SJ Grands, expert team on WFOE in Beijing

Today, WFOE Beijing had the chance to sit down with the staff of a major financial firm in Beijing.

SJ Grand is a leading company among the professional services boutique in China. It helps foreign companies to develop their investments in China, by providing tax, accounting, optimization and corporate finance solutions. For more than ten years, SJ Grand built a reputation through its strong expertise on a wide range of services and project.

SJ Grand developed specific services for WFOE creation in Beijing and has valuable experience on this segment. For SJ Grand, WFOE is the most adapted structure to enable foreign company to fully own and control of their investments.

SJ Grand is involved in all the process of WFOE incorporation in Beijing

Thanks to its large and valuable experience, SJ Grand can provide consulting and assistance in every step of the WFOE incorporation in Beijing.

SJ Grand’s team told us that the Shanghai Free Zone significantly changed and simplified the process of WFOE Creation in Shanghai. Indeed, the company incorporation process can be divided by 2 in this zone. It can be completed within 1 month there, while outside the free zone it can be done in 2 months at least. There is not such zone in Beijing, but the possible success of the Shanghai’s project could give some idea to authorities in Beijing, to favor foreign investments.

http://www.sjgrand.cn/wfoe-china

SJ Grand analyses the evolution in regulation law of WFOE registration in Beijing

SJ Grand also described us some revisions in the PRC company law. The purpose is to make the business set up more flexible for imported investments. Thus, there is no limitation on the share of initial capital contribution anymore except for certain companies specified by the law or the State Council.

However, according to SJ Grand, it is still crucial to have large registered capital to start their activity.

SJ Grand gathered Taxes applicable to WFOE in Beijing

See below a table from SJ Grand which describes perfectly the different taxes you will have to look for when registering a WFOE in Beijing.

Christophe Folx

See also : http://marketingtochina.com/sj-grand-celebrates-10-years-china-new-projects/
http://www.wfoe.org/
http://topics.bloomberg.com/china's-economy/