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China co***ny registration
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1 set |
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Wholly Foreign owned Enterprise (WFOE) In Guangzhou
1. OVERVIEW OF GUANGZHOU
Guangzhou is the capital city of Guangdong Province, the political economic and cultural center of south China as well as the worldwide wholesale market. It is located in the north of the Pearl River Delta, adjacent to Hong Kong and Macao. Guangzhou has an area of 7,434.4 Square Kilometers and a population of more than 10 million. Recent years, Guangzhou has paid high attention on the basic infrastructure and ecological environment construction. The GDP of Guangzhou has exceeded RMB800 billion in 2008, which makes it an ideal city for investment.
2. CO***NY NAME
In Guangzhou China, only Chinese co***ny names are officially used, while English co***ny names are for reference only. Not every name will be accepted by the ICAB (Co***ny Registry). For some sectors such as education, logistics, medicine and food industries, a special pre-approved license is needed. It is important that you know the wording of a co***ny name should conform to the registered capital and business activities. The words "international" or "investment" or "industrial" within a co***ny name suggest that the registered capital should be more than RMB 10 million, while a "group'' or "holding" should be more than RMB 30 and 50 million respectively.(The ***ailed information depends on the local stipulation). Your co***ny name must be distinguished from the other registered names. If the word “China�is within the co***ny name, it is required to be pre-approved by ICAB at national level in China.
3. BUSINESS SCOPE
The WFOE can conduct business within its approved business activities described on the business license. Amending the business scope requires further application and approval. Generally speaking, different business activities are confined according to different business sectors.
4. ADVANTAGES OF WFFE
�）Able to implement global strategy of its own parent co***ny, without taking other factors from Chinese part into consideration;
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| Company: |
HK dada enterprise services co***ny
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| Contact: |
Ms. Liang Miss |
| Address: |
Room 2415-2416, No.316 Huanshizhong Road, Yuexiu District, |
| Postcode: |
510620 |
| Tel: |
86 20 22810283 |
| Fax: |
86 20 22810502 |
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