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How to Open a Company in
China
A presentation brought to you by
LawyersChina.net
1
2
Investing in China >>
• China is a country that cannot be
overlooked on the map of foreign
investments destinations.
• The country’s large size and potential for
development are two of the main reasons
why foreign investors choose to open a
company in China.
3
>> Investing in China
• China has the second largest economy in
the world as of 2013.
• The country encourages foreign direct
investments and there are several policies
for small and medium sized companies
and firms that focus on protecting the
environment and using energy effectively.
• There is also an important focus on rural
areas that can benefit immensely
from foreign direct investments.
4
Types of Companies in
China
• There are several types of legal
entities you can choose from when
opening a company in China:
 wholly owned foreign
enterprise (WOFE);
 joint ventures;
 equity joint ventures;
 cooperative joint ventures.
• Our Chinese lawyers can help you select
the best type of company for your
business needs.
5
Wholly Owned Foreign
Enterprise in China >>
• A wholly owned foreign
enterprise (WOFE) is a company in
China owned by a foreign investor.
• Its capital is provided solely by a foreign
entrepreneur and it can use foreign
currency, machinery, equipment and
proprietary technology.
• The profits made in China by this foreign
company can return abroad.
6
>> Wholly Owned Foreign
Enterprise in China
• While some industries in China are
regulated so that foreign investors are
restricted or prohibited, other industries
like new technology and equipment
encourage and sustain wholly owned
foreign enterprises.
• If you are interested in establishing a
WOFE company in China, you may
contact our local lawyers.
7
Other Forms of Doing
Business in China
• Foreign investors in China can also open
a representative office or a Hong Kong
company.
• The minimum share capital for a
company in China can depend on the
type of company, as well as the business
field in which it operates.
• For more information about setting up a
company in China or for a personalized
offer, our Chinese lawyers are at your
disposal.
8
The Business Context in
China >>
• China is opening more towards foreign
investments and one step for
encouraging new business ventures is
the formation of the Shanghai Free Trade
Zone in 2013.
• This zone has no necessary minimum
share capital for companies and offers a
simplified business incorporation
procedure.
9
>> The Business Context
in China
• Our lawyers in China can also give you
detailed information about the taxation
laws for Chinese companies and the
applicable taxation regime for foreign
companies in China.
• Every company must register at the
local and national tax offices within 30
days after its incorporation in order to be
a recognized as a taxpayer in China.
10
Legal Assistance in China
• Our Chinese law firm offers
complete and personalized business
solutions.
• You can contact our lawyers in
China, if you want to open a
company in this country.
Thank you for your
attention!
For more information please contact us at:
(+44)203-287 0408
office@lawyerschina.net
www.lawyerschina.net
11

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How to Open a Company in China

  • 1. How to Open a Company in China A presentation brought to you by LawyersChina.net 1
  • 2. 2 Investing in China >> • China is a country that cannot be overlooked on the map of foreign investments destinations. • The country’s large size and potential for development are two of the main reasons why foreign investors choose to open a company in China.
  • 3. 3 >> Investing in China • China has the second largest economy in the world as of 2013. • The country encourages foreign direct investments and there are several policies for small and medium sized companies and firms that focus on protecting the environment and using energy effectively. • There is also an important focus on rural areas that can benefit immensely from foreign direct investments.
  • 4. 4 Types of Companies in China • There are several types of legal entities you can choose from when opening a company in China:  wholly owned foreign enterprise (WOFE);  joint ventures;  equity joint ventures;  cooperative joint ventures. • Our Chinese lawyers can help you select the best type of company for your business needs.
  • 5. 5 Wholly Owned Foreign Enterprise in China >> • A wholly owned foreign enterprise (WOFE) is a company in China owned by a foreign investor. • Its capital is provided solely by a foreign entrepreneur and it can use foreign currency, machinery, equipment and proprietary technology. • The profits made in China by this foreign company can return abroad.
  • 6. 6 >> Wholly Owned Foreign Enterprise in China • While some industries in China are regulated so that foreign investors are restricted or prohibited, other industries like new technology and equipment encourage and sustain wholly owned foreign enterprises. • If you are interested in establishing a WOFE company in China, you may contact our local lawyers.
  • 7. 7 Other Forms of Doing Business in China • Foreign investors in China can also open a representative office or a Hong Kong company. • The minimum share capital for a company in China can depend on the type of company, as well as the business field in which it operates. • For more information about setting up a company in China or for a personalized offer, our Chinese lawyers are at your disposal.
  • 8. 8 The Business Context in China >> • China is opening more towards foreign investments and one step for encouraging new business ventures is the formation of the Shanghai Free Trade Zone in 2013. • This zone has no necessary minimum share capital for companies and offers a simplified business incorporation procedure.
  • 9. 9 >> The Business Context in China • Our lawyers in China can also give you detailed information about the taxation laws for Chinese companies and the applicable taxation regime for foreign companies in China. • Every company must register at the local and national tax offices within 30 days after its incorporation in order to be a recognized as a taxpayer in China.
  • 10. 10 Legal Assistance in China • Our Chinese law firm offers complete and personalized business solutions. • You can contact our lawyers in China, if you want to open a company in this country.
  • 11. Thank you for your attention! For more information please contact us at: (+44)203-287 0408 office@lawyerschina.net www.lawyerschina.net 11