Representative Office(RO) in Chengdu
Representative Office(RO) is an institute setup in China, representing its parent company for liaison with Chinese counterparts. A representative office (RO) is not considered to be a separate legal entity. It can not directly engage in business operation. However, the representative office (RO) which its parent company can enter into contracts with its supplier/customers in China in its own name, but not under the name of representative office (RO). A representative office is popular for those who are willing to enter China at the test period of business and investment.
Chengdu is becoming one of the favorite cities for investment in western China. Many high-tech enterprises from outside are beginning to settle down there. If you want to invest in Chengdu China, you don't just turn to the relevant government departments for so many certificates and formalities, but turn to TANNET. At TANNET we are not only give you tailor-made service for your need, but also for your satisfaction. TANNET’s services are business-orientated and value-orientated.
Chengdu Representative Office Registration-Representative Office Name
The Chinese government has a name format for anyone who wants to setup a representative office (RO)in China, the format is: country (area) + parent company name + Chengdu Representative Office
Chengdu Representative Office Registration-The Privilege and Function of Representative Office
1. The representative office (RO) enjoys a great popularity among foreign investors since its easier setup & management. Unlike foreign investment enterprises, representative offices are not required to meet stringent requirements for items such as capital injection.
2. The functions of a representative office (RO) are as follows:
a. It can handle market research, sourcing, representative office (RO)investigation, quality of representative office (RO)for parent company, liaison with customers and suppliers
b. It cannot enter into purchase/sales contracts and receive payment for services, issue invoices.
c. A representative office (RO) can open bank accounts and employ staff for above- mentioned purposes.
d. Apply for work permit and residence permit.
e. A representative office (RO) is still subject to tax liability, so monthly tax return should be carried out regularly.
f. If a representative office (RO) is set up in Shanghai, it is qualified to get a car without entrance tax.
Chengdu Representative Office Registration-Procedures
Preparing all the needed documents→ fill out the application form→ sign the agreement with ATA→ pay for the services→ submit all the needed documents→ name reservation→ apply for the business license and work card→ go to the public security bureau for stamp-make→ apply for Organization Code License & card→ apply for Registration license of the Local & National Taxation Bureau.
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