Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Company Registration in China - Access to a Global-Scale Economy.
You can register a company in China with 100% foreign ownership (WFOE) in most industries. China has a large domestic market, a developed industrial base, and significant international trade. The country is particularly attractive to companies focused on manufacturing, trade, technology, and access to Asian markets. Special tax regimes and incentives are available for certain types of businesses and regions, including Hainan Free Trade Port. You can register a company in China with 100% foreign ownership (WFOE) in most industries. China has a large domestic market, a developed industrial base, and significant international trade. The country is particularly attractive to companies focused on manufacturing, trade, technology, and access to Asian markets. Special tax regimes and incentives are available for certain types of businesses and regions, including Hainan Free Trade Port.
Updated

Manufacturing, Supply Chains, and Market Access in One Setup.
China is one of the world's largest markets and manufacturing hubs. The Foreign Investment Law established a unified framework for foreign investors, while the Negative List has been reduced to a limited number of restricted sectors. Manufacturing is fully open to foreign investment. A WFOE can be registered through SAMR within a few weeks, while subscribed capital must be paid within five years under the amended Company Law. The standard corporate tax rate is 25%. Companies with small profits may qualify for an effective rate of around 5% through 2027, while certified high-tech enterprises are taxed at 15%. The Hainan Free Trade Port offers a 15% corporate tax rate, and following the introduction of the island-wide customs regime, qualifying companies can benefit from zero-tariff imports.
SAFE regulates capital movements and profit repatriation. Repatriating funds requires an audit, tax clearance, and a board resolution. The fapiao system is used for tax accounting. Corporate chops have legal significance, and their custody is part of corporate governance. The legal representative bears personal responsibility, and their presence is usually required when opening a bank account. A company in Hong Kong can be used as a holding structure above the WFOE. Where an applicable tax treaty provides for it, dividends may be paid to the holding structure at a reduced withholding tax rate. Tax treatment depends on the applicable treaty.
Little permission needed now: manufacturing fully open, WFOE via SAMR in weeks, capital paid within five years under the new Company Law. Rates follow policy: 25% standard, ~5% small through 2027, 15% for HNTE and Hainan's customs-closed port.
The machinery is the point: repatriation is a papered annual exercise that works when books are fapiao-clean; chops outrank signatures and custody is governance; the legal representative is real responsibility. The HK parent at 5% treaty is the classic build - decided day one.
Company Registration in China - cost & packages.
Company
Business Registration in China - name clearance, WFOE registration with SAMR, corporate chops, tax registration, and the first year of the registered address included.
Optional add-ons: Hainan FTP structuring - scoped per case · HK holding pairing - from $1,800 · accounting - from $350/month · renewal - from $2,800/year.Add-ons: Hainan per case · HK pairing from $1,800 · accounting from $350/month · renewal from $2,800/year.
Start with Company →Company + Bank Account
A fully operational WFOE with Chinese banking - a basic RMB account plus a capital account set up in accordance with SAFE requirements, with the legal representative attending in person.
Key Business Activities in China.
The Negative List identifies a limited number of restricted sectors, while other industries are open to 100% foreign ownership. The business scope listed on the licence determines which activities the WFOE can conduct and invoice for, so it is important to define it in advance.The negative list restricts little; scope on the licence defines what you may invoice.
Fully open to foreign investment - in-house manufacturing within global supply chains, with potential VAT refunds on exports.
A trading WFOE with customs registration for purchasing and selling goods within the system.
A straightforward entry option: a defined service scope, quick setup, and the ability to issue fapiao to Chinese clients.
Operations through domestic platforms and cross-border channels with the required licences.
HNTE certification with a 15% tax rate and additional tax deductions for research expenses.
A 15% island regime under a separate customs system for tourism, trade, services, and technology.
Fully open, rebates on export.
Customs-registered WFOE.
The lean entry.
Platform licences mapped.
HNTE at 15%.
The 15% island.
Key Advantages of the Jurisdiction.
1.4 billion consumers and the world's largest manufacturing base - a key factor for companies entering the market.The argument ends there.
The preferential regime through 2027 can reduce the tax burden for WFOEs with small profits.Through 2027.
A customs-closed free-trade port with zero-tariff imports - China's own low-tax island.A free-trade port with a separate customs regime, a 15% corporate tax rate, and zero-tariff imports.
Manufacturing and most services at 100% foreign ownership - the JV era is largely over.Manufacturing and most services are available under 100% foreign ownership, without mandatory local participation.
Exporters reclaim VAT on the way out - the quiet subsidy of the trading system.Exporters may qualify for VAT refunds when goods are exported, reducing the tax burden on exports.
Certified high-tech enterprises tax at 15% with R&D super-deductions stacked.Certified high-tech enterprises are taxed at 15% and may qualify for additional deductions for R&D expenses.
China vs. Other Countries.
Hong Kong is a holding jurisdiction rather than an alternative. Singapore is an option for a regional headquarters. Vietnam is a China-plus-one destination. India offers access to a large consumer market. China combines access to its domestic market with an established manufacturing base and supply chains. Data is current as of 2026.HK: the layer above. Singapore: the HQ rival. Vietnam: plus-one. India: the other billion. China: where it all actually is. As of 2026.
| Jurisdiction | Corporate tax | Ownership | Signature edge |
|---|---|---|---|
| China (WFOE) | 25% · 5% small · 15% zones | 100% open list | The market + supply chain |
| Hong Kong | 8.25/16.5% | 100% | Holding jurisdiction |
| Singapore | 17% − exemptions | 100% | Regional headquarters |
| Vietnam | 20% | 100% licensed | China-plus-one |
| India | 25-30% | 100% most | Large Consumer Market |
Key Requirements for Company Registration in China.
Сompany registration in China - From Application to Launch in Weeks.
The company registration process in China consists of several stages - from SAMR registration and tax registration to bank accounts and SAFE.Scope and legal-rep decisions first, SAMR and chops in two weeks, tax and fapiao next, banking around one prepared visit - 4-8 weeks.
Business activities, city, capital amount, and legal representative - determined before filing.
Name clearance and preparation of notarised and legalised shareholder documents.
Business licence issued and corporate chops produced.
Tax registration, VAT status, and invoice quotas activated.
Basic and capital accounts opened. The legal representative must attend in person.
Sector licences, import/export rights, and initial hiring arranged in parallel.
Profit repatriation is carried out annually and requires an audit, tax clearance, and a board resolution. Proper accounting helps complete the process without unnecessary complications.
On the ground in China.

Your setup is run with Shanghai counsel and accountants who file SAMR and SAFE work every week.
Custody, scope drafting and the legal-rep framework - the systems that keep control yours.
Fapiao-clean books, audits and SAFE filings - dividends that actually leave.
A network of offices across Europe, the Gulf and the Americas - one team for your whole international structure.















Business Taxation in China: Key Tax Regimes and Incentives
China’s tax system provides a standard regime for companies, along with preferential conditions for certain types of businesses, high-tech enterprises, and projects in special economic zones. Eligibility for incentives depends on the company’s status, business activities, location, and compliance with applicable requirements. China’s tax system provides a standard regime for companies, along with preferential conditions for certain types of businesses, high-tech enterprises, and projects in special economic zones. Eligibility for incentives depends on the company’s status, business activities, location, and compliance with applicable requirements.
The preferential regime for companies with small profits is available through 2027.The preferential regime for companies with small profits is available through 2027.
HNTE certification, Hainan FTP, and preferential regimes for certain zones provide for a 15% tax rate.HNTE certification, Hainan FTP, and preferential regimes for certain zones provide for a 15% tax rate.
The rate depends on the category; exporters may qualify for VAT refunds.The rate depends on the category; exporters may qualify for VAT refunds.
The 5% rate under the Hong Kong tax treaty applies when the relevant conditions are met.The 5% rate under the Hong Kong tax treaty applies when the relevant conditions are met.
Owners remain responsible for their tax obligations in their countries of residence. A structure involving a Hong Kong company should be established at the outset, as treaty benefits depend on the ownership structure and compliance with the applicable conditions.
The specialists who'll handle your case.
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Handles incorporation paperwork, KYC and bank introductions so your Chinese company launches without delays.
Active across our channels.
The market that needs no argument, run by its own rules - WFOE, chops, SAFE and the HK layer in one properly-built project.
Talk to a specialist →Сompany registration in Сhina, answered.
Can I complete business registration in China without visiting?+
In most cases, name clearance, SAMR registration, corporate chops, and tax registration can be completed using notarised and legalised documents under a power of attorney. Banking is the exception - banks almost always require the legal representative to be present in person once. We arrange the trip as a prepared two-day visit.
How much does the registration of a new company in China cost?+
Turnkey registration starts from $3,900, including SAMR registration, corporate chops, and the registered address for the first year. With banking and SAFE registration, the cost starts from $6,500. Setting up a Hong Kong holding company starts from $1,800. Renewal and accounting services start from $2,800 per year.
Is 100% foreign ownership possible in China today?+
Yes. The Negative List covers a limited number of restricted sectors, including media and certain areas of telecommunications. Manufacturing and most services are open to 100% foreign ownership without a JV. The Foreign Investment Law abolished the separate WFOE legal regime, although the term WFOE remains in use. Before registration, we check your business activities against the current list.
What taxes does a company pay in China?+
The standard corporate income tax rate is 25%. Companies with small profits may qualify for an effective rate of around 5% through 2027, while certified high-tech enterprises and qualifying companies in the Hainan Free Trade Port may qualify for a 15% rate. VAT is 13/9/6%, depending on the category, with VAT refunds available on exports. Dividends are subject to 10% withholding tax, or 5% where the Hong Kong tax treaty applies.
Who is the legal representative?+
The legal representative is an individual who acts on behalf of the company, is listed on its business licence, and bears responsibility for its activities, including the consequences of serious corporate violations. This is not a nominal formality but a key part of corporate governance. We help you choose the representative, put appropriate safeguards in place, and handle their replacement when required.
How do corporate chops work?+
In China, the company chop, finance chop, and legal representative chop are used where signatures would typically be expected in Western practice. Whoever controls a chop can, in practice, act on behalf of the company. That makes proper custody and use essential: we define authorised holders in advance, keep usage records, and separate access.
Can I repatriate profits from China?+
Yes, annually, provided the required documents are in place: audited financial statements, tax clearance, a board resolution, and SAFE processing. Dividends are subject to 10% withholding tax, or 5% where the Hong Kong tax treaty applies. Proper accounting from day one makes subsequent profit repatriation easier.
What is the Hainan Free Trade Port?+
It is a special regime in Hainan with a separate customs system. Subject to the applicable conditions, companies can benefit from a 15% corporate income tax rate, while certain imported goods are eligible for zero tariffs. The regime also provides more flexible rules for cross-border transactions and covers projects in tourism, trade, services, and technology that meet the relevant requirements.
Why set up a Hong Kong company above a WFOE?+
This is a common structure: subject to the applicable treaty conditions, dividends from China may be subject to a 5% withholding tax rate instead of 10%. A Hong Kong company can also serve as a holding structure and facilitate international operations. Establishing this structure at the outset can avoid the need for subsequent restructuring.
How long does it take to register a company in China?+
The process typically takes 4-8 weeks: documents and the company name are prepared first, followed by SAMR registration and corporate chop production within 1-2 weeks. Tax registration and fapiao setup follow. The banking stage depends on the legal representative’s in-person visit. Sector-specific licences and import/export rights are handled in parallel.
Founders who wanted it done right.
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”

“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”

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Other jurisdictions & licenses.
Start your Chinese company today.
Tell us about your business and a specialist will reply within one business day with an honest recommendation - WFOE, the Hainan option, the HK pairing - a timeline and a fixed quote.A China specialist will reply within one business day with an honest recommendation, a timeline and a fixed quote.