Beijing Tannet Investment Consulting Limited


QQ : 2355725148 or 2355725145

Address: Rm1902, Bldg 17, Jianwai SOHO West, No. 39 Dongsanhuan Rd M, Chaoyang Dist., Beijing

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Beijing WFOE incorporation

Update Date:2015-11-10 14:10:43 Source:BeiJing Tannet Views:1130

Beijing WFOE incorporation (wholly foreign owned enterprise) is a business entity formed in China entirely with foreign capital. It is totally under foreign control and does not have any formal Chinese ownership participation. For a foreign company to be able to issue receipts and export goods from China, it must be able to legally registered as a local company or a WFOE. A WFOE is set up as limited liability entity and represents separate legal persons and is taxed according to local legislation.

Beijing WFOE Registration is also called Beijing WFOE setup, Beijing WFOE formation, Beijing WFOE incorporation and Beijing WFOE establishment.

Beijing WFOE incorporation-Advantages of WFOE in Beijing
1.Foreign company registered in Beijing, Beijing advantage without the requirement of the registered capital, not only save the start-up cost spending, has saved the time: the endowment, capital verification, change the business license of the time, greatly improving the efficiency of company registration;

2.Beijing foreign company registered geographical advantage, Beijing is the capital of our country, which combines political, cultural, economic and other diversified city, can be diversified development company in the industry;Also the company is headquartered in Beijing, radiation throughout the country to Beijing;

3.Beijing foreign company registration of foreign exchange advantages, a wholly foreign owned enterprise can be registered in the company, also can apply for foreign exchange, set up a foreign currency account, saved for late time;

Beijing WFOE incorporation-Application Documents for WFOE in Beijing
1.Notarization of a full range of WFOE information;
2.Name, business scope, registered capital of new company;
3.The new company legal person passport copy;
4.Seal of investor company;
5.Members of the board of directors appoint letter and identification are copies;
6’Members of the board of supervisors appoint letter and identification are copies;
7.Mobile, phone and E-mail of the legal representative;
8.The certificate of using the new set up company property (including the agreement that rent a house, house property copy ,domicile certificate, copy);
9. Articles of association.

Beijing WFOE incorporation-General service content.
1.Name authorization;
2.Business license of enterprise and its copy.
3.Official seal, contract seal, financial seal or the special invoice seal, the legal representative of right one;
4.Business Bureau for Record
5.Total Time required-5~7 weeks if all the required materials are prepared
Total Time required-7~8 weeks.

Beijing WFOE incorporation-Taxation service content of WFOE in Beijing
1.The first to open a bank tax agreement (with related documents)
2.Report to the national tax, fill out the company's basic information.
3.After the report, with the member that agreement to find tax deducted for online tax deduction, for after what shall pay tax (usually the business tax and surcharge) will give the company a user name and password.(sign (binding) online tax and tax, duty, if any, to handle the duty, land tax, if no duty, then only go through the land tax.)
4.Then report to the local tax, fill out the financial system and the software for the record report.

Contact Us:

Beijing Tel: 86-13717945838
Address: Rm1902, Bldg 17, Jianwai SOHO West, No. 39 Dongsanhuan Rd, Chaoyang Dist., Beijing, China

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