Company Formation in Guangzhou
Company Formation in GuangzhouUpdated on Thursday 07th September 2017
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Guangzhou is a popular city located in Southern China, with a history of more than 2,200 years, an important harbor which serves varied export and import trades. This major city offers numerous investment possibilities for both local and foreign entrepreneurs, therefore, if you are interested in opening a company in Guangzhou, we invite you to solicit legal support and guidance from our lawyers in China. Our team can guide you when drafting the documents with the authorities in charge of company registration.
How to open a company in Guangzhou
Businessmen from abroad have numerous possibilities of opening companies in Guangzhou and can choose to establish a joint venture, a wholly-foreign owned company or a partnership. The registration process implies several steps like:
- preparing the articles of association,
- providing details about the businesses’ address,
- verify and register a name,
- open a bank account for minimum share capital, if it is necessary, and for future financial activities.
One should know that the State Administration for Industry and Commerce of the People’s Republic in China issues the registration certificate of companies in the country. All the legal aspects must be fully understood, as there are several rules and regulations regarding the licenses available for the type of activities you want to implement, a matter where our Chinese lawyers can help.
Why start a business in Guangzhou?
As it is known, the market in China is full of opportunities in varied areas of interest and developed industries. Furthermore, Guangzhou is considered one of the fastest-growing cities in the world, where, for example, the e-commerce has shown its significant potential. The manufacturing sector in Guangzhou is at high levels, being known that numerous big companies have decided to relocate their businesses here, due to the proper labor force, affordable prices, varied incentives and stability on the market. Your attention can be directed to the shipping sector in Guangzhou, where you can create your own transportation business and benefit from the city’s large connections to countries worldwide.
Any information regarding the company formation in Guangzhou can be obtained from our law firm China, therefore, do not hesitate to contact us.