Shanghai is one of the major commercial centers in Mainland China established in 1927 (the name dates from the 11th century) and a strategic location in the east of China Sea, where numerous ports deal with all sorts of local and international trading activities. A popular and representative city like
Shanghai is appreciated by
foreign investors who want to expand their
businesses in China or decide to start a new one. Our
Chinese lawyers can help any entrepreneurs
register a company in Shanghai and can explain the legislation in this matter.
Steps in opening a company in Shanghai
The
shipping sector in Shanghai is one of the most profitable ones, as there are many companies which use the sea transport to carry their products on the
Chinese market or from
China to any other country around the world. Your company may perform shipping activities once you have decided on the type of business you want to establish (
wholly-foreign owned enterprise, joint venture or partnership), the name and the import and export licenses issued by the China Foreign Trade, Customs Registration & Export License. Please consider the following documents and matters when
setting up a company in Shanghai:
• register the name of the company;
• prepare the articles of association;
• apply for the necessary licenses and permits;
• open a bank account and provide the minimum share capital.
If you want legal advice in matters of
registering a company in Mainland China, we mention that our
attorneys in China are here to offer the necessary information.
Opening a company in Shanghai can be a suitable and profitable option for both local or foreign investors, considering that
China is the worlds’ major producer of any kind of goods, no matter the industry.
Why open a company in Shanghai, China?
Shanghai means “Upon the Sea” and was a city built on the sea when Song Dynasty ruled the country in the 11th century. It represents
China’s major city, where all kinds of activities are performed in varied industries like fishing, agriculture, real estate, engineering, transportation and so on. There is an optimal
business environment for any kind of investors in a city which expands on a daily basis. Your attention may be directed to the
stock exchange in Shanghai, one of the reliable and sustainable markets on an international plan, where investors can invest with the help of Chinese shares or funds which are traded in the U.S. The potential is huge, as such investments generate money in a short period of time, if the market was properly researched before any movement.
Your
company in Shanghai can be a successful one, if you ask for suitable help, therefore, we recommend you
contact our
law firm in China for business consulting, financial planning and company registration.