Together with our professional partners, GFC now offers the ideal turn key solution for companies looking to establish their first foothold into the China market. We offer companies all the practical advice and guidance to establishing a formal presence in the region, ranging from setting up a company through to assistance with Visas and import regulations.
Our experience in the region and people on the ground helps take the risk out of that all important first step.
Our list of service includes:
Most foreigners set up WOFE (Wholly Owned Foreign Enterprise) to do business in China, however we can asset with different options to fit your business needs.
We advise the client to set up a new company in Hong Kong as the sole shareholder of the WOFE, as one of the advantages in using a HK company as the sole shareholder is a significant tax benefit. Also any changes of shareholders and directors of the HK holding company do not need any registration with or approval from China authorities.
We will walk you through the administration process and steps to form the right company structure based on shareholding and tax implications.
We can provide monthly accounting services to WOFE in Shanghai, Beijing and Hong Kong.
Unlike Hong Kong companies, China companies have to file tax declaration with accounts each month, even though the company is dormant. We help WOFE clients on all taxation work.
We handle employees' monthly salaries tax deduction.
Monthly social welfare contribution (like MPF in HK).
Registration with local authority on employee's employment and termination.
Keep accounting books and records and produce monthly financial statements.
We help client on "fapiao" (taxed invoice) administration and accounting.
We help client on work visa application and give advice, specifically relating to company directors and their employees.
Most foreigners set up WOFE (Wholly Owned Foreign Enterprise) to do business in China, however we can asset with different options to fit your business needs.
We are very familiar with this area and give advice on which government authority to deal with including assistance on completing paperwork and filing documentation
We help client to handle import tax and respective refund.
We assist with applying and filling documentation relating to Food and Beverage licensing.
We introduce local lawyer firms (dual languages) and can act as liaison.
Based on the nature and scale of your business venture, we can assist with introduction to private and institutional investors suitable to the F&B, Retail and Consumer industries.