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Shanghai is the largest city by population in the People¡¯s Republic of China. The city is located in eastern China, at the middle of Chinese coast, and sits at the mouth of the Yangtze River. Due to its rapid growth over the last two decades it has again become a global city, exerting influence over finance, commerce, fashion, technology and culture.
Our Shanghai company registration services include wholly-owned foreign enterprise registration, representative office set up and joint venture set up. We specialize in small and middle size companies (SME) across all business sectors. As the effect of this specialization we can always deliver price effective solution you need.
shanghai company registration is also called shanghai company setup,shanghai corporate formation, shanghai business setup, shanghai company incorporation, shanghai business establishment and shanghai business registration.
There are several types of business setup in shanghai; the following are common types for business registration:
1.Wholly foreign owned enterprise (WFOE);
2.Representative office (RO);
3.Cooperative joint venture (CJV);
4.Equity joint venture (EJV);
5.Foreign invested partnerships enterprise (FIPE).
The Wholly Foreign Owned Enterprise, abbreviated WFOE, is a common investment vehicle for mainland shanghai-based business. The unique feature of a WFOE is that involvement of a mainland Chinese investor is not required, unlike most other investment vehicles. WFOEs are limited-liability corporations organized by foreign nationals and capitalized with foreign funds. This can give greater control over the business venture in mainland shanghai and avoid a multitude of problematic issues which can potentially result from dealing with a domestic joint venture partner.
A Chinese representative office (RO) is an institute setup in shanghai, representing its parent corporate for liaison with Chinese counterparts. A RO is not considered to be a separate legal entity. It can not directly engage in business operation. However, through which its parent corporate can enter into contracts with its supplier/customers in shanghai in its own name, but not under the name of RO. A representative office is popular for those who are willing to enter shanghai at the test period of business and investment.
In most respects, CJVs are structurally similar to EJVs. Unlike EJVs, however, CJVs can be established either as a limited liability company as a non-legal person, in which the partners are subject to unlimited liability and thus entirely liable for any losses. The rights and obligations of the JV partners concerning issues such as distribution, investment, operation and sharing of profits/losses and risks are determined by the individual joint venture contract.
The corporate form of an EJV is the limited liability company, which possesses the status of a Chinese legal person. It involves joint investment and operation and the sharing of profits and losses, as well as risks in proportion to the partners¡¯ respective shares in the registered capital.
The Foreign Invested Partnership Enterprise (FIPE) is a unlimited liability business entity without minium requirements on registered capital.A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People's Republic of China to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested.
If you have further queries, please don¡¯t hesitate to contact YAXIN anytime, anywhere by simply visiting YAXIN¡¯s website www.yaxin888.com/en , or calling Shanghai hotline at 86-10-57473212, or emailing to jack@86startup.com,or WhatsApp:+86 13163732387
