Shanghai WFOE Company Registration
WFOE Registration, Registered Address ,Open bank Account, Work Permit, Special Industry Permit application according Shanghai Regulations, we need to do KYC (Know your client) before engagement with your assignment.
Send an email to szx4ww@evershinecpa.com
Or
Contact us by WeChat in the day-work-time of China (GMT+8)
The Engaging Manager
Ms. Cindy Victoria Luo , Speak in English, Chinese and Bahasa.
Whats App +886-989-808-249
wechatid: victoria141193
Our Service Coverage
*International Tax Planning
*Company Registration
*Open Bank Account
*Work Permit Application
*China Z-Visa Application
*Work Certificate Application
*Residence Permit Application
*Food and Drink Business Permit and License Application
*Medical Devise Business Permit and License Application
*ICP (Internet Content Provider) Permit and License Application
*Domain Name (.cn) Application
*Other Special Industry Permit and License Application
The procedures to register a WFOE (Wholly Foreign Owned Entity) are:
Require → Consult → Engage → Register
How to assess what kind of entity to register in China?
With Tax ID? | Issues Sales Invoices? | Legal Entity? | Wholly Owned by a Foreigner? | |
Representative office | Yes | No | No | Yes |
Branch | Yes | Yes | No | Yes** |
Subsidiary | Yes | Yes | Yes | Yes |
Joint Venture | Yes | Yes | Yes | No |
**Indirectly owned by Shanghai WFOE.
1) Representative Office
1.1 Expenditure payment to company’s vendors and employees
1.2 Payroll compliance issues handling
1.3 No need to issue local invoices in your representative office
1.4 The sale is directed to the parent company
2) Consulting WFOE
2.1 It is a legal entity and independent domestic company
2.2 Some cities can only issue General Sales Invoice, not VAT Sales Invoice
2.3 Minimum Capital is RMB 100,000 to 300,000
3) Trading WFOE
3.1 It is a legal entity and independent domestic company
3.2 General and VAT Sales Invoices issuance, expense payments and inventory purchasing
3.3 Minimum Capital is RMB 500,000 to 1,000,000
3.4 Needs approval from 9 government agencies
4) Manufacturing WFOE
4.1 It is a legal entity and independent domestic company
4.2 Issues General and VAT Sales Invoices
4.3 Minimum Capital depends on company’s business plan
4.4 Needs approval from 11 government agencies
5) Branch owned by Shanghai WFOE
(After setting up Shanghai WFOE, you can set up branch everywhere in China)
5.1 Direct issuance of sales invoice to the client by your branch
5.2 Payment of expenditures and inventory purchasing
5.3 Not a legal entity; all of its behavior is on behalf of your Shanghai WFOE
After-Set Up Cloud Accounting, Tax and Payroll Compliance Services
*Accounting service using Cloud collaboration system
*Cashier role as ”Maker” in internet-banking account
*China Tax Compliance Services
*Payroll Compliance Services
We will act as your in-house accountant in your Shanghai subsidiary
When you adopt our services, we will use our proprietary Cloud platform to build up a collaborative working environment among your staff and Evershine staff. Your company’s CFO or any assignee can approve payment request/s and do the money transfer through online banking anytime, anywhere! No need for you to fill your Accounting, Finance, Payroll and IT Departments in your WFOE in Shanghai. Fraud-proof, Seamless collaboration, Hassle-free are some of our service features.
We use BPM (Business Process Management) system to monitor service quality including on-time delivery and correctness. Our business model has been providing very high quality services at competitive cost. Several hundreds of MNC (Multi-national company) are our clients. Client list will be provided upon request.
Contact Us
Shanghai Evershine BPO Service Corp.
Room 709, No.96, Lane 1333, Xinlong Road.,
Minhang District, Shanghai, PRC, 201101
E-mail: szx4ww@evershinecpa.com
or
Contact us by WeChat in the day-work-time of China (GMT+8)
The Engaging Manager
Ms. Cindy Victoria Luo , Speak in English, Chinese and Bahasa.
Whats App +886-989-808-249
wechatid: victoria141193
Additional Information
Evershine has 100% affiliates in the following cities:
Headquarter, Taipei, Xiamen, Beijing, Shanghai,
New York, San Francisco, Houston, Phoenix
Tokyo, Seoul, Hanoi, Ho Chi Minh,
Bangkok, Singapore, Kuala Lumpur, Jakarta, Manila,
Melbourne, Sydney, New Delhi, Mumbai,
Frankfurt, London, Toronto.
Other cities with existent clients:
Miami, Atlanta, Oklahoma, Phoenix, Michigan, Seattle, Delaware;
Berlin, Stuttgart;Paris;Amsterdam; Prague; Czech Republic; Bucharest;
Bangalore; Surabaya;
Kaohsiung, Hong Kong, Shenzhen, Donguan, Guangzhou, Qingyuan, Yongkang, Hangzhou, Suzhou, Kunshan, Nanjing, Chongqing, Xuchang, Qingdao, Tianjin.
Evershine Potential Serviceable City (2 months preparatory period):
Evershine CPAs Firm is an IAPA member firm headquartered in London, with 300 member offices worldwide and approximately 10,000 employees.
Evershine CPAs Firm is a LEA member headquartered in Chicago, USA, it has 600 member offices worldwide and employs approximately 28,000 people.
Besides, Evershine is Taiwan local Partner of ADP Streamline ®.
Please send email to HQ4szx@evershinecpa.com
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