Our main business service is China company registry for foreign nationals. In China, every company that is controlled by a quota equal or superior to 25% by foreigners is considered a FIE (Foreign Invested Enterprise). Among the FIE there are two most common types of entity: WFOE China (Wholly Foreign Owned Entity), and the Joint-Venture.
WFOE (Wholly Foreign Owned Entity), that is, as the name suggests, a legal entity completely owned by foreigners. The type of WFOE used in the great majority of cases is the LLC (Limited Liability Company), where the responsibility (or “liability”) of each partner is limited to the capital they invested in the company (as in the US or in Europe). This is also the amount of registered capital required by the local government when submitting China company formation application.
The Joint-Venture, on the other hand, is a company controlled by both foreign and Chinese partners. If you want to operate your business in a “restricted” industrial sector considered by the government (such as mobile and data service in telecommunication,development of pieces of land in real estate industry), a Joint-Venture is your only option. Likewise, there are also industries which are “encouraged” or completely “prohibited” for foreign investment. For detailed information, please refer online to Catalogue for the Guidance of Foreign Investment Industries by the ministry of commerce in China.
It is highly advised to seek the help from a trustful professional when deciding to China registry. It’s even much more so when it comes to the corresponding legal and fiscal matters. We provide professional service in company registration in Shenzhen. With our help and consultation, our clients will understand their business plan better and be able to choose the right business scope to operate. During the course of past two years, we have successfully helped our clients to register their company in trading, manufacturing, consulting, information technologies and so forth.
The license of our client’s newly registered company(picture without information disclosure)
2. Accounting and Tax Services
Shenzhen State Tax Service Hall-Buji Branch
For small to mid-sized business owner, China SourceLink offer comprehensive accounting services and targeted financial advice with the goal of helping our clients succeed. You can count on us for traditional accounting services including bookkeeping, financial statements, and budgeting, but we offer so much more. We’ll identify solutions for preserving resources, reducing your tax burden, and streamlining your accounting procedures.
From complex tax planning strategies for businesses to basic income tax preparation for individuals, our goal is the same as yours: to keep as much money in your pocket as possible. We keeps tabs on changes to the tax laws so we can offer relevant tax planning solutions and accurate tax preparation services to our clients. Only experienced tax accountants like us can maximize deductions for your business because understand how State and Local tax regulations apply to businesses in your industry. We’ll make sure you take advantage of all the tax breaks you’re entitled to so your business can realize higher profit margins.
Besides accounting and tax services, we also provide payroll service.
3. China Work visa (Z visa) application
China Work visa (Z Visa) is issued to those who have obtained employment permit and intend to work in China. It is also a type of visa for those entrepreneurs who wish to stay in China to operate their business as a legal representative of a WFOE . A Chinese government issued working permit or employment license is required. Z visa is usually issued for one entry and the holder of Z visa should enter China within 90 days after visa is issued and must register at local public security bureau within 30 days of arrival, where the China Residence Permit will be issued to replace Z visa to allow multiple entry for one year.
China Working Permit for Foreigners
China Sourcelink is a leading supply chain solution provider that has base both in United States and China. We offer premium services in contract manufacturing, rapid prototyping, product design, product sourcing, quality control, and freight forwarding services for US companies that is planning to outsource manufacturing to China.
We are able to provide complete and tailor-made supply chain solutions for a wide range of industries, such as electronics and computers, hardware and tools, automotive, lighting equipment, building and construction material, machinery, textile and apparel, toys and consumer goods, packaging and more.