Shenzhen free trade zone is appealing to many international businesses, as Shenzhen is considered to be an economic center of trade and business in China, and has also been designated as an international city by the State Council. It’s no secret that Shenzhen has been able to rank ahead of all the large and medium sized cities in China. If you are an individual entrepreneur or a small company without experience or knowledge about doing business in China, Tannet can support you by providing a full range of consulting services.
Why Establish a company in Shenzhen Free Trade Zone?
Shenzhen Free Trade Zone is located close to Hong Kong, Macao, Guangzhou, Zhuhai, Dongguan, Zhongshan city. This unique geographical location has been one of the leading factors for the incredible success that the free trade zone has achieved in recent years.
Apart from the air, sea and land transport resources, international brands also get to take advantage of the Shenzhen airport, Hong Kong and Shenzhen airport cargo port located in the west and western regional gathering deep rapid rail, Guan City Line. Other transport links to the Shenzhen Free Trade Zone include links to Hong Kong and the Pearl River Delta Cities, which all help in establishing Shenzhen’s geographical prowess, especially when it comes to international trade.
As the name suggests, the free trade zone boasts unmatched financial advantages and tax breaks that make doing business here a profitable venture. The corporate tax rate in Shenzhen Qianhai Free Trade Zone is just 15% (as compared to the national average of 30%). This reduced tax presents businesses a golden opportunity to start and operate a company on Chinese soil.
Required Information for Registration
1. Investor’s identity and registration documents;
2. Letters of appointment and identity documents of the directors, supervisors and managers;
3. Letter of appointment and identity document of the legal representative;
4. Agreement of residence management;
5. Residential lease agreement or property ownership certificate;
6. Pre-approved documents or certificates (if applicable).
Registration Process
It’s easy to see why many international businesses are looking to setting up a Shenzhen Free Trade Zone. Today, many businesses have entered into the Zone to take advantage of all its benefits. The registration procedures are as below:
1. Approval of company’s name;
2. Setting up of filing;
3. Registration of One Code for One License for industrial or commercial business and application for multi-license in one;
4. Application for business license;
5. Seal engraving;
6. Managing foreign exchange registration;
7. Opening a bank account.
If you are looking to enter the Chinese market, then Shenzhen is a good choice. Tannet is in the best position to offer all of our clients a quick and hassle-free process for starting a business in the Shenzhen Free Trade Zone. What is more, we also provide a full range of followup services, like accounting and tax filing, payroll management, work visa/residence permit application, intellectual property protection and barcodes application, etc.
Contact Us
If you have further queries, don’t hesitate to contact Tannet 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 86-755-82143181 or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen South Rd, Luohu, Shenzhen, China.
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