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