (1 week)
-- Shenzhen Company Chop (1day)
--Wholly Foreign Owned Entity Filing (1 week)
-- Shenzhen Company Import / Export License (2 weeks)
--Open Bank Account for Shenzhen Company (2 weeks)
--Customs and Excise Reporting Digital Key (1 week)
--Tax Authority Registration (1 day)
--Official Tax invoice Application (1 month)
-- Shenzhen Company Tax Rebate Filing (1 week)
Total: 1 month .
The follow-up works for foreign owned Shenzhen company you may need.
- Shenzhen working visa/business visa application
- Shenzhen Company Official Record Bookkeeping
- Issuance of Official Tax Receipts
- Issued Official Tax Receipts Verification
- Tax Refund Preparation and Filing for henzhen Company
- Monthly Tax Reporting for Shenzhen Company
- Monthly Banking Reconciliation
- Employee Social Insurance Preparation, Calculation and Registration
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82148419, or emailing to susiehu@citilinkia.com.