- China company incorporatin
- Representative Office Formatio
- HK company incorporation
- Offshore company incorporation
- Change of Registeration
- Tax Advisory
- Accounting
- Annual Examination
- Business Center
- HR Service
- Trademark Registration
Rep Office Formation
A China Representative Office (RO) is the easiest and most economic way of setting up a legal presence in China. It is an office of a foreign enterprise set up for the purpose of liaising with Chinese businesses and customers on behalf of its parent company. The examination and approval procedure for a representative office is simple, without requiring registered capital. But a representative office cannot carry out operating activities directly; In fact, it can only carry out business liaisons, product introduction, market research and technical exchange on behalf of an offshore company within the scope of their operations. A representative office does not qualify as a legal entity, so its civil liability shall be undertaken by the offshore company it represents. |
Registered CapitalNo capital requirement, but need the parent company have operated for least 2 years. |
Required Name of Representative Office |
Country/Region Name + Parent Company Name + (in proposed district) Representative Office |
For example, America ABC Consulting Company (Shanghai) Representative Office |
Scope of Operation |
A representative office can only carry out business liaisons, product promotion, market research and technical exchange on behalf of an offshore parent company within the scope of operations of its headquarters and cannot carry out operating activities directly in its own capacity. |
Required Documents |
・ Notary proof of business subsisted for two years or above of the offshore parent company; ・ Notary proof of creditworthiness issued by bankers of the offshore parent company; ・ Notary proof of memorandum or organization agreement of the offshore parent company; ・ Notary proof of authorized signatory of the offshore parent company and notary copy of his/her passport; ・ Notary proof of appointment letters of the chief representative of the offshore parent company; ・ Curricula vitae of the chief representative; ・ Notary copy of the passport of the chief representative (A copy of Z-visa of the chief representative is required for certain regions of the PRC); ・ Four 2-inch colour photographs of the chief representative; ・ Lease agreement or certificate of title in relation to the premises; |
Duration |
About 20 working days |
Operating PeriodThe term of residence of the foreign representative office is three years and shall not exceed the subsisting period of the foreign company. The representative office can apply for extension before expiry of term. In doing so, the representative office shall submit the related application report to the relevant authority 60 days before expiry. In China,different place have different policy, but almost depend on the parent company's operate period. |
|
Taxes and Fees involved in the Operation of Foreign Representative Office |
As Representative Offices are not allowed to generate revenue, their tax base for enterprise income tax (EIT) and business tax (BT) is presumed on the basis of their expenses. The presumed profit rate of 15% is used for calculations. |
【Business contact】