Choose your company between: Tailor-made or Ready-made Company
Think of your desire company name. (Specialists of Intercorp will check for the availability);
Decide where you want to incorporate a WOFE (which city, provinces);
Plan and structure your company, i.e. office address, directors, shareholders, and shares capital. (Specialists of INTERCORP may provide you the planning and structural advice).
Step 2 – Incorporation
Specialists of Intercorp will advise you the required documents and information for Chinese Company set up.
Contact Intercorp! Specialists of Intercorp will advise you the required documents and information, and lead you to provide such documents step by step. (Please be caution that setting up a WOFE requires a substantial amount of documents);
WOFE will usually take 3 months to 18 months to set up.
Step 3 – Post-incorporation
Let us take away your worries!
Obtain different kinds of business licenses. For example, general business licenses, state and local tax registration, foreign exchange registration, import/export license, organization code, etc;
Open Bank Account (Specialists of Intercorp will advise further information on the procedures on opening an account in Chinese bank).
Chinese Company Benefits
Advantages of setting up a business in China:
China’s GDP has grown fastest;
China is the largest manufacturing country;
WOFE is an independent, limited liability legal entity that can be owned 100% by a foreign citizen.