Set up a Company for Real Estate Services in China
Set up a Company for Real Estate Services in ChinaUpdated on Tuesday 10th July 2018
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The appealing real estate market in China is on the business list for both locals and foreigners willing to explore the investment opportunities and set up their operations in this country. A company registered with real estate activities may represent the proper choice for investors from abroad who are interested in generating money in this prolific sector. A WFOE in China is the suitable business entity which allows 100% ownership of the business for entrepreneurs from abroad. For knowing better the main conditions of setting a WFOE in China for real estate activities, we suggest you address to our Chinese lawyers.
What type of real estate activities can I perform in China?
A registered company for real estate services in China can offer different services on the market, among which we mention the following:
- • consultancy for buying, selling or renting properties in China;
- • property administration for residential houses, offices, apartments, etc.;
- • complete consultancy for real estate developers (commercial, residential);
- • support for real estate transactions and investments in China.
Your real estate company in China can spot and develop the opportunities on the market through strategic projects and investments for different clients. We remind that for opening a business in China, it is best to have an idea about the legal terms and conditions, a case where our Chinese attorneys can offer comprehensive support.
Selling properties in China
All properties in China are sold or rented in respect with the provisions of the Property Law of the People’s Republic of China and bearing in mind the taxes levied in such cases. For example, commercial properties in China are subject to the enterprise income tax, and the land value appreciation tax. Real estate companies in China can impose their own commissions for varied types of transactions, whether for sale or for property lease.
Do I need real estate due diligence in China?
Yes, it is mandatory to perform real estate due diligence procedures, with complete legal support offered by our attorneys in China. A company that offers real estate services in China can consider such procedures before any property transaction but under complete supervision of a Chinese lawyer who knows the legislation in this prolific sector.
We invite you to contact our law firm in China if you want to open a company for real estate services in China.