China trading company registration is popular among first-tier cities in China like Guangzhou, Shenzhen, Shangha, etc. A trading company also has an import export license that enables it to import and export goods out of China. One of the main reasons companies open a import export company is to reclaim their VAT back. The Shanghai free-trade Zone is one of the fastest places in China to get your VAT back, thus many companies choose to register in Shanghai.
How to Start a Trading Company in China
1. Determine the business scope
The first step of starting at trading company is to specify the major products scope and business operation scope. Business scope is not quite common in the western countries, it can be called quite Chinese characteristics. The business scope just need to list the major trading products and use summarized words and terms. It is worth notice that a trading company can engage in general related consulting business as well.
2. Decide the business structure
The second priority for setting up the China trading company should be the right business structure pick-up. The limited liability company in China could be concluded as Wholly Foreign Owned Enterprise (WFOE) and Joint Venture(JV).
3. Find a location as registered address
Each China import-export company requires an office address to start the company incorporation in China. To start the entrepreneurship lightly without renting an office in China, you can choose our registered address alternatives to leave the hassle of locating, renting the office or paying the office management fee.
4. Choose the company name
The official Chinese name and English name of the china trading company can be found on the business license and the company stamp respectively. To navigate the international business with one unified English name is possible, just make the arrangement beforehand.
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Basic Information Required for Registration
1. For individual
A scan of your passport;
A Personal Bank Reference Letter;
Choose a name for the your China WFOE;
Choose a location for the company in China.
2. For corporate
A Passport Scan of the Director(s);
A Certificate of Company incorporation;
A Company Bank Reference Letter;
All Documents need to be notarized by the Chinese Embassy.
As an import-export trading company, VAT refund should bring into consideration right after the export. Please make sure the export invoice, purchase invoice and remittance slip or receipt of settlement of foreign exchange are properly preserved.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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