China Company Credit Report

Why A China Company Credit Report Is Necessary When Doing Business in China?

As a foreign investor, the safety of your investment and transaction, as well as the veracity of your investment objective and counterparty, is a factor that you must consider while doing business in China.

Based on Hongda’s practices, main reasons for business failures and economic disputes between our foreign clients and Chinese enterprises include:

The invested company or transaction counterparty lacks legal capacity or corporation qualification: bankruptcy or cancellation/withdrawal of Business License prior to contract signing.
The transaction party does not have the business capability to perform contracts: failure to deliver goods, provide services or pay for contract prices.
The transaction party has a bad reputation of credit history and lacks certificates of good standing: a greater possibility or potential of breaching contracts.

Consequently, Hongda assists you in business decision making by investigating your target company and issuing China Company Credit Report for you to lower your risk and avoid economic losses. Hongda’s China Company Credit Report contains basic company information, financial status, registration capital, shareholder information, management staff, and other key information you may concern.

Situations You May Need China Company Credit Report:

Partner background auditing and investigation;
Competitor background investigation;
Investment decision making;
Selection of suppliers;
Project bidding selection;
Sales on Credit;
Loan taking between enterprises.

ITEMS (Click title for details)	STANDARD	ADVANCED
Contact Information Company Name Address Post Code Contact Number & Fax Website & Homepage
Business & Operation Information Business Type Industrial Category Import & Export Qualification Enterprise Scale Staff Numbers Business Income & Net Profit Total Assets & Net Assets Business Area
Registration Information Registration Date Registration Capital Operation Period Registration Authority Business Scope Legal Representative Unified Social Credit Code
Shareholder Information List of Shareholders Holding Ratio of Shareholders Introduction to Key Shareholders
Other Information Approved Licenses & Qualifications
Company Structure and Management Status Organizational Chart of Company Key Manager Information Branch Institutions Affiliated Enterprises
Registration Changes & Social Records Main Changes Record (Business Scope, Registration Name, Address, Registration Capital, Legal Representative, Operation Period, Shareholders) Bank Account Information Social Records Trademark & Patent Records Social Inspection Records
Enterprise Operation Status Environment of Operation Main Products & Services Procurement Sales Social Credit Records
Enterprise Financial Status Balance Sheet Statement of Income Cash Flow Statement Financial Ratio Financial Analysis
Evaluation and Ranking Development Trend Analysis Overall Credit Ranking

Sound United

Jack Peng
Sound United Vice President > Asia Pacific

Sound United la leading desianer and manufacturer of consumer audio products in the us) has been usina Honada Business Services since2013 Moving one's operations to China is not a small task, but Hongda's expertservices helped us set up a company and deal with tax issues so we could get on with qrowing our business inno time at a!l, and that's whywe continue to use them today.

Business service Guid

Hongda Business Services helps foreign businesses looking to establish in the PRD (Pearl River Delta, Guangdong), Shanghai and Hong Kong take advantage of everything that China has to offer. We typically work with companies in Shenzhen, Guangzhou, Zhuhai, Zhongshan, Shanghai, and Hong Kong.

How do I set up a company in Shenzhen or the PRD?

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).

Do I need to have a foreign company to start a company in China?

No, you could also use your personal name to start the company in China.

What are the drawbacks of a WFOE / rep office / JV?

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.

Do I need to personally go to China to set up the company?

No, you dont. Hongda Business Services

can help you to do this while you are abroad.

Do I need an actual office space to register a WFOE / rep office / JV?

Luckily now, you dont. Hongda Business Services can provide the office address for registration.

Which documentation do I need for a WFOE / Rep Office / JV?

Oversea investor's certificate, bank reference letter and office in China are the key documents for each company type.

Secure the Safety of Investment and Transaction
with Hongda's China Company Credit Report

Why A China Company Credit Report Is Necessary When Doing Business in China?

Situations You May Need China Company Credit Report:

WHICH PLAN IS RIGHT FOR YOU?

Contact Information

Business & Operation Information

Registration Information

Shareholder Information

Other Information

Company Structure and Management Status

Registration Changes & Social Records

Enterprise Operation Status

Enterprise Financial Status

Evaluation and Ranking