What are the advantages of registering a company in Shenzhen?
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Special Economic Zone, Innovation HighlandShenzhen is the most dynamic special economic zone in China, with the strategic positioning of "early demonstration zone" and flexible and open policies. Enterprises can enjoy a wealth of subsidies for science and technology innovation, talent funding and tax incentives, especially the special supportive policies of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. -
Industrial Ecology, Global WindowShenzhen is China's technology and manufacturing center, with a complete industrial chain from hardware R&D to software services. As the core engine of the Guangdong-Hong Kong-Macao Greater Bay Area, it is an excellent window for enterprises to connect to the international market, with a strong atmosphere of foreign trade and cross-border e-commerce. -
Fertile ground for entrepreneurship, vibrant cityShenzhen is known for its open, inclusive and efficient business culture, with a high concentration of startups and a confluence of capital, talent and information. The city is young and vibrant, making it an ideal place to incubate, grow and attract young talent. -
Business environment, efficient and convenientShenzhen has vigorously implemented the "digital government" reform, realizing "one network and one day completion" for business establishment, seal engraving, invoice application and other operations through the "One Window for Starting a Business" platform, which is the leading administrative efficiency in the country. Administrative efficiency is a national leader. -
Brand empowerment with unlimited potentialShenzhen Company" stands for innovation, efficiency and internationalization, which can significantly enhance the sense of technology and market trust of enterprises, and occupy a favorable position in financing, bidding and brand building.
What are the requirements for registering a company in Shenzhen?
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Registered Address Requirements
Must provide a real and effective commercial address (office space) in Shenzhen for registration. If you do not have a real office address, you can entrust a compliant business secretary enterprise to carry out address attachment (red lease contract or site use certificate must be provided). -
Registered Capital Requirements
Ordinary industries are subject to the subscription system, with no minimum registered capital restrictions. However, if the laws and administrative regulations have other provisions for specific industries (such as finance, labor dispatch, etc.), the minimum registered capital requirement is required. -
Business Scope Requirements
The expression needs to be standardized and eventually reflected in the business license. Ordinary business can be applied for directly with reference to the National Economic Industry Classification (NEIC); for business requiring pre- or post-approval (e.g., food operation, medical devices, etc.), the relevant license must be applied for first. -
Relevant personnel requirements
Shareholders and legal representatives: they must be natural persons aged 18 or above with full capacity for civil behavior, provide valid identification, and have no bad credit records.
Supervisors: A company must have supervisors (or a supervisory board), who may be shareholders or outsiders, and a legal person cannot be a supervisor at the same time.
The person in charge of finance: information on the person in charge of finance is required for tax registration.
What are the types of companies registered in Shenzhen?
limited liability company
corporation
Wholly Owned Enterprise (WOE)
partnership
Shenzhen registered companies need to prepare the basic information
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1. Name of the company
Prepare 3-5 alternative names in the format of "Shenzhen City + Font Size + Industry Characteristics + Organization Form".
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2. Registered address
Valid address proof documents (e.g. copy of real estate license, red lease contract, site use certificate). If the address is attached to the business secretary's address, an escrow agreement is required.
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3. Registered capital and equity ratio
Determine the total amount of capital to be subscribed and the amount and percentage of shareholding of each shareholder.
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4. Scope of operations
Formulate the main and auxiliary business, and the terminology needs to be standardized.
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5. Personnel identification information
Copies of ID (or passport) and contact information of all shareholders, legal representatives, supervisors and financial officers.
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6. Articles of Incorporation
Set out the basic guidelines for the organization and conduct of the company, which may be drawn up with the assistance of the agent.
Registration time: the entire standard process totals about 7-10 working days
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1
Phase IVerification and preparation
Log in to the "Guangdong Provincial Administrative Service Network" or "Starting a business one window platform" to submit the name pre-approval, through the "name pre-approval notice". -
2
Phase IIFill in the form and real name authentication
Fill out and submit a full set of establishment application materials online. All shareholders, legal representatives and supervisors are required to complete real-name verification through the "Registration Identity Verification" APP. -
3
Phase IIIApproval and Licensing
Market Supervision and Administration Department for online approval. After passing, you can download the electronic business license online or go to the window to get a paper license. -
4
Phase IVaffix a seal
With the business license to the public security record of the seal engraving point engraving official seal, financial seal, invoice seal. -
5
Phase VBank account opening and tax registration
Make an appointment with the bank to open the company's basic deposit account. Subsequently, complete the information supplement, tax type approval and invoice application at the e-Tax Office.
Q&A Frequently Asked Questions
Q1: Can I register a company in Shenzhen without a physical office space?
A: Yes. Shenzhen allows compliant business secretary companies to provide address-linked hosting services and issue hosting agreements as proof of registered address, which is a common choice for start-ups.
Q2: What are the special offers for company registration in Qianhai Free Trade Zone, Shenzhen?
A: Enterprises registered in Qianhai in line with the industrial catalog can enjoy a number of preferential policies such as preferential corporate income tax rate of 15%, rich cross-border financial policies, housing subsidies for talents and special support funds, which are particularly suitable for modern service industries such as finance, science and technology, and information services.
Q3: What are the restrictions on shareholders and legal persons for registering a Shenzhen company?
A: There are basically no restrictions on domicile and nationality. Natural person shareholders need to be at least 18 years old. A legal representative can be one of the shareholders, but cannot also be a supervisor of the company.
Q4: When do I start filing tax returns after my company is registered?
A: After completing tax registration and approval of tax types, tax returns (including zero returns) need to be filed on time (usually by the 15th of the following month), regardless of whether or not there is any income. Late filing will incur penalties.
Q5: Can the whole process of company registration in Shenzhen be handled online?
A: Most of them can. From name verification, submission of materials to obtaining an e-license, all can be done through the online platform. However, bank account opening requires the physical presence of the legal person at the counter, and seal engraving also needs to be done offline.
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