When considering developing business in China, overseas investors are usually faced with two choices:
1.set up newcompany;
2.acquireexisting Chinese
enterprises. As to the acquisition, please refer to Section Two for
professional services we could render.This section mainly
focuses on the services we could provide in setting up new companies.
As to setting up new companies, overseas companies
or groups should:
-eva luate
regular permits and the suitable legal form of the entity, such as Wholly
foreign-owned enterprises, equity joint ventures, cooperative joint ventures,partnership,
etc.
-considerthe
possible business scope allowed by different legal forms
-determinethe
segregation of duties between new company and existing and relevant related
party transactions
-consider holding
structure of the new company, which will affect the injection and repatriation
of capital, future tax efficiency and easiness of possible IPO in the future.
-arrange injection
for the new company, including capital injection, asset injection, financing
and etc.
-location of
new company: in addition to traffic and regional consideration, fiscal
differences between cities or districts should also be taken into account, so
as to obtain the local government's preferential tax refund, the land supply, simplified
application procedures and fast processing. In this respect, the company should
analyze in details and discuss with local government of different locations about
specific policies.
-properly
arrange the procedures of applicationand registration, prepare relatedmaterials,submit
to relevantgovernment, followupand obtain the approvals.
With supporting from global networking,our
professional team could provide customers with a comprehensiverange of
professional services, including:
-consultation
and planning service about issues listed above
-agency
services for application and registration
-capital
verification
-tax agency
services such as tax registration, tax approval and application for general VAT
taxpayer qualification, etc.
-statutory financial statements audit or group reporting audit
-consultation and assistance concerningcorporatefinancial management and internal control system
