Establishing representative office in China for foreign enterprise
A representative office is a good choice for foreign enterprise entering the China market. The representation office is a point of connection for foreign enterprise in China. A representative office is not a body incorporate and is not allowed to carry out any profits seeking business, such as purchase and sales contracting, prividing services for profits, also not allow to issue invoice and sending remittance aboard. A representaive office can have bank account, can have employees for business contacting purpose, but all deal must be made under the title of the foreign enterprise not the representative office. The representaive office is a mean of communication and acting as a catalyst for business between China and the foreign enterprise.
The procedure for establishing an representative office is comparatively simple, and no capital limitation as it's not a profit seeking organisation.
Foreign Enterprise residential representative office in Shanghai
Documents required for establishing a residential representative office in Shanghai
(1) An application duly signed by the chairman of the board or general manager of the foreign enterprise with such details as the name of the residential representative office, names of the persons-in-charge, its scopc of business, residential dureationand its address, etc ;
(2) A legal business certificate issued by competent authorities of the country or region where the applicant is located;
(3) A letter issued by a bank which has business relations with the applicant testifying to its financial and credit standing ;
(4) Power of attorney issued by the applicant for the staff of its office and their curriculum vitae.
Consulting Service on Taxation
We are experienced in providing local taxation service as we have wonderful contact with local tax department. We are professional tax consultants as well we provide tax planning and advice. The outstanding performance of our professional service is the capability to put forward an effective solution according to the individual condition of the clients.
Consulting Service on the Taxation of a Company
1. To offer taxation service on the customer’s domestic existing business and the business being planned.
2. To check the taxation of a company and then make a best proposal on saving taxes.
3. To assist customers in negotiating with a local taxation institution to obtain its preliminary recognition of certain taxation problems.
4. To assist clients in applying for taxation reduction and exemption.
5. To assist clients in asking the taxation institution for reconsideration or discussion of some unsolved taxation problems.
6. To assist clients in making taxation registration, taxation application, checking the contract and taxation context in the contract according to taxation law.
Personal Income Tax Consulting Service
1. To offer private taxation consulting service to foreign employees permanently residing in China and local employees.
2. To assist clients to discuss the taxation issues with tax bureau.
3. To assist the clients in paying taxes including making taxation registration and private taxation application for those assigned to work in China and for those local Chinese employees as well.
4. To provide latest regulations and information on taxation.
5. To offer comprehensive taxation consulting service.
Factories Architecture Consultants
Approach to Client Interaction
Discussion:
Following an introduction to the potential client, a brief outline of the range of services that is available to client is presented. Generally, this meeting is to secure the client’s interest in using our services and understanding of the client’s needs.
Concept & Planning:
With the client’s input of their requirement for the project, a conceptual plan will be made incorporating their requirement and our ideas. This will be the proposed plan that will give a general outline of the project.
Presentation:
Upon completion of the conceptual plans, a presentation of the project will be made to the client. This presentation will encompass the concept of the project as well as a brief on the project. A cost analysis may also be presented, if required. During the presentation, the client’s opinion will be noted and deliberated for incorporation into the design at the future stage.
Negotiation:
If the client accepts the proposal made to them, negotiation will then be made to finalize the Contract. The scope of work and payments will be part of the discussion.
Contract:
A Contract based on the agreed term will be formalized. If a turnkey construction Contract is desired, a formal letter for Power of Attorney shall be issued by the client to enable us to act on their behalf in regards to the project only.
Drawings:
Preparation of the complete plans for the project will be made and submission to the authority for approval with be made. Appointments of various licensed professional to handle the submission and approvals will also be made at this stage.
Construction:
Contractors for the various trade of construction will be appointed. Project management of the site and work will remain with us.
Completion & Handling Over:
Upon completion of the project, the work will be handled over to the client. There will be a defect liability period of 12 months after completion of the project, whereby all defects arising from the construction will have to be rectified.
Shanghai General Information
Location: Located in the eastern edge of the Yangtze Delta and faced to Pacific, Shanghai is in the mid-point of China's coastal line and has a perfect natural port and thus an easy transportation system.
Area: 6,340.5 square kilometers
Population: About 13 million
Environment: Environment protection and construction is one of the important parts of the Shanghai's sustainable economic development strategy. After the treatment of the pollution of the Suzhou creek and application of lead free gasoline, the water and air quality has been improved a great deal. The city's green space coverage will reach 20.2% by 2000.
Human Resource: The total number of Shanghai professional technicians reached 1.41 million and nearly 0.2 million of them are engaged in scientific and technical activities. Shanghai now possesses 39 full-time colleges and universities and over 40 subjects are at the world leading levels.
Economic Development
Industry: Shanghai now has nearly 40,000 industrial enterprises, with about 4 million employees and over 400 industrial sectors. Shanghai's industry has many advantages, such as the complete and diversified industrial sectors, easiness to find cooperative partners, supporting products and material and convenience to reach domestic and overseas markets. Shanghai will expedite the development of 3 major high technology industries, i.e. integrated circuit and computer science, modern biology and new medicine as well as new materials in the future.
Agriculture: Shanghai's rural economy has completed its transition from small agriculture economy to suburban agricultural economy, which is more diversified, integrated and industrialized. The agriculture output of 1997 is about 20 billion RMB Yuan.
Foreign Trade and Finance: Shanghai has always been a foreign trade port of the largest scale nationwide. Shanghai's financial market is enjoying a rapid growth. A national financial market system has almost come into being, which takes the monetary market, capital market and foreign exchange market as its main components.
Infrastructure: Two international airports, Shanghai Railway, one of the ten railway hubs in China, Shanghai Port, the biggest port in mainland, and water freight form the convenient transportation system. The inner city transportation comes into a 3 dimensional system consisting of express main roads, elevated highway, tracks and cross-river roads. Shanghai post and telecommunications currently has formed a multidimensional communication network with the involvement of various means such as satellite, microwave and submarine cable.
