Yiwu Company Incorporation

Yiwu Company Incorporation

There are several types of business setup in Yiwu, each serves different functions. We will be able to recommend the best company structure based on the requirements of the business owner.

investment1

Common Types for Business Registration:

1. Wholly foreign owned enterprise (WFOE);

2. Representative office (RO);

3. Equity joint venture (EJV);

4. Foreign invested partnerships enterprise (FIPE).

 

Yiwu Company Incorporation -WFOE

The Wholly Foreign Owned Enterprise, abbreviated WFOE, is a common investment vehicle for mainland Yiwu-based business. The unique feature of a WFOE is that involvement of a mainland Chinese investor is not required, unlike most other investment vehicles. WFOEs are limited-liability corporations organized by foreign nationals and capitalized with foreign funds. This can give greater control over the business venture in mainland Yiwu and avoid a multitude of problematic issues which can potentially result from dealing with a domestic joint venture partner.

 

Yiwu Company Incorporation -RO

A Chinese representative office (RO) is an institute setup in Yiwu, representing its parent corporate for liaison with Chinese counterparts. A RO is not considered to be a separate legal entity. It can not directly engage in business operation. However, through which its parent corporate can enter into contracts with its supplier/customers in Yiwu in its own name, but not under the name of RO. A representative office is popular for those who are willing to enter Yiwu at the test period of business and investment.

 

Yiwu Company Incorporation -EJV

The corporate form of an EJV is the limited liability company, which possesses the status of a Chinese legal person. It involves joint investment and operation and the sharing of profits and losses, as well as risks in proportion to the partners’ respective shares in the registered capital.

 

Yiwu Company Incorporation -FIPE

The Foreign Invested Partnership Enterprise (FIPE) is an unlimited liability business entity without minimum requirements on registered capital. A partnership in the People’s Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People’s Republic of China to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested.

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my

Vietnam Company Registration

Vietnam Company Registration

Veitnam

 

 

Business and Investment in Vietnam is not only economically attractive, it can also rely on a modern legal framework. The practical business requires highly qualified management and understanding of legal and practical conditions.With the new provision of having more than one Legal Representative, the typical foreign invested Limited Liability Company can be organized according to international standards.

 

The new law states that all business lines not being prohibited or restricted are free. This is a major improvement; the implementation on the administrative level probably will take time and needs patient persuasion.
 

Types of Vietnam Companies available for foreign direct investment

(a) Representative Office;

(b) Branch Office;

(c) Limited Liability Company (“LLC”);

(d) Partnerships;

(e) Joint Stock Company (Shareholding Companies) (“JSC”).

 

Foreign Investment

A foreign investor can own up to 100 (one hundred) percent of the charter capital depending on the business lines and models of investment. A thorough examination of the business lines, legal framework, WTO commitments and regulations under Free Trade Agreements are necessary.

 

Registered Capital

For limited liability companies and joint stock companies, capital contribution must be fully paid within 90 days from the issuance day of Enterprise Registration Certificate.

For a LLC the law does not state a general required minimum Charter Capital. However, it has to be in a reasonable relationship to the intended business. For certain business lines the law does state a minimum Charter Capital.

 

Shareholders & Directors

A typical Vietnam company will require the following key persons:

  1. Director (General)
  2. Legal Representative
  3. Authorized representative

 

Registered Address

Taiwan address is required for registration purpose. Tannet will be able to provide registered address.

 

Business nature

Investment is currently not permitted in following sectors:

– Business in some of drugs1;

– Business in some chemicals and some mineral2;

– Business in specimens of wild fauna or flora according to the Convention on International Trade in Endangered Species;

– Business in specimens of species of endangered and rare wild fauna or flora3;

– Business in prostitution;

– Purchase or sale of humans, tissues or parts of human body;

– Activities relating to asexual reproduction.

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my

UK Company Registration

UK Company Registration

UK TRademark

Company Name

The company name can only be in English language and ends with LTD or LIMITED. The company can be comprised of the words “International”, “Industrial”, “Investment”, etc.

 

Controlled or sensitive words such as “Royal”, “Commonwealth”,“Bank”, “Union”, “Chamber of Commerce”, “Holdings”, “College”, “Association”, “Foundation”,etc will be required to obtain approval.

 

Note: For company names with the word “Group”, there must be at least 3 subsidiaries under the holding company.

 

Registered Capital

For a UK limited company the law does not state a general required minimum Charter Capital. It is recommended to be 1000GBP. There is no limit in regards to registered capital (No additional stamp duty payable). However, 0.5% stamp duty calculated based on registered capital will be incurred for transfer of shares or change of directors.

 

Shareholders & Directors

A minimum of one shareholder and one director, can be the same person and with no nationality restriction. Shareholders and directors must be at least 18 years of age and must not be bankrupt or convicted for any malpractice in the past. There is no requirement for the directors to also be shareholders, i.e. non-shareholders can be appointed directors.

 

Registered Address

The Registered Address for UK company must be situated in UK. The address detail is also included in the Certificate of Incorporation. Details of directors and officers must be provided. We provide the necessary ongoing services as Registered Address.

 

Business Scope

There are no restrictions as to the type of business for a UK company. A UK company is basically permitted to be involved in businesses such as trading, consultancy, investment, etc.

 

Documents & Information required:

  1. Proposed company name
  2. Passport copies of all shareholders & directors
  3. Shareholding ratio

 

Assistance in Opening a Bank Account

Delaware Company can open the bank account outside Delaware, more commonly known as offshore bank account. We can provide the service for bank account opening in Hong Kong, Shanghai, Malaysia, Singapore, Liechtenstein and other areas. Our company can provide the whole set of opening bank service including: recommending the bank/ preparing the opening bank documents (certified true copies)/meeting minutes/application form/ arranging the introducer.

 

Annual Renewal

UK Company is required to complete annual renewal (confirming details on UK company registration), filing annual audited accounts and tax return. The deadline for submission will be one month before the anniversary of incorporation day.

 

Taxation and Tax Declaration

The year end for tax submission falls due on the 31st of March each year. There is no income state tax for UK LLCs that do not conduct business in the UK.

 

Contact us

If you have further queries, please contact us

Malaysia hotline:603-21418908;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet.com.my

Nanchang Company Incorporation

Nanchang Company Incorporation

There are several types of company incorporation in Nanchang, each serves different functions. We will be able to recommend the best company structure based on the requirements of the business owner.

 

China

Common Types for Company Incorporation:

1. Wholly foreign owned enterprise (WFOE);

2. Representative Office (RO);

3. Foreign invested partnerships enterprise (FIPE).

4. Cooperative joint venture (CJV);

5. Equity joint venture (EJV);

 

Nanchang Company Incorporation – RO

A Chinese representative office (RO) is an institute setup in Nanchang, representing its parent corporate for liaison with Chinese counterparts. A RO is not considered to be a separate legal entity. It cannot directly engage in business operation. However, through which its parent corporate can enter into contracts with its supplier/customers in Nanchang in its own name, but not under the name of RO. A representative office is popular for those who are willing to enter Nanchang at the test period of business and investment.

 

Nanchang Company Incorporation -FIPE

The Foreign Invested Partnership Enterprise (FIPE) is an unlimited liability business entity without minimum requirements on registered capital. A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People's Republic of China to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested.

 

Nanchang Company Incorporation -CJV

In most respects, CJVs are structurally similar to EJVs. Unlike EJVs, however, CJVs can be established either as a limited liability company as a non-legal person, in which the partners are subject to unlimited liability and thus entirely liable for any losses. The rights and obligations of the JV partners concerning issues such as distribution, investment, operation and sharing of profits/losses and risks are determined by the individual joint venture contract.

 

Nanchang Company Incorporation -EJV

The corporate form of an EJV is the limited liability company, which possesses the status of a Chinese legal person. It involves joint investment and operation and the sharing of profits and losses, as well as risks in proportion to the partners’ respective shares in the registered capital.

 

Nanchang Company Incorporation -WFOE

The Wholly Foreign Owned Enterprise, abbreviated WFOE, is a common investment vehicle for mainland Nanchang-based business. The unique feature of a WFOE is that involvement of a mainland Chinese investor is not required, unlike most other investment vehicles. WFOEs are limited-liability corporations organized by foreign nationals and capitalized with foreign funds. This can give greater control over the business venture in mainland Nanchang and avoid a multitude of problematic issues which can potentially result from dealing with a domestic joint venture partner.

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my

Taiwan Company Registration

Taiwan Company Registration

Taiwan-Flag-Wallpaper

 

Advantages of Taiwan Company Registration

Taiwan products have become very popular in recent years. Registration of Taiwan Company can allow the firm to become competitive in promoting products & services in Taiwan market. The taxation model is rather simple as Taiwan government has granted tax incentives to business firms, especially those related to exportation. Taiwan Company can also serving the function of running offshore business.

 

Types of Taiwan Companies

Representative Office

Registered under company name as an office permitted to coordinate activities with the aim of enhancing communication with Government authorities, suppliers or customers.

 

Subsidiary / Branch office

Registered under company name and permitted to carry out business-related activities, signing of agreement and contract as well as issuing invoice.

 

Subsidiary

Registered under name of natural person or legal representative and is deemed as a separate entity from the holding company. Permitted to run activities under the name of individual company, e.g to get listed on the stock exchange or to purchase properties.

 

Company Name

Representative Office (Name of holding company + Taiwan RO); Subsidiary / Branch office (Holding company region + Name of holding company + Business Nature + Organizational structure) ; Subsidiary (Region of subsidiary + Company Name + Organizational structure)

 

Type of company must be shown in the company name. It is prohibited to use any name which is same or similar company name with others, related to government or non-profit organizations or not accordance to the public order and moral standards.

 

Registered Capital

Recommended to be 500,000 TWD, no stamp duty incurred for increase of registered capital, requirement to have 100% paid up capital (once off).

 

Shareholders & Directors

A minimum of one shareholder and one director, can be the same person and with no nationality restriction. Shareholders and directors must be at least 18 years of age and must not be bankrupt or convicted for any malpractice in the past. There is no requirement for the directors to also be shareholders,  i.e. non-shareholders can be appointed directors.

 

Registered Address

Taiwan address is required for registration purpose. Tannet will be able to provide registered address.

 

Business nature

The business nature of company is basically not limited. It is to be presented during registration. There is no restriction on the business nature, other than some controlled or special industries, such as media, advertising, financial related industries.

 

Documents & Information Required:

  1. Chinese company name in traditional Chinese ( 3 – 5 names)
  2. Business nature
  3. Passport copies (Person in charge and shareholder)
  4. Authorization letter appointing agents (Notarized)
  5. Business Plan
  6. Shareholding ratio
  7. Latest housing tax return copy
  8. Property ownership certificate copy
  9. Lease / Rental Contract copy

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my