Is it possible to seek the dormancy for a company registered in China? The answer is yes though it is not exact dormancy. The way is to keep nil return filing and lower the cost to maintain the company in compliance.
What should I do in order to keep the non-operating company in compliance?
1.The registered address should be valid. It can be a virtual office which is usually renewed once a year. And the address should be able to receive government mails. Using a virtual office, the rent can be hugely decreased.
2.The tax filing should be done in time. When the company is not operating, the company still needs to file tax in time, monthly and quarterly. It can be nil return filing.
3.The annual reports should be filed in time. Once a year, the company should file annual reports to both Company Registry and Tax Bureau.
How much do I need to pay for the virtual office and the timely nil return? It depends on the area the company is registered. The virtual office fee differs in different cities and districts. For the exact cost, you may contact us and we will provide more info for you. Cell: 86-755-82148419 and wechat: 13823131503.