Selecting the right structure of China Limited Liability Company and forming a company as a legal business entity to invest in China market. If you are seeking a local expert or consultant to obtain the best solution and results to save time and costs, in fact, you are the right place. SMEsChina is assisting global enterprises growing and expanding their brands here.
You can register your Chinese company anytime if you have everything you need to set up, and in the future also can use a registered company to run a business here. Generally speaking, corporate shareholders need to agree forming a local China company and to sign articles of association and appointment documents and relevant other legal files to Bureau of Market Supervision.
20 Workdays Formation a Chinese LLC
- Incorporation a suitable company name.
- Find a registered address for China LLC.
- Set up a structure, shares of shareholders.
- Appoint an executive director (legal representative).
- Appoint a company supervisor and secretary.
- To sign articles of association and official files.
- Work out a list of shares for Chinese LLC forming.
- Appoint a financial executive to register taxpayer.
- Application forms for certificate of incorporation.
Step by Step for Setting up a Limited Liability Company
Step 1 Company Type
You can get in touch with our online consultants to check if your China limited liability company can be approved easily and get more suggestion about setting a private limited company, whatever your company type is, you must abide by Chinese enterprises laws and regulations, let’s start to select a suitable company type first.
Step 2 Incorporating Chinese Company Name
If you are intending to set up a China company, remember that you have to choose an available Chinese corporate name to submit local Bureau of Market Supervision.
China corporation name can be both languages and cannot be the same as another registered and existing Chinese trademark, certainly also cannot be the same as other local registered brands or enterprises. The more guidance you may refer to this useful link: Company Name Requirements.
Step 3 Decide the Members of the Board of Shareholders
A China limited liability company needs one shareholder at least and same time shareholder can be the executive director, as known as legal representative. And all shareholders have to list the shares of Chinese LLC forming and can get dividends from own shares.
Step 4 Structure of Company Key Positions
In terms of Chinese company laws and enterprises regulations, members of the board of shareholders as the largest authority to sign a series of appointment documents and appoint an executive director ( legal representative ), and company supervisor, no nationality restrictions for these key positions and manage structure.
Step 5 Find an Address for Company Formation
Company address will be printed on the business license and published on the Chinese government resource website, find an available company address is easily in China, you can rent a physical office or ask an agent to provide virtual registered address, like SMEsChina offers that. Learn more: Reasons of Using a Virtual Address
Step 6 Select Business Scope and Activities
China LLC formation needs to select details business activities from the NIC (national industry classification) and submit a series of legal documents for different industries and business activities. Due to the cultural difference that most foreign entrepreneurs can not find out a standard list for choosing a suitable business scope for their company formation, because there are too many industrial terminologies to translate, therefore, SMEsChina has made a standard list for your reference. Selecting Business Scope
Step 7 Confirm the Registered Capital
The minimum registered capital is 20,000 USD or Euro for foreign investors who want to establish a Chinese business. And Chinese companies’ laws stipulate that all shareholders must inject the capital amount within 30 years after business license be approved. Read more: Company Registered Capital .
Step 8 Prepare Required Documents
Except for regular files of registration and official forms issued by the local Bureau of Market Supervision, the process of company registration needs you collecting other documentary evidence from your home countries for shareholders, executive director (legal representative), and company supervisor. You can refer to this useful link: Foreign Company Incorporation Requirements
FAQs: About Formation a Company as LLC