Company Incorporation
China Company Registration (WFOE) (Shanghai)
Applicable country/region: CN - Chinese Mainland
- English-speaking advisor
- Chinese Mainland local setup support
- Tailored service assessment
Response within 1 working hour on business days. We confirm applicability and estimated fees first.
Fully remote
Remotely Process Your China Company Registration (WFOE) (Shanghai)
Shanghai WFOE company incorporation with TKEG Expat — we register your Wholly Foreign-Owned Enterprise (WFOE), a Chinese limited liability company, with the State Administration for Market Regulation (SAMR) in Shanghai, and bundle a one-year registered address and a full set of company seals. Chinese law requires a natural-person legal representative (no nationality restriction) and a natural-person supervisor; our nominee supervisor service covers founders without a local candidate. You also need a Shanghai business address — our registered address service satisfies it. From business license to post-registration bank account opening, TKEG Expat handles every step for foreign investors.
What's Included
Everything in this package
The line items below are already covered by the unit price. Anything marked "not included" can be added as a tailored extra.
- Registering a Foreign-Funded Company in Shanghai, China for Mainland Chinese clients;Included ×1.00
- Providing a one-year registered address service;Included ×1.00
- A set of company seals.Included ×1.00
Good to know
Designed for companies with under $10 million annual turnovers, TKEG Expat ™ (Malta) is a retail consulting division of THE KEITH & EVEN GROUP, focusing on providing budgeted solutions for companies seeking overseas market entry, company incorporation, assets allocation, and tax strategy.
Product Requirement
China Company Registration (WFOE) (Shanghai)'s Requirements
TKEG Expat ™ (Malta) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.
- A natural person needs to act as the legal representativeIn Shanghai China, company registration must have a natural person as the legal representative. There is no nationality restriction.Not included in product
- There needs to be a natural person serving as the company's supervisorIn Shanghai China, the establishment of a company must have a natural person to serve as the company supervisor. There are no nationality restrictions. If there is no natural person to serve as the supervisor, the "Nominee Secretary Service" provided by TKEG Expat can be used.Solution availableNot included in product
- Requires a Shanghai address in ChinaTo register a company in Shanghai, China, it is necessary to have a Shanghai address. If you do not have a Shanghai address, you can choose the registered address service provided by TKEG Expat. This service already includes one year of Shanghai registered address.Included ×1.00
- Ownership
- Consolidated Ownership
- Limited Liability
- Positive
- Publicly Participates In Capital Market
- Negative
- Requirements For Shareholders
- At least one person
- Requirements For Directors
- At least one person
- Legal Representative Not Mandatory
- Negative
- Local Directors Not Mandatory
- Positive
- Local Secretaries Not Mandatory
- Positive
- Minimum Registered Capital Requirement
- 1. Starting from 1 RMB;
2. The registered capital of a production-oriented company shall not be less than 30,000 yuan, the registered capital of a commercially-oriented company mainly engaged in wholesale business shall not be less than 30,000 yuan, and the registered capital of a commercially-oriented company mainly engaged in retail business shall not be less than 30,000 yuan.
- Capital Injection Not Required
- SEE MEMO
- Capital Injection Requirement
- Need to be paid in 3 years.
- Memo
- "null"
Document Requirement
We Need These To Help You With China Company Registration (WFOE) (Shanghai)
TKEG Expat ™ (Malta) aims to provide the most accurate and up-to-date information to our clients. Please use this "Document Requirement Table" to determine which documents you will need to submit to fulfill the product requirements. Please note, the requirements of document can change depending on your case.
Natural Person Shareholders & Directors's Required Documents
- PassportShareholder, legal representative, and supervisor's original passports/IDs should be sent by post; and should be apostilled and translated into Chinese.Process: ApostilleFormat: Physical Copy
- Power of AttorneyPower of Attorney (provided by Yi Zi), apostilled, and translated into Chinese.Process: ApostilleFormat: Scan Copy
Legal Entity Shareholders's Required Documents
- Proof Of Registration / Business LicenseThe business license of the holding company; doing Apostille and Chinese translation.Process: ApostilleFormat: Scan Copy
- Company BylawThe company's articles of association; get Apostille and do Chinese translation.Process: ApostilleFormat: Scan Copy
- Other DocumentsOther required documents (please consult the customer relationship manager); do Apostille and Chinese translationProcess: ApostilleFormat: Scan Copy
- Power of AttorneyPower of Attorney (provided by Yizhi). Obtain Apostille and provide Chinese translation.Process: ApostilleFormat: Scan Copy
Frequently Asked Questions
The company's registered capital must be used for the company's day-to-day operating costs, such as paying for goodscosts, to pay accountants, to pay for the services of TKEG Expat.
The Companies Act of the People’s Republic of China establishes a minimum authorized capital of 30,000 CNY for limited liability companies, and 100,000 RMB for limited liability companies with a single founder.
To determine the minimum authorized capital of an enterprise with 100% foreign investment, it is necessary to determine the place of registration scope of activity and, before registration, find out the position of the local authorities of the Ministry of Commerce. This will allow you to indicate in the package of documents submitted for approval the figure that suits the government agencies. For example, in Beijing, for a trading company with foreign investment, the minimum authorized capital is 300,000 CNY, and for a consulting company, 200,000 CNY.
To determine the minimum authorized capital of an enterprise with 100% foreign investment, it is necessary to determine the place of registration scope of activity and, before registration, find out the position of the local authorities of the Ministry of Commerce. This will allow you to indicate in the package of documents submitted for approval the figure that suits the government agencies. For example, in Beijing, for a trading company with foreign investment, the minimum authorized capital is 300,000 CNY, and for a consulting company, 200,000 CNY.
The smallest authorized capital is needed to register a consulting company since its creation requires minimal investment. Such a company with 100% foreign capital can be approved with the amount of the authorized capital close to the minimum.
There are industries where the minimum authorized capital for enterprises with foreign investment is established by law. For example, the transport mentioned above and forwarding companies with foreign capital must have a registered capital of at least 5 million CNY (by 11.12.2005 at least 1 million US dollars).
The authorized capital can be paid in one payment in full, or it can be paid in installments within two years from the date of creation of the company (obtaining a certificate of the right to conduct business – a certificate of state registration), when making the authorized capital in parts, the first installment must be at least 20 %. The authorized capital can be contributed in cash, property and intangible assets, however, at least 30% of the amount of the authorized capital must be paid in cash.
In addition to the authorized capital, the legislation of the PRC in relation to enterprises with foreign investment operates with the concept of “total investment”. The total investment is the amount that the investor (s) can invest in business development in China, as opposed to the authorized capital, which he is obliged to invest. It is evident that the total volume of investments can be either more than the authorized capital, or coincide with it. The difference between the total investment and the amount of the authorized capital is the maximum loan amount that an investor can provide to his subsidiary in China. These two values are related by a certain ratio, which changes with the growth of capital investments. Thus, with a total investment of no more than USD 3 million, the authorized capital must be at least 7/10 of the total investment.
The short answer is yes. Actually, the government of China encourages foreigner investors to do business in China.
Jurisdiction Overview
About Chinese Mainland
Mainland China is the world’s second-largest economy with a vast consumer market of 1.4 billion people, advanced manufacturing capabilities, and growing innovation in technology sectors.
View Complete InformationChinese Mainland Tax Brief
Data Source
PwC World Tax Summary
OECD Statistics
Time of Update
View Complete Information- General CIT Rate
- 25%
- CIT Return Due Date
- For annual CIT declaration, it should be submitted within five months after the end of the tax year. For monthly or quarterly temporary CIT declaration, it should be submitted within 15 days after the end of each month/quarter.
- CIT Payment Due Date
- Within five months after the end of the tax year.
- CIT Estimated Payment Due Date
- Quarterly or monthly installment payments should be made within 15 days after the end of each month/quarter.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- N/A
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 10/10/10
- General VAT Rate
- 13%
- General Capital Gain Tax Rate
- Capital gains are subject to the normal corporate income tax rate.
- Composite Effective Average Tax Rate
- 23.00
- Composite Effective Marginal Tax Rate
- 15.59
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