30 April 2021
Primasia Full China Incorporation Services Overview 2021
Primasia is a Hong Kong based company incorporations services provider that has been supporting both local and overseas clients in East Asia for over the past three decades. With this experience, we have been able to service and provide aid to our clients in high level business hubs such as Hong Kong, Singapore, and cities in Mainland China. All three of these places and their cities (Hong Kong, Singapore, Beijing, Shanghai, etc.) are extremely important business financial/technological and economical hubs in east Asia. We pride ourselves in ensuring that we have all the information you need to help you set up a business whether you are a local client or an international client.
As the world’s second largest economy and the most populous nation on earth, China is one of the fastest growing economies in the world; over the past few years more and more foreign companies have wished to set up a business entity here in China be it in the financial hub of Shanghai or the capital city of Beijing. China offers businesses and entrepreneurs enormous opportunities for foreign companies, both as a manufacturing labor pool and, increasingly, as a consumer market hub with seemingly never-ending potential.
Globally, the last two years have been a challenge for many people worldwide. With the COVID-19 pandemic breaking out early last year, and still ongoing, companies around the world have had to make diﬃcult decisions. Nevertheless, China has striven to improve its business environment as it has increased its GDP at an impressive rate for the last 30 years. China’s ranking in the World Bank Group’s Doing Business 2020 case study climbed to 31st regarding ease of doing business. This is up from 46th in 2019 and a major improvement on its 78th ranking in 2017. This means that China will be part of the cohort dubbed the ‘world’s top 10 most improved economies’ for the second time in a row. This is mainly due to its business reforms such as market access, tax, intellectual, property protection and processing of permits and licenses.
China has emerged as a stronger and more resilient investment destination despite suffering through the worst of the outbreak in the initial months of 2020. China successfully contained the outbreak within its borders enabling for a quicker recovery of its economy in comparison to western countries. This has helped stabilize the country’s social environment, integrated industrial system, efficient service and logistics networks, well-informed human resources and lastly a sizable domestic market. However, setting up an entity and doing business in China is a lot more complicated than forming a company and doing business in Hong Kong. In China rules, regulations and practices are constantly changing and vary from city to city, province to province. Therefore, it is important to find a reliable and experienced service provider to assist you with company incorporation in the region. It is here we believe that Primasia can help you.
Primasia offers a comprehensive, adaptive, and fully customizable list of services which can span from pre-registration to post registration. This is to ensure your company is well taken care of before and after company incorporation into the province/area of your choosing. In Primasia one-stop-shop China services we can offer clients the following:
Our China Set-Up Package
- Set Up Legal Entities
China Wholly Foreign-Owned Enterprise (WFOE)
Representative Office (RO)
Joint Ventures (JV)
- Company Bank Account Opening in China
- Work Visas Application
- Locating Office
- Locating Factory Space
Annual Company Secretary
Full China Accounting Services (Annual Audits and Tax Compliance)
Annual Tax Clearance
Payroll Calculation and Distribution
Social Security Registration & Filing
Business License Renewal
Abundant and flexible, isn’t it? So why should you choose Primasia as your corporate service provider in China? Here at Primasia we specialize in offering complete corporate solutions to multinational enterprises. With over 20 years of experience in multiple industries, our staff are fully capable of handling and providing the full China corporate and compliance services experience. In addition, Primasia has three on-site teams across China with one in Beijing, one in Shanghai and one in Guangzhou. This allows us to be flexible with understanding your needs per province/city you wish and your business to be based in allowing for maximum guidance in an ever-changing community.
Although entering this overgrowing market can have its many risks, Incorporate/creating a business entity in China can have its many rewards and benefits too. The first step to starting any business no matter where you are is to learn about the environment you wish to settle in. Tackling China on your own can be a big leap. But you are not alone. Primasia can be your guide to the Chinese market every step of the way with our one-stop-shop services. For more information, please visit the Primasia Corporate Services website to learn more about all our company’s services here in Asia, as well as the high degree of other services in or outside of China we offer.
Primasia Corporate Services is a Hong Kong based corporate services provider that has been supporting its clients in Asia for over three decades. Among several of our services, Primasia Hong Kong (Primasia) offers our clients Online Accounting services, China Company Incorporation services, Virtual CFO services, MPF Filing services, Profit tax filing services, Employment return filing services, Wholly Foreign-Owned Enterprise (WFOE) incorporation-, and registration services etc. One of our services which we are proud to be offering our clientele is our investment visa and working visa Hong Kong services.
Connect with Primasia Corporate Services Limited
Hong Kong Headquarters: Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong
Primasia is a Hong Kong based company incorporations services provider that has been supporting both local and overseas clients in East Asia for over the past three decades. With this experience, we have been able to service and provide aid to our clients in high level business hubs such as Hong Kong, Singapore, and cities […]