Malaysia Hotline: +603- 2141 8908
A
representative office is an office established by a company to conduct
marketing and other non-transaction operations, generally in a foreign country
where a branch office or subsidiary is not warranted. Representative offices
are generally easier to establish than a branch or subsidiary, as they are not
used for actual "business" (e.g. sales) and therefore there is less
incentive for them to be regulated.
Function of China Representative Office
1.
It can handle market research, sourcing, project investigation, quality control
for parent company, liaison with customers and suppliers
2.
It cannot enter into purchase/sales contracts and receive payment for services,
issue invoices.
3. A
RO can open bank accounts and employ staff for above- mentioned purposes.
4.
Apply for work permit and residence permit.
5. A
RO is still subject to tax liability, so monthly tax return should be carried
out regularly.
6.
If a RO is set up in Shanghai, it is qualified to get a car without entrance
tax.
Advantages
of China Representative Office
1.
Affordable: no paid capital required, government and service fees are usually
lower than what is needed for WFOEs.
2.
Quicker registration process (usually within one month or so)
3.
Less paperwork required for application (compared to wholly foreign owned
enterprises)
China
Representative Office (RO)is a
good way for foreign investors since no paid up capital and the easy process.
Procedure for China Representative Office
1.Securing
an office for registration
2.Preparation
and collection of relevant Registration Documentation
3.Online
Registration Application Via Administration Industry and Commerce (AIC) website
4.Registration
certificate and working card application
5.Chop-making
and filing with Public Secretary Bureau
6.Enterprise
Code Certificate Application at Technical Supervision Bureau
7.Tax
Registration Certificate Application at Local Tax Bureau and State Tax Bureau
8.Bank
account opening
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my