If you want to invest in Guangzhou China, you don’t have to turn to the relevant government departments for so many certificates and formalities, but just turn to Tannet. At Tannet we not only give you tailor-made service for your need, but also for your satisfaction. Tannet’s services are business-orientated and value-orientated. Tannet — serving the world of BPO,ITO and KPO businesses trustfully and professionally.
I.OVERVIEW OF GUANGZHOU
Guangzhou is the capital city of Guangdong Province, the political，economic and cultural center of south China as well as the wholesale market worldwide. It is located in the north of the Pearl River Delta, adjacent to Hong Kong and Macao. Guangzhou has an area of 7,434.4 Square Kilometers and with a population of more than 10 million. Recent years, Guangzhou has paid highly attention on the basic infrastructure and ecological environment construction. It is a good option to set up your headquarters in Guangzhou to expand business all over China with her geographic advantage, as well as the global market. Below are the processes for WFOE registration.
II.THE CONCEPT OF WFOE
WFOE stands for wholly foreign owned enterprise, which is a limited liability company wholly owned by either a foreign legal entity or a foreign natural person. The foreign investors may be foreign enterprises or individuals from Hong Kong, Macau, Taiwan or overseas.
III. GUANGZHOU WFOE COMPANY NAME
In Guangzhou China, only Chinese company names are officially used, while English company names are for reference only. Not every name will be accepted by the Industry & Commercial Administration Bureau ( ICAB）. Your company name must be distinguished from the other registered names. If the word “China” is within the company name, it is required to be pre-approved by ICAB at national level in Beijing.
IV. SHAREHOLDER, DIRECTOR, MONITOR &LEGAL REPRESENTATIVE
Shareholders, directors, monitors and legal representative should be considered and arranged before the business setup.
1. A shareholder could be either a legal person (foreign company) or a natural person (individual).
2. A director could be acted by a foreign person or a Chinese person，above18 years of age.
3. A monitor should be appointed to supervise the company’s operation and management. A monitor could be acted by a foreign person or a Chinese person.
4. A legal representative is a person in charge of corporate operation, management and development, responsible for all the legal affairs arising from the running of the businesses.
V. GUANGZHOU WFOE BUSINESS SCOPE
The WFOE can conduct business according to its approved business activities described on the business license. Business scope is affected by varied business names and registered capital. You are invited to contact ATAHK for further consultation.
VI. REGISTERED AND PAID-UP CAPITAL
In Guangzhou China, there is no specific limitation for the amount .the registered capital could be as low as RMB 100,000 Yuan, capital requirement subject to different business sector.
VII. GUANGZHOU WFOE REGISTRATION WORKING PROCEDURE:
Step 1, Enquiry and Consulting;
Step2, Fill out the application form, sign the agreement and arrange advance payment;
Step 3, Prepare statutory documents for investors to sign personally;
Step 4, Forward documents to related government department;
Step 5, Keep clients informed of the processing;
Step 6: Fulfill the agreement and settle accounts;
Step 7, Hand over all the company kit to clients, and sign the receipt.
VIII. OUR SERVICE PACKAGE
Our package services for WFOE setup include:
One, company name check and confirmation.
Two, articles of incorporation drawn-up and preparation/compilation of relevant documents to be presented to government departments.
Three, submission of relevant application forms & documents to government departments and follow-up.
Four, Registration Receipt at Bureau of Foreign trade and Economics
Five, Business License (Please note that nowadays the Business License, the Organization Code Certificate, the Tax Registration Certificate are combined into one certificate).
Six, engraving official stamp, financial stamp (for record of public security authorities) and personal seal of chief Representative.
IX. TANNET FOLLOW-UPS ON GUANGZHOU WFOE
TANNET can provide a series of business follow-up services such as monthly bookkeeping and tax return, annual return services, internal auditing, financial planning and tax layout, China policy & market study. Other services include domain name registration, export and import license permit webpage design, website promotion, China trademark registration, Work Permit, Residence Permit, etc. in order to pave a smoother and wider way for your China business success.
X. WHY CHOOSE TANNET?
1. TANNET is a professional business service outsourcing company, serving the world of business professionally and reliably since 1999.
2. TANNET is based in grand China, with an international focus, targeting at valued investment and strategic developments.
3. TANNET has built up nine service centers forming a massive international service platform, especially for SMEs. You are welcome to visit www.tannet-group.net for more.
4. In ten years’ growth, TANNET developed rapidly to more than 39 holding subsidiaries, over 3,000 cooperators, and in excess of 60,000 reliant clients globally. You can exchange resources among the TANNET’s clients.
5. TANNET is staffed by a professional team of industrial advisers, lawyers, accountants, engineers and consultants, with a wealth of experience, both in their respective professions with global expertise.
6. Through a ten year reputation, TANNET can provide its valued clients with the best 24/7 quality services, especially tailor-made to the customer’s needs.
CONTACT US
If you have further queries, don’t hesitate to contact TANNET anytime, anywhere by simply visiting TANNET website english.tannet-group.com or calling Hong Kong hotline at 852-27837818 or China hotline at 86-20-87550061, or emailing to atahk@aliyun.com . You are also welcome to talk with us online by simply joining our MSN: atahk@aliyun.com. Unit 1001, 10/F, Blk A, Fengxing Plaza, NO.67 East Tianhe Rd, Guangzhou, China.
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