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.
Remotely Process Your China WFOE Incorporation in Wuhan
Wuhan 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 Wuhan, 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 Wuhan 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 entering central China.
Service Included
-
A set of company seals.Number of services already included in this product: 1.00
-
Provide one year of registered address services;Number of services already included in this product: 1.00
-
Provide registration services for foreign-funded companies in Wuhan, China;Number of services already included in this product: 1.00
Product Requirement
China WFOE Incorporation in Wuhan'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 serve as the company's supervisor
In Wuhan China, company registration must have a natural person serving as the company supervisor. There is no nationality restriction. If there is no natural person serving as the supervisor, the "nominee secretary service" provided by TKEG Expat can be used.
Has Solutions?: Yes
Service Not Included in Product
A natural person needs to serve as the legal representative
Chinese company registration in Wuhan requires a natural person to act as the legal representative. There is no nationality restriction.
Has Solutions?: No
Service Not Included in Product
Need to have a Wuhan address in China
To register a company in Wuhan China, you must have a Wuhan address. If you do not have an address in Wuhan, you can choose the address attachment service provided by TKEG Expat. This service already includes one year of attached Wuhan address.
Has Solutions?: Yes
Number of services already included in this product: 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.
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 WFOE Incorporation in Wuhan
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
Passport
Shareholders, legal representatives, and supervisor's original passports.
Document Process: Apostille
Document Format: Physical Copy
Power of Attorney
Power of Attorney. Requires Apostille plus official Chinese translation.
Document Process: Apostille
Document Format: Scan Copy
Legal Entity Shareholders's Required Documents
Proof Of Registration / Business License
The business license of the holding company; Requires Apostille and Official Chinese Translation.
Document Process: Apostille
Document Format: 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.
Rapidly Growing Major Economies
China's economy is ranked second globally, and is expected to become the largest economy in the world by 2030. The commercial sector in China is increasingly prominent, with 129 companies listed in the Fortune Global 500, surpassing the United States. With the growth of China's middle class, China has become a critical export market.
Expanding Consumer Base
China’s rapid modernization has created massive market demand across sectors including automobiles, luxury goods, consumer electronics, and e-commerce. A large and growing urban middle class drives consumption, making China one of the world’s most important consumer markets for both domestic and foreign businesses.
Spirit of Innovation
Improved Business Environment
China has implemented significant reforms to improve its business environment, including streamlining business registration procedures, simplifying access to utilities, and reducing import and export processing times. The government continues to pursue regulatory improvements to attract foreign investment and support private enterprise growth.
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
None-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
Get a tailored service plan by our experts
Our experts in global business market respond even late at night. Search for your desired product, fill out your basic information and select your desired service. Then sit-back and relax while our experts evaluating your inquire and designing your tailored service.
