Foreign-invested Consulting Company
Proposed Business Scope (depend on final approval of the authorities
Enterprise Management Consulting, Marketing consulting, etc..
Start from the date on which the Company is issued its business license and terminate 20 years thereafter
Registered Capital and Total Investment
Please note that the total investment is essentially the amount of money that the company needs to be able to operate. “Registered capital” refers to the portion of the total investment that the investor needs to inject. There are mandatory ratios between total investment and the registered capital which vary according to the amount of the total investment. For example, the total investment is less than US$3,000,000. If so, the registered capital of the Company must be at least 70% of the amount of the total investment. The new company is allowed to borrow foreign loan from investor within the amount of the difference of total investment and registered capital.
If the investor is a foreign company, 20% (no less than 100,000RMB) of the registered capital shall be paid within three (3) month after the date on which the company is issued its business license (the “Establishment Date”), with the remainder to be paid in within two (2) years after the Establishment Date.
An ordinary office with real estate certificate (no less than 30 sqm.)
Generally Consulting Company will be taxable for the following:
1. Business Tax and VAT (Value Added Tax):
Business Tax: 5%
VAT (since 2012) : small scale taxpayers 3% or general payer 6%
2. Additional Tax: 11%-13% of business tax or VAT
3. Income Tax: 25% of profit
4. Personal Income Tax