Register a company in China
Service for registering a company in China with 100% Thai shareholding.
intBizTH provides a "company registration service in China", taking care of the entire process, including documents and establishment location. Currently, Thai people can register and establish a company in China, with 100% Thai shareholding without needing a Chinese partner. The operation is conducted legally and in compliance with the laws.
Register a company in China
Service for registering a company in China with 100% Thai shareholding.
intBizTH provides a "company registration service in China", taking care of the entire process, including documents and establishment location. Currently, Thai people can register and establish a company in China, with 100% Thai shareholding without needing a Chinese partner. The operation is conducted legally and in compliance with the laws.
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Hotline (10 lines) - Head Office (Thailand)
Intelligence Business (Thailand) Co., Ltd. – Open for service Monday-Friday (09:00-18:00)
The staff can communicate with customers in multiple languages.
Registering a company in China with 100% Thai ownership.
We offer full ownership opportunities in the world’s largest market, with a Thai-owned company fully compliant with all Chinese laws. You can be the sole owner, with full decision-making power and control over all company policies, without foreign shareholding regulations hindering you.
Embarking on the journey to becoming a global entrepreneur with your own company in China, a center of the world economy and workforce, is a significant move in driving your business towards sustainable success. Coupled with logistics and supply chain systems that enhance efficiency and reduce costs, your business operations will be highly effective and impactful.
It’s a model favored by international investors as it involves establishing a company with entirely foreign capital. In the past, WFOEs were primarily used for technology businesses aimed at exporting products, but nowadays, they have expanded into various other industries such as service businesses, retail, etc.
The key conditions of WFOE
Investors can repatriate profits, but they must have registered capital and pay taxes to the Chinese government.
Why do we need to register a company in China?
Registering a company in China is crucial for entrepreneurs aiming to do business in the Chinese market. It helps enhance credibility, reduce regulatory barriers, and open up opportunities for new business ventures.
Opportunities in a consumer market of over a billion people await. If you aspire to step into the global business arena, having your own company in an economic powerhouse like China can significantly boost your competitiveness. With the status of a legally recognized corporate entity in China, you’ll have the flexibility to conduct transactions and expand investments in this country. Additionally, you’ll gain access to tax benefits available to foreign investors.
When you have manufacturing bases or representative offices in your own cities in China, it helps facilitate your ability to expand your trading network to other regions around the world. This is because China is considered a strategic hub for global trade in the present day. Additionally, you can directly hire and manage experienced and skilled labor to ensure continuous and sustainable growth for your business.
Therefore, if you plan to do business with the Chinese market, ensuring proper registration of your company in China in accordance with the procedures and laws of the country is crucial. This will help increase business opportunities, reduce risks, and provide a solid foundation for the growth of your business in the world’s largest consumer market.
Types of companies in China
Since China became a member of the World Trade Organization (WTO), the doors for investment from foreign entrepreneurs have been opened, allowing the establishment of various forms of companies, including Wholly Foreign-Owned Enterprises (WFOE), Joint Ventures (JV), and Representative Offices (RO).
1.Wholly Foreign-Owned Enterprise (WFOE)
It is a format preferred by foreign investors because it involves establishing a company with entirely foreign capital. In the past, WFOEs were primarily used for technology businesses aimed at exporting products, but nowadays, they have expanded into various other industries such as service businesses, retail, etc.
Key conditions of WFOE
Investors can repatriate profits, but they must have registered capital and pay taxes to the Chinese government.
The benefits of investing through a Wholly Foreign-Owned Enterprise (WFOE) :
– Independence in decision-making in management due to full ownership.
– Conducting business in a more comprehensive manner than a representative office.
– Converting profits into foreign currency is possible.
– Intellectual property protection is ensured.
– No need to apply for import-export licenses.
– No time limit conditions for operations, unlike representative offices.
2. Joint Venture (JV)
It is a business model where foreign investors collaborate with Chinese investors. Some businesses, such as those in healthcare and education, which have restrictions for foreign investors, need to operate in the form of a Joint Venture (JV).
However, even if the business has no restrictions, some investors choose the JV format due to the benefits it offers. For instance, it allows better access to consumers, streamlines operational processes, and involves both parties agreeing on investment proportions, cost responsibilities, and profit sharing based on shareholding.
The benefits of investing in a (JV) :
– Allowing foreign investors access to restricted businesses.
– Accessing consumers and reducing the risk of unfamiliar markets increases, as Chinese partners have local expertise.
– Lower labor costs and increased opportunities for market share division.
Choosing the JV format helps open up comprehensive investment opportunities in China, with local partners who understand various contexts well.
3. Representative Office (RO)
It is a suitable approach for investors who want to understand the Chinese market before making actual investments. The main objective is to serve as a liaison between the head office and branches in China. ROs do not have legal entity status but are merely subordinate branches of the parent company. Investors can only conduct market research and non-profit activities through ROs.
The scope of operations of a (RO) :
– Research and providing information to clients/business partners of the parent company.
– Researching local market data for the parent company.
The benefits of establishing a (RO) :
– Thoroughly study the market before making actual investments.
– Engage in public relations activities to raise awareness of the brand/products in the Chinese market.
– Demonstrate long-term investment intentions in China to build confidence with partners.
Setting up an RO is therefore a good starting point for foreign investors who wish to build confidence before fully engaging in business in China.
The process of establishing a company in China
- Contact us intBizTH via the channels specified on the website.
- Notify us of your requirement, which is “to establish a company presence in China.“
- The staff will inform the customer of the details, procedures, required documents, and various fees.
- The customer prepares the necessary information and documents (as instructed by the officer).
- intBizTH assists in managing and overseeing every step of establishing a company in China. We provide updates on the status of each process until the completion of the procedure.
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Opening a bank account in China (Company format)
Steps for opening a bank account in China
1. Choose the desired bank.
Selecting a bank to open an account in China, it is important to consider factors such as reputation, services provided, and various fees. Leading banks in China that are popular choices include Industrial and Commercial Bank of China (ICBC), Bank of China, China Construction Bank, Agricultural Bank of China, China Guangfa Bank, Bank of Guangzhou, China Everbright Bank, and China Merchants Bank.
2. Prepare the necessary documents for opening the account.
– Certificate of Incorporation issued by the Ministry of Commerce of the People’s Republic of China.
– Value Added Tax (VAT) Registration Certificate.
– Copy of national ID card / passport of the signing director
– Copy of the ID/passport of the authorized signatory of the company
– Document showing the registered capital
– Certificate of Incorporation
3. Complete the company account opening application form.
Complete the account opening application form according to the bank’s requirements, specifying the desired account type, such as savings account, current account, etc.
4. Pay the initial fees.
Once all documents are submitted correctly, you will need to pay the fees for opening a new account as well as any other associated charges according to the bank’s rates before you can start using the account.
5. Additional steps may be required based on specific needs.
For example, applying for import-export currency exchange permits, registering online banking services for directors and authorized representatives.
List of Leading Banks in China
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Intelligence Business (Thailand) Co., Ltd.
Hotline (10 lines)
Open for service Monday – Friday (09.00 – 18.00)
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