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Nanchang Representative Office Formation

Updated:2018-1-18 18:35:10    Source:www.tannet-group.comViews:50

Nanchang Representative Office Service
Hotline: 86-755-821434228, Email:tannet-solution@hotmail.com

Nanchang Representative Office (RO) is a common investment vehicle for mainland China-based business wherein foreign parties (individuals or corporate entities) can incorporate. Because forming a Rep Office in China is faster, cheaper and easier than forming a Wholly Foreign Owned Entity (WFOE), companies oftentimes consider forming a Rep Office in China to test the waters there, with the intention of switching over to a WFOE once it becomes clear China will be viable for them.        

Rep Offices are pretty much limited to engaging in the following:
Conducting research;
Promoting their foreign company owner;
Coordinating their foreign company owner’s activities in China;
Other activities that do not and are not intended to generate a profit.

Basic requirements for forming a Rep Office
1. The most important requirement is that there must be a lease on an approved space for a period of at least one year beyond the approval date of the Rep Office. Care should be taken with this requirement, since many jurisdictions accept leases only from a small group of approved office buildings. Shanghai, for example, is one such jurisdiction. The lease must be registered, which can also cause problems in some jurisdictions.

2. There must be a designated Chief Representative who will manage the affairs of the Rep Office.

3. There must a foreign entity (typically a limited liability company or a corporation) that the local office represents; private individuals and partnerships cannot establish a Rep Office in China. In addition, some jurisdictions in China do not allow newly formed entities to form a Rep Office.

Function of Nanchang Representative Office
1. Conduct research and survey for its parent enterprise in Nanchang;
2. Liaise with local and foreign contacts in Nanchang on behalf of the parent enterprise;
3. Conduct research and provide data and promotional materials to potential clients or trading partners;
4. Act as a coordinator for the parent enterprise's activities in Nanchang;
5. Make travel arrangements for parent enterprise representatives and potential Chinese clients.

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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