To answer some of your most frequently asked questions about our China business services, we've compiled a list to help assist you quickly answer any queries you may have.
Shenzhen & Guangdong Company Setup (inc. WFOE in China)
Prepare the shareholder certificate, letter of good standing from the bank. Find an office in China. Make the application (of course better find a professional agent in China to help you).
Three: WFOE, Representative Office, Joint Venture.
A limited company, such as a WFOE.
Wholly foreign owned enterprise.
They are the same, it is just that some people refer to this company in either way.
Rep.Office：High tax, could not hire Chinese employees directly.
WFOE/JV: Slow registration time.The benefit of all is that if you aim to run a business in China, any will allow you to do so.
Yes, both will be very useful. Different companies help you solve different problems.
No, you dont. Hongda Business Services can help you to do this while you are abroad.
Hong Kong Company Registry
No, you dont. An individual is permitted to start a company in HK.
10,000HKD as standard.
There are no drawbacks. Only benefits, given that it is cheap and fast to set up.
Yes, having both gives your business a lot more options than just one or the other.
After HK company registration you can go to the bank directly.
No, you dont. Hongda Business Services can do this for you.
No, you dont. Hongda Business Services can provide one.
Taxes In China
The employer, as a company, needs to pay the profit tax when making a profit.
Individual income tax is taxed according to 7 different levels. There is a formula to calculate this.
Different areas of China do have different discount policies.
No, you cant. These are two different tax areas.
If an individual works in China or Hk at any time and receives a salary he must declare this to pay IIT (individual income tax).
WFOE/JV can.Rep. Office cannot.
Yes, but the system here is all in Chinese and Chinese accounting law is different from that of the rest of the world.
If your company has much accounting work, you perhaps need to. But we advise that you will usually benefit from the accounting service from Hongda Business Services.
Banking In China
With company and investor information and going to the bank directly. Bank staff usually speak some English in China, but perhaps not very well.
Company registration documents. and the directors' passport.
No. A Chinese company cannot open the bank account in HK.
HK and Mainland China are two different areas which follow the different law.
HK: Just receive as normal.
China: Receive and inform the bank what it is for.
HK: As easy as in the West.China: It is possible, but hard as the bank will require many documents from them.
Abroad: Yes.China: Yes.
Human Resources in China
Find them through website, agent, friend introduce and others. Apply for their China work visa which Hongda Business Services can do for you.
WFOE/JV: No limit
Yes, in Chinese and English.
Yes, we advise this.
No, he cant.
Depends on the labor contract valid time. The Maximum period is 6 months.
This is a complex task that needs a lot of explanation - please contact Hongda Business Services to discuss, as we can offer this HR advice.
Possible, but it depends on the reason and evidence to dismiss him.
China Visa Application (+ China Work Visa For Foreigners)
It takes two month and 6 visits to government departments to get the Z visa (temporary residence permit). Hongda Business Services can assist with this complex procedure.
Education certificate, medical report, Company license.
Apply through Hongda Business Services or China embassy directly.
Invitation letter, company documents and passport + visa application form.
Z: work visa
F: business visaM: Before is F, now it is M.
1. Going to a trade show
2. Intending to set up a company
3. Collaborating with a client
4. Consulting on behalf of a foreign company
5. Visiting a client?
China Trademark Registration
Design the logo, and select which product or service your trademark is used for from the permitted categories. It is a long and complex process, and so assistance from a professional agency like Hongda Business Services will save you a lot of time and work.
Yes, you need to. Please note the "Ipad" case in China.
Logo, owner documents, application forms.
1. Charge in court.
2. Economy lawsuit takes 1 -2 years.
Hongda Business Services are able to consult on IP lawsuits and advise the best course of action.