Accompanied by the foreign investors in China's market awareness, more and more favored by foreign registered foreign-owned enterprises (WFOE) in the form of business.Registered foreign-owned enterprises, can not only improve the market decision-making and reaction speed, and can well protect confidential and centralized management of scientific research.
The registered capital can pay the investment by stages, the first phase of investment should be in the business license is issued within 90 days from the date of payment of not less than 15% of the capital, the last installment should be paid off within 2 year.
  China registered foreign-owned companies need to submit the relevant documents, including: In 1, a feasibility study report 2, the legal representative to be appointed "foreign investment company registration application" In 3, the articles of association of the company In 4, the name pre-approval notice 5, investors of the main qualifications or personal identity 6, director, manager monitors and documents of appointment and proof of identification 7, legal representative office documents and proof of identity 8, proof of bank credit In 9, the lease contract or proof of ownership 10, record of the meeting 11, Pre-approval document or certificate   In China the foreign-owned enterprises, will also involve the following tax: 1, the enterprise income tax: general rate is 25%; the key support of high-tech enterprises, a tax rate of 15%; in line with the conditions of small-scale and low-profit enterprises, levied at the reduced rate of 20%.
  2, tariffs, import value-added tax: foreign investment in China and the relevant provisions of the industry or project, in accordance with the relevant provisions, can enjoy the import tax and VAT drawback policy, or enjoy the exemption from customs duties and import value-added tax.
  In 3, the value-added tax and consumption tax: foreign investment in China's manufacturing enterprises, belonging to a general taxpayer of value-added tax, the production of goods export or commissioned by the export, will execute &ldquo ” tax; tax rebates or “ ” policy.
In addition, in the export sales links can also enjoy the exemption of value-added tax concessions.   Enterprises with foreign investment in the processing, feed processing trade import of the goods, shall be exempted from customs duties and import value-added tax, consumption tax.
After the export of processed goods, also from production value-added tax, consumption tax.As for foreign investment encouraged enterprises purchasing domestic equipment within the total investment, such as the equipment belong to the scope of the tax exemption catalogue, can domestic equipment VAT refund.
  In 4, the personal income tax: foreign nationals in China can enjoy the salary monthly 48000 yuan exemption, according to the 3-45% balance of pay personal income tax rate, but the foreigners in financial institutions deposit interest income personal income tax exemption.
  In 5, staff social insurance (Social Security): enterprises must pay a monthly staff social insurance payment, the payment is usually due to China standard of living is not consistent and inconsistent, but are usually a percentage of employee salary.
 

For more information on china company formation please visit http://www.conpak.com/  



WFOE foreign-owned companies registered guide