登尼特China is the world's most populous country, with 1.3bn people living on 9.6m sq km of land. The nation comprises 5 autonomous regions, 23 provinces, 4 municipalities and 2 special administrative regions. The huge land is rich in natural resources and cultural deposits. Due to its size, the climate, culture, as well as economic diverse. However, it's the great diversity makes China a most attractive place for both visitor and investor. Also since the implementation of the reform and open-up policy, China has been seen a booming economic, which brought not only numerous business opportunities, but also investors all over the world.
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China business plan is an essential roadmap for business success for the investors starting business in China. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues. A well-written business plan can mean the difference between success and failure -- not only when it comes to securing capital, but also as it relates to actually running your company. The business plan provides a roadmap that explains how the company will get from point A to point B.
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The investor applying for the establishment of an investment company should submit required documents to the foreign trade and economic cooperation department of the locale province, autonomous region, municipality directly under the central government, or the city listed as an independent unit in the state plan. Upon approval, the said foreign trade and economic cooperation department will forward the documents to the Ministry of Foreign Trade and Economic Cooperation for final examination and approval.
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Chengdu Offshore Banking Overview
Chinais in the midst of great economic and regulatory reform, including the banking sector. Clients interested in Chengdu offshore banking and wishing to open a Chengdu corporate bank account should note that the banking system is still developing.
A Chengdu corporate bank account is very suitable for companies conducting business within Chengdu, including those industries such as consumer and retail, financial institutions, healthcare, infrastructure and real estate and resources and energy. However, opening a Chengdu corporate bank account is a lengthy process.
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Sino-foreign Joint Venture Enterprises
Sino-foreign joint venture is an enterprise jointly invested and managed by foreign companies, enterprises and other businesses or individuals together with Chinese companies, enterprises or other businesses on China's territory. The special character of such enterprises is that the two sides make joint investment and practice joint management while they will together run the risk, and be responsible for the profits and losses in accordance with the proportion of the investment they make. Each side of the joint management can make its investment with currency or with buildings , machines, site usage right, industrial property right or exclusively-possessed technologies, whose values will be calculated. The proportion of foreign investment should not be lower than 25 per cent. The organizing form of a Sino-foreign joint venture is a limited-liability company with board of directors as its organ of supreme power.
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Chengdu Tax Return
According to the Chinese law, the taxpayer must file its Tax return within the prescribed time, no matter whether it has business turnover. Tax return is a record of your taxable income, calculated over the financial year, and the tax payable on that amount.
Chengdu Tax Return for Foreign-invested Enterprise
China adopts a low tax policy for foreign invested enterprise, and a preferential tax policy for the areas or those projects listed in the state encouraged industrial cTannetlogue for foreign investment. The date of tax return filling for foreign invested enterprise is 1April to 30May. Since April 2011, all companies, clubs, societies, associations and other unincorporated bodies should file their company tax returns online.
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Chengdu WFOE Formation-Advantages
1. Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner;
2. Ability to formally carry on business rather than just a representative office function;
3. Issue invoices to their customers in RMB and receive RMB revenues. Convert RMB profits to US dollars for remittance to their parent company outside.
4. Cheap labor, which can lower your cost;
5. Not required to share profits with Chinese counterpart;
6. Greater efficiency in its operations, management and future development.
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Opening a Hong Kong investment account in Chengdu is more convenient to you, if you have no enough time to open it in Hong Kong. Tannet can provide the service to help you choose a bank, make an appointment with bank for you, and give some information about bank accounts.
As we know, Hong Kong's history as a British colony has helped to keep it open to foreign investors. There are many financial services companies experienced in working with foreigners in Hong Kong that will help you open and run your investment account remotely.
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Do you need registry the China's Trademark in Chengdu? Do you know the required paper for registry the China's Trademark? Would you like to know the favorable polices to registry the trademark in Chengdu?
Chengdu ONO BBB offers the China's Trademark' registration service to foreigners and help them to protect their Brand. As we know, when you setup the company and run business in Chengdu, you must need registry the trademark for their company, and protect their own Intellectual Property.
Registered of the China's Trademark reason
China's large population, consumption gradually strengthens, has a great potential for development. As a result, intellectual property protection in China also becomes more important. The Chinese market be protected is equivalent to a quarter of the global market.
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Chengdu corporate formation is also called Chengdu company setup, Chengdu company registration, Chengdu business setup, Chengdu company incorporation and Chengdu company establishment.
Chengdu is one of the most important economic, transportation, and communication centers in Western China. According to the 2007 Public Appraisal for Best Chinese Cities for Investment, Chengdu was chosen as one of the top ten cities to invest in out of a total of 280 urban centers in China. In 2006, it was named China's 4th-most livable city by China Daily.
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WFOE (wholly foreign owned enterprise) is a business entity formed in China entirely with foreign capital. It is totally under foreign control and does not have any formal Chinese ownership participation. For a foreign company to be able to issue receipts and export goods from China, it must be able to legally registered as a local company or a WFOE. A WFOE is set up as limited liability entity and represents separate legal persons and is taxed according to local legislation.
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Pre-conditions for applying Guangzhou company import and export license
The company must have obtained Business License, National and Local Tax Registration Certificate and Organizational Code Certificate
The business scope described on the business license must include import and export business.
The company must pay tax according to law.
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Guangzhou Representative Office registration (RO) is established by foreign companies to engage in business liaisons, quality control, product promotion, market research, exchange of technology and other permitted activities in China.
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For company deregistration, a company must file an application with related government department. Owners should follow all the other steps to proper company dissolution.
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Guangzhou Company Registry-Definition of WFOE
The Wholly Foreign Owned Enterprise (WFOE) is a limited liability company wholly owned by the foreign investor(s).The foreign investor(s) can be a nature person or a legal entity. Investor(s) from Hong Kong, Macau, Taiwan is also defined as the foreign investor(s).
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Guangzhou work visa is in fact a residence permit of work category, which includes such three key elements as a work visa, alien employment permit and alien residence permit. The visa shall enable him/her to enter into the Chinese territory as a person identified to work in China; the employment permit evidences his/her legal employment in China and the residence permit evidences his/her legal residence in China. The residence permit may as well act as a multiple-entry visa. The citizens of Hong Kong, Macao and Taiwan who work in the mainland China only need to apply for their employment permits.
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Representative Office (RO) is established by foreign companies to engage in business liaisons, quality control, product promotion, market research, exchange of technology and other permitted activities in China.Beijing Representative Office Registration is also called Beijing Representative Office setup, Beijing Representative Office formation, Beijing Representative Office incorporation and Beijing Representative Office establishment.
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Guangzhou WFOE stands for Guangzhou Wholly Foreign Owned Enterprise, is a limited liability company wholly owned by either a foreign individual a or foreign legal entity. Hong Kong, Macao, Taiwan, investors is also included.
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Work permit as the name indicates is the permission granted by the government of a country for a worker from a foreign nation to work in their country for a specified duration.
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