Instruction for Shenzhen Qianhai Company Registration
Hotline: 86-755-82143348, Email:anitayao@citilinkia.com, info@citilinkia.com
Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone is a commercial development in Shenzhen, China. Located at the west of Shekou Peninsula and encircled by Shuangjie River, Moon Bay Avenue, Mawan Avenue and Qianhai Bay. Upon the completion of Qianhai's railway system, Qianhai will be approximately 13 minutes away from the Hong Kong International Airport by train, 10 minutes from the Shenzhen airport and Yuen Long Hung Shui Kiu. As the pilot district for cooperation between mainland China and Hong Kong, people who lived in New Territories but work in Qianhai is more convenient than work in Hong Kong Island. Qianhai will be the hinterland and forefront of Hong Kong, and also the new hope of China's science development.
Requirements for Company Name:
In China, there are some restrictions imposed on the company name. In the same industry, neither company name nor trade name shall be repeated. Each name is valid only after being verified and reserved by industrial and commercial administrative department. Some factors shall be considered when naming a company: “Qianhai” shall not appear in company name; the wording of “municipality” in a company name, the approval of municipal department is a must; the wording of “province” , the approval of provincial department; the wording of “China”, the approval of China's Ministry of Commerce is required.
Advantage of Shenzhen Qianhai Free Trade Zone:
1) Three fiscal taxation policies of the Overall Development Plan on Shenzhen-Hong Kong Cooperation on Modern Service Industries in Qianhai Area include the income gained from international shipping insurance services provided by insurance company which registered in Shenzhen for the company registered in Qianhai shall be exempted from the Business Tax. The income gained from offshore services and outsourcing business provided by the company registered in Qianhai shall be exempted from the Business Tax. To the verified technologically advanced services enterprise, the corporate income tax is levied at a reduced rate of 15%.
2）Foreign-funded enterprises which registered in Qianhai may expand their business to any area of Guangdong Province. Where there are State regulations governing service scope of innovation business of company registered in Qianhai, such regulations shall be followed. And if no relative regulations and provisions, there are no restrictions.
3）Lawyers of foreign law firms (including in Hong Kong and Macao) who are practicing in Qianhai representative organization may join Shenzhen Lawyers Association as members.
4）Hong Kong scientific research institution which settled in Qianhai may directly participate in provincial scientific research project, and be authorized to use research funds to do research work.
5）Government will pursue a new resolution which is about to solve the problem of foreigner’s entry by issuing a green card or special visa.
Registered Capital
There are some requirements of registered capital in Qianhai area, the registered capital practices “subscription capital system”, the minimum registered capital is 5 million. The minimum registered capital of consulting company is 5 million. The minimum registered capital of financial company is 10 million. The minimum registered capital of microcredit institution is 300 million. The minimum registered capital of foreign-funded company is 30 million US dollar. The minimum registered capital of private-equity investment fund management company is 5 million. Different business nature of company has different requirements of registered capital
The Shareholder, Director, Supervisor, and Legal Representative
1. Shareholder: shall be a company, or a natural person.
2. Supervisor: If there is only one shareholder, an extra supervisor should be provided ; If there are two or more shareholders, one of them can double as the supervisor.
3. Legal representative: shall be a shareholder, a director, or neither.
Business Scope
The business scope refers to the specific business that the shareholders expect to do locally. With the focus on modern services, Qianhai cooperation zone exerts to innovate and develop the professional services of finance, logistics, information, science and technology, etc.
Shenzhen Qainhai Company Registration Process
1. Entrustment process:
entrusting (signing the agreement)→denomination →payment →document preparation →document verification →submission to the relevant government department →process notification →finish within 10-35 working days →notification of documents receiving →balance payment →signing for receiving
2.Client process:
denomination →submission of company name →confirmation of the business scope →confirmation of the registered capital →confirmation of the shareholder →confirmation of the legal representative →confirmation of the supervisor →business plan and Qianhai join information table preparation →join permit of Qianhai administration →signing the legal documents →processing company documents →processing license approval files issued by relevant departments →opening an account →deposit the investment into the capital account from the investor(identify the amount of investment)→capital verification →modify the paid-in capital
3. Government process:
Qianhai Merchants →Industrial and Commercial Administration →Public Security Bureau →technical supervision bureau →Local Taxation Bureau →Open capital accounts →issuing capital verification report (some banks issue the bank confirmation instead of capital verification report)→Industrial and Commercial Administration
Reqired Documents for Shenzhen Qianhai Company Registration:
1.Company name
2. Confirmation of the subscribed registered capital, the pay-in time, ratio of investments and business scope;
3. ID card (Original and copy) of the legal representative and the shareholder; If there is a board, the ID card (Original and copy) of all the directors should be provided;
4. ID card copy, address, telephone, fax of the supervisor;
5. Original leasing voucher and Contract or the Certificate of Real Estate ( Requirement of the leasing contract: using the name of the legal representative or the supervisor on one of the shareholders’ behalf; the tenancy should be more than 1 year);
6. Business proposal
7. Qianhai Join Information Table
Processing Time
10-35 working days (starting from the day when all materials are provided correctly.)
ATAHK's Follow-up Services
1,Bookkeeping and Tax: to file the tax return with the state and local tax authority since the very month when the tax registration certificate is issued.
2, Employees’ social security
3, opening tax accounts;
4, general taxpayers application;
5,Changing corporate information;
6,Finance and taxation planning(for details of Chinese tax, please refer to the Chinese tax instruction);
7, Submitting an annual report: Shenzhen companies must submit an annual report to the authorities from March 1st to June 30th every year.
ATAHK attaches great importance to goal-oriented management, value centers and process control. We ensure their authenticity from the certificates and documentations they have received. If false, ATAHK will assume legal responsibility, and make a double compensation.
Why choose ATAHK
1) ATAHK is a borderless and cross-industry enterprises, whose service outlets around the world: Hongkong, Shenzhen, Beijing, Guangzhou, Shanghai, Xiamen, Quanzhou, Yiwu, Chengdu, Nanchang, Shenyang, Malaysia, Kuala Lumpur, Dover, London, there may be one on your side.
2) ATAHK provides one-stop, personalized service and have established 12 service centers namely cancellation and registration of business service center; Copywriting secretary service center; Enterprise business logistics service center; Corporate finance and tax service center; Enterprise intellectual property service center; Corporate investment and financial services center; Enterprise information technology service center; Enterprise marketing service center; Corporate personnel training service center; Immigrant visa service center; corporate culture development center; Business cooperation and exchange service center. There may be one service that meets your need in ATAHK.
Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com