As we know that Foshan is adjacent to Guangzhou to the east and Hong Kong and Macao to the south, it is the core city in PRD. It is the ideal region to invest in. ATAHK we collect the foreign investment in Foshan.
Encouraged Foreign Investment Industries' Catalogue
1.Farming, Forestry, Animal Husbandry and Fishery Industries
2.Mining and Quarrying Industries
3.Manufacturing Industries
Approval procedure of foreign invested enterprises for foreign investment in Foshan
1.Application of pre-register for enterprises name from Industry and Commerce Administration Bureau.
2. The nonrestrictive projects which under US $1 billion investment that is required to submit the project proposals, feasibility reports, contracts and articles to approved by the Bureau of Foreign Trade and Economic Cooperation. The restrictive projects and the nonrestrictive project which upon US $1 billion investment that should get the sanction from the Development and Reform Bureau first, then submit the contracts and articles to the Bureau of Foreign Trade and Economic Cooperation and examined and approved by the relative departments.
3. Application for Organization Code from Quality and Technology Supervision Bureau.
4. Foreign Trade and Economic Bureau approve and issue the Certificate of Approval.
5. Industrial and Commercial Bureau approve and issue the Business licenses.
6. Company seal made by Police station.
7. Apply for the confirmation of tax exemption from the Foreign Trade and Economic Bureau if there is imported equipment that in line with the tax-free formalities.
8. To complete all procedures of enterprise establishment by CIQ, Administration of Exchange Control, banks, Administration of Taxation, Bureau of Finance, CCIQ, Labor and Social Security Bureau etc.
Advantages of FoshanWFOE
1.Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner;
2. Ability to formally carry on business rather than just a representative office function;
3. Issue invoices to their customers in RMB and receive RMB revenues. Convert RMB profits to US dollars for remittance to their parent company outside.
4. cheap labor, which can lower your cost;
5. not required to share profits with Chinese counterpart;
6. Greater efficiency in its operations, management and future development.
Contact
If you wish to obtain more information or assistance, please contact Ms. Icy Won through the following and talk to our professionals:
Email: 2355725105@qq.com
Tel: +86-755-82143410/86-13530066130
Wechat:13530066130