IChinabiz

IChinabiz iChinaBiz is to help international companies to develop business in China. For More information please visit www.ichinabiz.com or mail [email protected]

iChinabiz mainly engaged in providing corporate and commercial legal services, such as foreign investment, trademark, labor and employment, litigation and arbitration services in China. iChinaBiz is one local expertise in Shanghai, China offers a wide range of service at affordable prices with unrivalled levels of service to domestic and international clients interested in business development in

China with minimal ease of effort. We provide integrated business, such as trademark registration, IP China Customs protection, Company formation, Tax & accounting consulting, China work permit and resident visa application services in China. We provide clients with the highest quality service offering Simple, Affordable and Reliable in all aspects of our services. We understand that each and every client, regardless of size is unique and our aim is to provide a service to our client which add value to our clients' is personal, friendly and professional. With our team of professionals, we are best placed for business at a reasonable cost in the long term, we aim to become your business partner in China and grow together.

2024 new China Company Law on LLC organizational structureArticle 83 of 2024 New China Company Law stipulates that if a ...
17/10/2024

2024 new China Company Law on LLC organizational structure

Article 83 of 2024 New China Company Law stipulates that if a LLC is small or the number of shareholders is small, the LLC may not have supervisor with the consent of all shareholders.

And, article 69 of the new Company Law stipulates that a LLC may set up an Audit Committee inside the Board of Directors in accordance with the provisions of the Articles of Association to exercise the powers of the Board of Supervisors.

Article 83 of 2023 New China Company Law stipulates that if a LLC is small or the number of shareholders is small, the LLC may not have supervisor with the consent of all shareholders.

What are main taxes for a company to pay in China?
17/10/2024

What are main taxes for a company to pay in China?

China Small tax payer VAT is only 1%, quarterly sales no more than CNY300,000, VAT is FREE. Small low-profit enterprises CIT is only 5% if net annual profit is no more than CNY3 million.

What Main Documents Needed And Prepared For Foreign Investor To Register A Limited Company In China?1. At Least One Inve...
23/01/2024

What Main Documents Needed And Prepared For Foreign Investor To Register A Limited Company In China?

1. At Least One Investor That Is Legal Person Or Natural Person, And Provide Legalized Copy Of Certificate Of Incorporation Or Passport Respectively.

If Investor Is A Natural Person And In China, Then Just Provide The Original Passport For Company Registration Official To Confirm It.

From November 7, 2023, Hague Apostille Convention Is Entered Into Force To China, Then The Investors Of The Contracting Party Of Hague Apostille Convention Just Need To Get The Copy Apostilled, No Need Chinese Embassy To Legalize It Anymore.

2. Registered Capital
Except Some Conditional Business, China Company Law Does Not Set Minimum Capital. However, Suggest The Registered Capital At Least Is CNY100,000 (Around USD14,000). Please Noted The Capital Shall Be Injected Within 5 Years After Company Incorporation Based On New Company Law Which Will Be Effected On July 1, 2024.

3. An Address For Company Registration
An Address Is Required For Company Registration. IChinabiz Has Partners That Can Provide It For Foreign Invested Company Registration.

4. Business Scope
IChinabiz Can Assist Client To Finalize Business Scope Based On Client Needs.

5. At Least One Executive Director
Who Can Serve As General Manager, Company Legal Representative And Financial Manager.

Read more: https://ichinabiz.com/company-registration/

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24/F, Pole Tower, 425 Yishan Road, Shanghai 200235, P. R.
Shanghai
200000

Telephone

+8615800814467

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