The 5 Key Elements of Register a Company in Mainland China!

Top 5 important elements in opening a company in China

1. Naming the Company: 

Select a unique Chinese name that reflects the city and ends with "Limited Company." Ensure the name is not already taken.

 

2. Registered Capital: 

Determine the amount needed for operations and liability. New regulations set deadlines for capital contributions, with varying timeframes for companies registered before and after July 1, 2024.

 

3. Business Scope: 

Clearly define the permitted activities the company will engage in. Ensure the scope aligns with actual operations and legal regulations.

 

4. Roles and Positions: 

Identify key roles like shareholders, legal representatives, directors, managers, and supervisors. Note the flexibility in these positions, especially for smaller companies.

 

5. Registered Address Requirements:

The registered address must be a commercial space, and proof of address (lease agreement and property ownership certificate) is required.

 

Source: SolutionConsulting


Hafrik

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