India Company Formation Registration Services

STEP FOR COMPANY FORMATION IN INDIA/ PROCEDURE FOR COMPANY INCORPORATION IN INDIA/ REGISTER A COMPANY/ INDIA COMPANY FORMATION REGISTRATION SERVICES –

Ease of business doing is the motto of Government of India and Government may focus to attract more FDI investment in India.

Easy and simple way to start business in India by setting up private limited company in India. It may be 100% wholly owned Private company or any other composition of shareholding pattern as per their wish.

Types of Company

1. Private company
2. Public company
3. Section 8 company ( the specific purpose of this company is  to welfare of society or promote in education or health care or social awareness)
4. Non financial banking company (The special purpose of this company is to do banking activities or loan activity or related to financial activity)
5. Foreign company (A company or body incorporated outside India and want to do business in India by establishing business place in India to do business activity in India through itself or by agent in the form of Branch office or Liaison Office or project office
6. One person company

Requirement for establishing the private company –

1. Minimum Requirement is 2 director and / or 2 shareholders.
2. Two proposed name of the company.
3. One Resident Director is mandatory.
4. DSC of both Director (for applying DSc of Director, Id and address proof and DSc form is required in the case of Indian director, in the case of Foreigner as director, all the documents required to notarized and apostille)
5. Registered office address
6. Passport is mandatory document in case of foreign resident as a proof of id.
7. Electricity bill/ Telephone bill/ bank statement not older than 2 month is address proof
8. One passport size photo of director.
9. If body corporate or foreign company is Shareholder of company , Authorized representative is required to sign the document and Board resolution authorize to make investment in Indian company. The corporation certificate and office address of body corporate is also required.
10. If The documents is in local language other than English , then translate in English
11. NOC required if the company name is similar to registered trademark

We (Jilian Consultants) can provide our client the tailor-made corporate advice on the available corporate vehicle and structure and location alternatives according to the client’s interest and specific requirements. With our experience and knowledge of the corporate law of India, upholding the philosophy of “Always the Best Solution“, we have provided our clients effective and economic effective solutions over past years.

Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants worldwide Call & WhatsApp :  +(91) 7982291329  & +91 7737473370 us or Mail us – dora@ijilian.com & jai@ijilian.com

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for more info visit - https://jilianconsultants.com/india-company-formation-registration-services/

India will be the fastest growing economy in the next three years

Ayhan Kose, director of the World Bank's Development Prospects Group, said: "The Indian economy today is strong, resilient and has the potential to achieve sustained growth." The World Bank said in its June 2018 Global Economic Outlook report that the Indian economy is expected to be in 2018. In fiscal year -2019 (April 1, 2018-2019), it increased by 7.3% and increased by 7.5% in fiscal year 2019-2020, reflecting strong private consumption and strong investment demand.

The report, released on the first Wednesday of the month, is the flagship publication of the global bank on the state of the world economy. According to the report, South Asia’s economic growth is expected to reach 6.9%in 2018 and 7.1% in 2019, mainly because “the factors that hinder India’s economic growth are weakened”.

Earlier, international lenders had said that problems in the initial implementation of the Goods and Services Tax (GST) affected India's growth. Kose said that India is still the fastest growing country among the world's major emerging economies. India’s growth expectations are unchanged from the January 2018 forecast. He said that India's growth potential is about 7%, and its current growth rate is higher than its potential, which is due to major economic reforms and fiscal measures implemented by the Indian government.

The World Bank said in its latest report that investment in India has stabilized recently as the impact of temporary factors has weakened. The agency said that growth in South Asia is expected to accelerate to 6.9% in 2018, mainly reflecting the growth of domestic demand in India under the circumstance of temporary policy-driven damage.

“In the medium term, India’s economic growth is expected to remain strong in the face of strong domestic demand, and will reach 7.2% by 2020. Downside risks continue to dominate. This may include a possible financial downturn; postponing reforms to address financial fragility Improving the health of the regional banking system and tightening global financial conditions faster than expected,” the report added, “higher-than-expected global growth may lead to better regional growth.

If you are thinking for start business in India, China, Hong Kong, Malaysia, Mexico city, Indonesia, Japan then you are on right place. We will help to start your business in these countries. 

Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants worldwide Call & WhatsApp : +91 7737473370 & +(91) 7982291329 us or Mail us – dora@ijilian.com & jai@ijilian.com

Jilian Consultants provides "Always Best Solutions" to Clients. We are gladly to meet you in our different offices in the world.

India Company Formation Registration Services

Since 2011, Jilian Consultants has been providing fast & efficiently services to our clients set up a business in India. i) India Company Formation Registration ii) Business Set up in India iii) India Business Registration iv) government compliance v) license registrations vi) work space rental solutions services vii) visa application.

Business structure types in India for business:-
1. One Person Company (OPC)
2. Limited Liability Partnership (LLP)
3. Private Limited Company (PLC)
4. Public Limited Company (PLC)

For business set up in India by foreign nationals, Call Us & Wechat & WhatsApp: +91 7982291329, +91 7737473370 for any kind of services related to global company formation registration, china company formation registration, India Company Formation registration.

Visit - https://jilianconsultants.com/ & http://jilianconsultants.cn/

China Liaison Office, Representative Office Registration in China

How to get China Liaison Office, Representative Office Registration in China ?

What does Liaison Office/Representative Office (RO) mean?

Liaison Office (also known as Representative Office) can undertake only liaison activities. If you want to save cost for future, do not need it to collect income from China, then liaison office/representative office is your best choice.

What a Liaison office/Representative Office (RO) can do?

The main purpose of starting a liaison office is to explore possible business opportunities in China by collecting relevant business information, meet clients or provide them solutions, or purchasing support service.

What a Liaison office/Representative Office (RO) cannot do?

Liaison office/Representative Office (RO) isn’t a separate legal entity, and it cannot carry out direct revenue earning business activities, for example, it cannot make purchase/sales contracts and cannot receive payment for products or services, cannot generate invoices or repatriate money overseas.

Representative Office registration in Beijing, Shanghai, Shenzhen and other cities of China, please check below information for details:

What does it require for representative office and liaison office?

1. Application form signed by the director of parent company with its registered name, address, purpose of the liaison office and representative office, chief representative and so on.
2. Original hard copy of parent company COI/ BUSINESS LICENSE or legalized copy.
3. Bank reference letter.
4. Appointment letter for chief representative letter.
5. The ID copy of chief representative, CV and photos.
6. Proof of address, such as lease agreement, the proof letter from management office.

Jilian Consultants provides best service for company incorporation and financial servicefor companies. We are gladly to meet you in our different offices in the world.

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For more info – Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants China worldwide Call & WhatsApp : +(86)18721579300 & +(91) 7217885430  us or Contact us – info@ijilian.com

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Quick & Hassle-Free China Partnership Firm Formation & Registration

Quick & Hassle-Free China Partnership Firm Formation & Registration with Jilian Consultants

“Partnership Enterprise” means a profit-making organization, which is established within the territory of China  and all the partners in which conclude a partnership agreement, make joint capital contributions, conduct business jointly, share incomes and risks and bear unlimited joint and several liabilities for debts of the partnership enterprise.

The words “limited” and “limited liability” shall not be used in the name of a partnership enterprise.

To establish a partnership enterprise, the following conditions shall be met:

(1)  two or more partners who shall each bear unlimited liabilities according to law;

(2) having a written partnership agreement;

(3) having capital actually contributed by all the partners;

(4) having a name for the partnership enterprise; and

(5) having premises for business and the necessary conditions for joint operations.

A partner shall be a person who has full capacity for civil acts. And A person who is prohibited by laws or administrative rules and regulations to engage in profit-making activities shall not become a partner in a partnership enterprise.

A partner may make capital contributions in cash or in kind, or in the form of land-use right, intellectual property rights or other property rights; the contributions mentioned above shall be the lawful property or property rights of the partner. In the case of non- monetary contribution or Labor service made by partner then contribution is determined by assessment institution authorized by all partner.

Partnership agreement and Identity papers of partner is mandatory documents for applying registration of Partnership enterprises.

If a partnership enterprise wishes to set up a branch, it shall apply for registration to the enterprise registration authority in the place where the branch is to be located and shall have to obtain a business license.

No partner may, by himself or through cooperation with another, engage in business in competition with the partnership enterprise in which he is a partner.

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For more info – Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants China worldwide Call & WhatsApp : +(86)18721579300 & +(91) 7217885430  us or Contact us – info@ijilian.com

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China Cuts Import Tariffs on 187 Consumer Goods

China has cut import traffic on 187 consumer goods with a provisional tax rate with the average tax rate falling from 17.29% to 7.73%. Among them, the tax rate of “vermouth wine and fresh grapes” fell the most, from 65% to 14 %. Suits, casual suits, electric razors, coffee machines, electric smart toilet seats, and pokok pecan have all been reduced by 15%or more. In addition, special infant formula, baby diapers and diapers have been adjusted to zero tax rate.

To speak of imported goods within the quota, cross-border e-commerce has a price advantage over general trade. In addition to the import duty exemption, value-added tax, consumption tax will enjoy a 30% discount. For imported goods outside the quota, cross-border e-commerce enjoys the same tariff reduction as general trade.

China cut tariffs on import goods to boost investment in China.

The move is designed to encourage consumers to spend more at home rather than on trips overseas.

New Opportunities for Investment in the Midwest Countries

The implementation of the strategy of opening up to the outside world and the large number of foreign investment enterprises have entering into China, and the structure of import and export commodities in Inner Mongolia has been further optimized, and the level of economic and trade cooperation with Russia has been continuously improved.

China’s policy for encourage foreign investment will not change, and the protection of the legitimate rights and interests of foreign invested enterprises will not change, and the direction of providing better services for enterprises in China will not change. “Three will not change” represents China’s basic attitude towards foreign investment.

China’s National Development and Reform Commission, the ministry of commerce issued the catalog of foreign-funded dominant industries of the Midwest region (revised in 2017), further expand the scope of the Midwest regions foreign investment, and to give preferential policies to encourage investment. Foreign investment welcomes new opportunities for industrial transfer and upgrading in China.

For more info – Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants China worldwide Call & WhatsApp : +(86)18721579300 & +(91) 7217885430 us or Contact us – info@ijilian.com

China cut tariffs on import goods to boost investment in China

With the development of the Cross-Border Electronic Commerce (CBEC) and reduction in tariff rate on imported goods, number of high-quality consumer goods from all over the world has increased in China. Meanwhile tariff on import has reduced a lot. With effect from 1st May 2018, the import tariff on 28 drugs, including cancer drugs, was announced to be removed. And the import tariff on cars shall also drop considerably. According to customs department estimate, the 16% VAT rate introduced on May 1 2018, will be reduced by more than 100 billion yuan per year in the import tax, which will eventually be passed on to consumers.

The China international import EXPO will further broaden China’s import dividend in this November. At present, China international import EXPO “6 + 365 days” one-stop trade services platform has been officially launched, this platform will boost global commodity, service, technology smoothly enter the Chinese market, and build a public platform for global trade development.

For more info – Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants China worldwide Call & WhatsApp : +(86)18721579300 & +(91) 7217885430 us or Contact us – info@ijilian.com

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China cut tariffs on import goods to boost investment

中国将进一步扩大进口

跨境电商等新产业的发展、进口商品关税下调等政策让越来越多来自全球各地的优质消费品进入中国，并且相比之前需要缴纳的关税降低了很多。5月1日抗癌药等28项药品进口关税宣布取消，汽车进口关税也将会有相当幅度下降。根据海关部门测算，仅5月1日起实行的增值税税率下调一项，每年可在进口环节税方面减少超过1000亿元，这些福利将最终传导给消费者。

今年11月将举行的首届中国国际进口博览会，还将进一步释放中国扩大进口的红利。目前，中国国际进口博览会“6天+365天”一站式交易服务平台已经正式上线，这一平台将助力全球商品、服务、技术等顺利进入中国市场，并为全球贸易发展搭建公共平台。

China Foreign investment facilitation in FTZ will gradually expand to the whole country.

The director of the National Development and Reform Commission (NDRC) from the 13th National People’s Congress said that China’s investment will increase this year.

This year, we will further revise the negative list of foreign investment, promote investment facilitation, simplify the procedures for foreign investment enterprises, and constantly improve the policy of attracting investment. Substantial relaxation of market access in improving the investment environment. In 2018, the National Development and Reform Commission will jointly with the departments concerned under the state council to revise foreign investment in the negative list and gradually expand to the whole country which already has been trialed in FTZ. In order to substantially increase the opening level of the service sector, fully liberalize the general manufacturing sector, relax or eliminate restrictions on foreign ownership in some areas, and relax or remove restrictions on business scope.

To simplify the procedures for the establishment of enterprises with foreign investment, promote the one window stop service on business license and commerce record are also parts of it. To simplify the administrative examination and approval of production and management of enterprises, reduce the time of fire control certificate application, EIA, land permission, water electrical connection, import and export clearance time etc. In order to promote fair competition between foreign-funded enterprises and domestic enterprises, the protection of intellectual property rights of foreign enterprises and the legitimate rights and interests of foreign enterprises shall be protected and the basic laws of foreign capital shall be formulated.

It will also attract foreign investment this year to increase the widening of opening up in western region, inland areas, border areas. Meanwhile, to the central and western regions, northeast region transfers of foreign-invested enterprises enjoy national support industrial transfer and processing trade of funds, land and other preferential policies.

For more info – Please feel free to Contact Us to accelerate your business transformation with Jilian Consultants China worldwide Call & WhatsApp : +(86)18721579300 us or Contact us – info@ijilian.com

Joint Venture Registration in China / China JV formation

A Joint Venture (JV) is a foreign invested enterprise (FIE) that is incorporated by foreign and Chinese investors, who will share the profits, losses and management of the company together.

Compared with WFOE, joint venture is a joint capital from Chinese companies and foreign companies or people. Till right now, Chinese individual are not allowed to incorporate a joint venture. Joint venture is still treated as a foreign company, not a Chinese company.

The procedure is very similar with WFOE, only difference is we require for all the documents of the Chinese company, such as business license, board meeting and so on.

Jilian Consultants – Best Consultancy for  China Joint Venture Registration | JV Formation China !

1. Foreign company shareholder required info

• Copy of foreign shareholder’s business license, six copies, stamped and signed, translated, legalized by local Notary and Chinese consulate.
• Translation Company’s business license copy, stamped and signed, six copies.    (Advice you to choose Chinese translation company, otherwise you need to legalize translation company license)
• Shareholder’s bank reference letter, two originals, two translations

2. Chinese shareholder required info

• Chinese company business license, copies of original and duplicate, each four copies, two of them stamped.
• Organization of code certification, copies of original and duplicate, each four copies, two of them stamped
• Tax register certification, copies of original and duplicate, each four copies, two of them stamped

China WFOE Formation | Chinese WFOE Registration

Best Consultancy for China Wfoe Formation | Chinese Wfoe Registration

WFOE stands for wholly foreign owned enterprise, which is a Limited liability company wholly owned by the foreign investor(s). WFOE means the foreign investors (including Hong Kong, Macau, Taiwan) established the enterprise within Chinese territory, in accordance with 《PRC Wholly Foreign Owned Enterprise Law》, with capital provided solely by the foreign investor. The foreign investors refer to the foreign enterprise, individual or partner. (Including Hong Kong, Macau and Taiwan).

In Shanghai, WFOE were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology. However, with China’s entry into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well.

Advantages of WFOE

The advantages of establishing a WFOE, compared with other types of enterprises, include, but not limited to:

– Having the freedom and independence to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner;

– Capable to perform business transactions rather than just providing the support functions as a representative office;

– Able to issue invoices to their customers in RMB and receive revenues in RMB;

– Capability of converting RMB profits to US dollars for remittance to its parent company outside of China;

– Protection of intellectual know-how and technology;

– Greater efficiency in operations, management and future development.

Company Name

In China, only Chinese company names are officially used, while English company names for reference only.

Note: We help you to translate or come up with a proper Chinese company name.

The Company Registry will accept not every name. Your company name must be distinguished from the others registered name before.

For some sectors such as education, logistics, medicine and food industries, pre-approval special license is needed.

Company Business Scope

One of the most important issues in WFOE application is business scope. Business scope needs to be defined and the WFOE can only conduct business within its approved business scope, which ultimately appears on the business license.

－ Foreign investment enterprises engaged in wholesaling or trading business

－ Commodity Importation /Exportation

－ Production of products within the scope of business

－ Information consulting /Technical development/Investment consulting business

Registered Capital

No specified requirement (except specific industry)

Registered Capital

No specified requirement (except specific industry)

Please feel free to Contact Us to accelerate your business transformation with
Jilian Consultants China worldwide Call: +(86)18721579300 us or
Contact us – info@ijilian.com

Company Formation In China/Hong Kong/India

Jilian Consultants has helped their clients to incorporate companies in multiple jurisdictions of Hong Kong and China mainland of cities in Shanghai, Beijing and Shenzhen with transparent and legal procedures.

Jilian Consultants can provide their clients to incorporate various company vehicles such as: WFOE, Joint Venture, Partnership Enterprise, Representative Office and Hong Kong offshore company in full scope services including providing registered address, notarization and legalization, company secretarial service, bank account opening, office setting up and business investment guide to meet all the requirements came from the clients.

We can provide our client the tailor-made corporate advice on the available corporate vehicle and structure and location alternatives according to the client’s interest and specific requirements. With our experience and knowledge of the corporate law of China, upholding the philosophy of “Always the Best Solution“, we have provided our clients effective and economic effective solutions over past years.

Jilian Consultants - Best Company Formation Consultancy in China

Accelerate your business transformation with Jilian Consultants worldwide Call: +(86)18721579300 us or Contact us – info@ijilian.com

Welcome to Jilian Consultants China

Jilian Consultants is a professional and experienced consultancy firm located in Shanghai, providing solutions to its clients worldwide. With our qualified, experienced and multilingual team, we are able to provide assistance in areas of finance, taxation, investment, corporate law and company management of the highest efficiency and reliability to maximize our clients’ commercial competitiveness whilst minimizing their legal risks.

Jilian Consultants has helped their clients to incorporate companies in various jurisdictions with fast and legal procedures. Jilian can provide their clients full scope services including registered address, company secretarial service, bank account opening, local directors and nominee shareholders to meet all the requirements came from the clients. With our offices in Shanghai and overseas, upholding the philosophy of “Always the Best Solution“, we provide company formation in HK, mainland China and overseas company registration for Chinese and foreign investors. Besides our company secretary service can further assist our clients in their subsequent operations.

Jilian Consultants - Best Company Formation Consultancy in China

Accelerate your business transformation with Jilian Consultants worldwide Call: +(86)18721579300 us or Contact us – info@ijilian.com