Corporate Formation in china

1. Brief Introduction to Guangzhou,Guideline To Register Company Set Up Business Corporate Formation Company Registration In Guangzhou China Brief Introduction to Guangzhou Guangzhou is situated at the heart of the most-populous built-up metropolitan area in mainland China, an area that extends into the neighboring cities of Foshan, Dongguan, and Shenzhen, forming one of the largest urban agglomerations on the planet. Guangzhou is regarded as one of the central cities of China and core cities of the Pearl River Delta, Guangzhou has long been the top choice for multinationals for investment deployment in China since China's reform and opening-up. The Outline of the Plan for the Reform and Development of the Pearl River Delta (2008-2020) (the Outline) gave Guangzhou new roles, namely China's central city as well as a comprehensive portal city and a regional culture & education center; It also put forward that Guangzhou shall be built into the "best place" in both urban and rural Guangdong and an metropolis with international exposure and serving China as well.

2. Guangzhou Profound historical connotations Guangzhou Profound historical connotations Today's Guangzhou is an important commercial center of China. With the goal of developing into an international commercial and trade center, it has worldwide reputation for hosting China Import and Export Fair, and the goods made in Guangzhou are sold across the globe. Relying on its unique geographical location and backed by the abundant Pearl River Delta, Guangzhou remains strong as a great oriental port despite twists and turns. Guangzhou Econom Guangzhou Economic Environment ic Environment Since China launched the reform and opening-up campaigns more than 30 years ago, Guangzhou's economy has been expanding at an average annual rate of 13%. Today, Guangzhou ranks third among major Chinese cities in terms of comprehensive economic strength. The city's industrial and agricultural production has been increasing constantly and foreign trade has been growing by leaps and bounds. Guangzhou is a central city in China's economic growth with a solid foundation in industry, a flourishing tertiary industry sector and balanced economic development. Guangzhou Superior Geographical Location Guangzhou Superior Geographical Location

3. Guangzhou has superior geographical and regional advantages. In terms of distance, Guangzhou is located in the geometrical center of the economic circle of Southeast Asia and therefore it is equidistant from Japan and Southeast Asian countries within a flight voyage of 3 to 4 hours in general. Guangzhou Guangzhou- -Powerful Market Stimulating Effects Powerful Market Stimulating Effects As the central city of South China and the Pearl River Delta, one of China's top three economic powerhouses, Guangzhou has long played an essential role in stimulating the economic development of the South. With the formation of the China-ASEAN Free Trade Zone, Guangzhou's status as an economic hub will grow and its stimulating effects on economic growth will expand throughout Southeast Asia; this will open up enormous business opportunities for multinational companies operating in Guangzhou. Guangzhou Guangzhou- -Powerful industrial clusters Powerful industrial clusters Guangzhou has appraised as the "national base for auto and parts export", "national electronic information industrial base", "national pharmaceuticals export base", "national bio-industrial base", "national software industrial base", "national online animation industrial base", "national software export innovation base", "national base for new materials

4. for environmental protection under the Torch Plan", "national high-tech industrial base for the IT industry", "national high-tech industrial base for the new material industry" and "China's service outsourcing base city (demonstration city)", etc. Guangzhou Guangzhou- -A huge consumer market A huge consumer market Guangzhou is a huger consumer market, boasting 364.8 billion yuan of citywide retail sales of consumer goods in 2009 and directly leading the consumption concepts and fashions of over 40 million relatively affluent groups in the Pearl River Delta. Guangzhou Guangzhou- -Plentiful Foreign Trade Wholesale Markets Plentiful Foreign Trade Wholesale Markets Guangzhou has built a wholesale market system with complete functions covering the entire nation and is linked to the international marketplace. In 2006, the city was home to 586 wholesale markets including 115 sizable ones.

5. With the improvement of industry vitality, infrastructure, business cost, talent and innovation, the city will attract more global capital, technology, talent and information, and make itself more internationally competitive. 283 Fortune Global 500 companies, have established their Chinese branch headquarters in the city. Microsoft, IBM, Samsung and Cisco are among the many that have chosen to make Guangzhou their home in mainland China. The cost of operation in Guangzhou is low, which is an advantage for potential investors. According to the statistics made by global property investment adviser Jones Lang LaSalle, as of the third quarter of 2015 the cost of renting office space in Guangzhou has reached 160 yuan a square meter per month, accounting for 43.5 percent and 52.1 percent of that in Beijing and Shanghai. Guangzhou ranks last among Beijing, Shanghai and Shenzhen, with the cost of human resources in Guangzhou being 80 percent of Beijing and 85 percent of Shanghai. The average housing price of Guangzhou is about 54 percent of Shenzhen, 55 percent of Beijing and 61 percent of Shanghai. For more information about Guangzhou,Please visit http://www.eguangzhou.gov.cn/index.html http://english.gz.gov.cn/gzgoven/index.shtml Guideline To Register Business In Guangzhou,Offer Complete Range Of Company Set Up Corporate Formation Business Registration Services Guangzhou China Guangzhou Business Formation also can be understood as: Guangzhou company

6. setup, Guangzhou corporate formation, Guangzhou business setup, Guangzhou company registration, Guangzhou business establishment and Guangzhou business registration. To facilitate people who want to invest and set up business in Guangzhou, here is an introduction of Types of business presence in China: Before starting up a business in China, you have to know what are the options. Foreign Investors generally establish a business presence in China in one of five modes: Wholly Foreign Owned Enterprise (WFOE); Representative Office; Foreign Invested Partnership Enterprises (FIPE); Joint Venture and Hong Kong Holding Company. Wholly Foreign Owned Enterprise (WFOE) is a Limited liability company wholly owned by the foreign investor. WFOE requires registered capital and it's liability of equity , can generate income, pay tax in China and it's profit could be repatriate back to investor's home country. Any enterprise in China which is 100 percent owned by a foreign company or companies can be called as WFOE. Representative Office (RO) is a Liaison Office of it's parent company. It requires no registered capital. It's activities would be: product or service promotion, market research of it's parent company's business, Quality Control liaison office etc in China. RO generally is prohibited to generate

7. any revenue nor generating contracts with local businesses in China. Joint Venture (JV) is a Limited liability company formed between Chinese investor and Foreign investor. The parties agree to create a entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. JV usually been used by foreign investor to engage the so called restricted in areas such like: Education, Mining, Hospital etc. Since March 1, 2010: Measures of Establishment of Foreign Invested Partnership Enterprises (FIPE) in China is taking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Establishment of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Guangzhou, Beijing, Shenzhen, Hangzhou and rest cities of China Hong Kong Company usually been used as a Special Purpose vehicle (SPV) to invest Mainland China. Hong Kong is one of the quickest locations to Incorporate a business. Although a HK company is not a legal entity in Mainland China (MainlandChina and Hong Kong, See Wiki 1 country, 2 systems), lots foreign investors, especially investors from Europe and North America still chose to setting up a Hong Kong company as SPV to invest China.

8. After China's entry to WTO, most industries in China welcome foreign investment, WFOE setting up in China becomes the first option of foreign investment's entity structures instead of Rep Office setting up in China At the mean time, for tax purpose, effective licensing system etc more and more investors use Hong Kong as the holding company to invest China mainland, using this offshore company to hold their operations in China. Business set-up in Guangzhou is a big project by itself, which requires financial and time commitments, business management knowledge and China expertise. Identifying a competent agent to manage the complex process will be a cost and time effective way to avoid potential pitfalls. Tommy China Business Consulting has direct connections in the local government Since 2006, TCBC has been focusing on consulting services for our clients to invest in Guangzhou China. We are specialized in establishment of wholly foreign owned enterprises (WFOEs), setting up of offshore companies, trading services, tax minimization,Assist in obtaining government approvals and certificates for running business, negotiate and draft various legal documents provide legal advice, negotiate government officer for Land acquisition

9. Advising on formation of WOFE and business structures ,managing and controlling WOFE in Guangzhou China, drafting privacy policies and structuring commercial transactions TCBC will manage all aspects of incorporation to get you a business license in Guangzhou China. We offer a range of company formation services including helping you to set up: -Wholly Foreign Owned Enterprises (WFOE ) -Representative Offices -Joint Ventures (Equity/Co-operative) -Foreign Invested Partnership Enterprises (FIPE) -Hong Kong Holding Company. Please visit: http://www.tommyconsulting.com/CorporateFormation.html Email: tomlee@tommyconsulting.com, Skype: tomleeli WhatSapp/Wechat/Cell Phone: +86 18926401128