Service type company set up

LOGO EN2

SERVICE-TYPE COMPANY

IN CHINA

大陸服務型公司英文 

Except for established trading companies in Shanghai, Shenzhen, Xiamen, Guangzhou or Kunshan, nowadays more service-type companies established in Shanghai and Shenzhen. The service-type company can charge the service fee, royalties, design fee, or consultancy fee in China, such our consulting company, software development company, marketing company, Intermediary agency, catering management company, etc. 

Service-type companies are engaged in services industries are subject to prescribed business activities of enterprises, including product development, design, manufacture, sale, installation, maintenance, and provision of system solutions. Service-type refers to the manufacturing process of industrial structure dominated the shift to service-oriented changes.

 

Table of Contents

  • Notices to establish a foreign investment service-type company.
  • There are Several Main scopes of Services industriesBasic preparation documents and application procedures of the service company.
  • Applied for the establishment of the service-type company in China

 

 

 

大陸服務型公司英文01  

From the stage of development, economic structure, especially the big trend in the

evolution of industrial structure and the newly emerging view of the current situation,

China has already begun in the mid-to-late industrialization shift to manufacturing-

oriented industrial structure has begun to service industrial Structure Evolution

industry-led, service-oriented economic structure optimization and upgrading

of China's economy is an important task and a new main direction.

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大陸服務型公司英文02

China opening up of service to promote the rapid development of trade in services

has formed a comprehensive, multi-level pattern of opening up services. Among

them, the export trade in services has been ranked 28th in the world, rose to eighth

place, imported by the first forty world ranking rose to seventh place. With the

improvement of the level of consumption structure of national income while evolving

upgrade, but is bound to promote the evolution of consumption structure adjustment

and upgrading of industrial structure, which is the consumption structure and

industrial structure change objective law.

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大陸服務型公司英文03

China's per capita GDP now exceeds USD6,000; the world's middle-income level

has been reached. At this stage of development, the service sector has become

the main growth point and pillar industries, the development of new services in

the Chinese economy, can greatly promote economic growth, increase effective

supply, and better meet consumer demand, improve people's livelihood, improve

quality of life.

 

 

  • Column such as Agreement on Trade in Services (General Agreement on Trade in Service, GATS): international trading partners to negotiate for services cross-border services, topics include MFN import tax and duty exemptions, etc., regulate trade patterns can be divided into Cross-border supply, consumption abroad, commercial presence and presence of natural persons and other four categories, service trade agreement with the elimination of trade barriers and discriminatory norms function.

 

 

 

Notices to establish a foreign investment service-type company

 

Notices to establish a foreign investment 01    Notices to establish a foreign investment 03    Notices to establish a foreign investment 03

Generally billing 3% service

invoice, if the turnover up to

RMB 8 million, can become

the general taxpayer,

change to billing 6% value-

added tax invoice (Deductible).          

 

There is no special restriction

on the amount of establishing

foreign investment service-

type company in China, it is

better if the registered capital

more than RMB 300 thousand.         

 

   

The registered capital, down

payment, need to be 20%,

remaining payment can pay in

the operating period after the

funds are imported, a capital

verification report should be

issued for future reference by

relevant units.

 

 

Notices to establish a foreign investment 05 Notices to establish a foreign investment 05   

Responding to business needs

can upgrade the service-type

company to commercial trading            

company.

 

 

When opening a bank

account, a legal person

must at the scene or

provide relevant

documents handled by

professionals.

 

 

 

 

There are Several Main scopes of Services industries

 

Services industries01
Commission Agency

Its scope is handling the entrusted matters of business, including purchasing and selling goods, import agents,

introduction services. Shopping consignment is entrusted with the purchase of goods or real sale of

goods purchased by the number of actual sales or liquidation and charges a fee business. Agent import refers

to goods or services entrusted to handle import and export business. Introduction Service refers to intermediaries

introduce their discussion of business transactions or other matters.

 

 

Services industries02
Consulting Industry

The establishment of China consultants refers to the provision of customer needs, problems, recommendations,  

services, etc. For example economic information consultation, business information consultation, information

technology consultation, and market information consultation.

 

 

Services industries03
Software/ Program Industry

Technology development in the field of network technology or electronic technology, refers to the provision of software, App design, collect relevant design fees or related technical licensing / royalty. For example computer

software and hardware technology development, technical services and technology transfer.

 

 

Services industries04
Marketing Planning Company

Provide local marketing plan, event planning, activity design, corporate image design services and collect related

service charge.

 

 

Services industries05
Catering Industry

Provide food and beverage services to customers through the provision of a diet and eating place.                        

 

 

Services industries06
Hotel Industry
Provide lodging services.                                                                                                                                           

 

 

Services industries07
Tourism
Arrange trips / Accommodations / Transportations and guide services.                                                                    

 

 

Services industries08
Storage
Use storage to provide space for clients to secure their goods.                                                                                

 

 

Services industries09
Leasing
Provide Spaces / Houses / Goods / Facilities for others in a certain period.                                                             

 

 

Basic preparation documents and application procedures of the service company

The application process of establishing a service-type company in Shanghai, Shenzhen, Xiamen, and Kunshan, the relevant information should be prepared in advance and conduct company name approval. After obtaining the official name approval document the information will be submitted to the Ministry of Commerce and taxation, banking, foreign exchange, and other relevant departments in accordance with indispensable procedures after the examination by the Ministry of Commerce. Foreign service companies from the data collected to the company can start operating invoices,
application procedures for about one to one and a half months.

Inter Area Business Provider has many years of practical experience in Chinese industry and Commerce, our service not only companies registration, but we also understand all kinds of practical items and norms of local investment. Inter Area provides a one-stop service to customers. The service covers from the overseas holding company to apply for certification/file / local business registration address/company registration, accounting and tax / subsequent local commercial administrative affairs, etc. To cater to local business problems, provide efficient and profitable international investment solutions, and reduce initial investment costs, allowing investors to make rapid progress in the local market in the most flexible way.

 

 

 

Service company application process in China

  • Name approval: Provide company name approval.
  • Foreign investment enterprise filing: Provide foreign investment company information.
  • License application: Apply for a business license and get a uniform credit code.
  • Set up an account: Opening a bank account and online banking.
  • Tax Registration: Need to carry out tax and invoice verification, apply for the invoice.
  • Foreign exchange application: Open an investment account.

 

 

 

Applied for the establishment of the service-type company in China

Q

What are the conditions for the establishment of service-type companies in China by foreign businessmen or Taiwanese businessmen?

Registered foreign investment service company should be prepared the relevant information and the minimum registered capital of foreign capital is proposed to be RMB 300 thousand, and the funds can be put in place in batches. The registered address of the office should be used for commercial purposes.

 

Q
Establish a service company or consultant company in China. What types of invoices can be opened?
Establish a service company or consultancy company in China only can open 3% service charge invoice, and cannot apply for 16% value-added tax invoice.

 

Q
What kind of business is suitable for the establishment of service companies in China?

Service companies mainly provide services, such as product technology licensing,consulting, product design, software app design, commission agents, China consulting company, and other related services based industries. Basically, as long as it is not involved in the sale of physical products, only the cost of related products and services can be set up service companies, the most common is the establishment of consultants in China.

 

Q
What are the encourage for service companies in China?
Nowadays China actively developing the market, attracting investors from various countries to invest, the most representative of the free trade area currently planned in China. For example, the free trade area of Shanghai has opened a variety of restricted industries, such as performance, economy, education, training, medical service, China consulting company and Mainland Software Company. Recently, it is also planned to establish a new free trade zone to attract more foreign investors to invest.

 

 

 

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