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China Company Formation

With over 1.3 billion people, the People's Republic of China "China" is the world's fourth largest country and the world's fastest-growing economy. Developing effective and profitable operations in China is undoubtedly the greatest single opportunity for companies today. Since 1978, when China opened its doors to the outside world, China has enjoyed tremendous annual economic growth. It is now the second largest economy in the world and the world's single biggest recipient of foreign direct investments among developing countries. China's accession to the World Trade Organization is widely expected to trigger a further wave of inward investment from foreign companies as the terms of entry to new sectors of the China economy are progressively liberalized.

China is a dynamic market and international investors and buyers can find a wide range of quality products at very competitive prices. China is a major producer of textiles, apparel and footwear; raw materials, metals and chemicals; toys and handicrafts; and foodstuffs, among others.

Besides the obvious potential for selling consumer goods, China has a requirement for a wide range of agricultural and industrial raw materials, high tech components, capital goods and services. Due to the rapid development of the Chinese economy, it offers sellers ample opportunity to place goods in this fast growing economy. Many top brand names from across the world can now be found in the local high street of most major Chinese cities.

For manufacturers, China has the ability to provide a skilled work force and in some areas, so-called Special Economic Zones offer special incentives for specific production sectors. Through our extensive network of contacts in China, we are able to assist clients in finding the most tax advantageous and cost effective solution for their business.

CMS is able to assist its clients in the complete registration process of their business entities, our other services include:

• Obtaining a detailed credit report on a Chinese company
• Introducing possible joint-venture partners
• Market research and feasibility study
• Attending to corporate and personal tax registration
• Assistance in finding office space
• Staff Recruitment
• Opening of bank accounts in local and foreign currencies
• Book keeping and arranging for audit of accounts

We will be happy to provide a quotation upon receiving further details regarding the activities of the proposed company such as estimated turnover, number of staff to be employed, location of company and proposed size of factory.

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