Process and materials to set RO in Guangzhou

Model:	webond
Brand:	webond
Origin:	Made In China
Category:	Services / Consulting / Company Registration
Label:	Guangzhou RO , registration of RO
Price:	¥1 / pc
Min. Order:	1 pc

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Product Description

ONE. THE CONCEPT OF REPRESENTATIVE OFFICE

A Chinese representative office (RO) is an institute setup in China, representing its parent company for liaison with Chinese counterparts. A RO is not considered to be a separate legal entity. It can not directly engage in business operation. However, through which its parent company can enter into contracts with its supplier/customers in China in its own name, but not under the name of RO. A representative office is popular for those who are willing to enter China at the test period of business and investment.

TWO. REPRESENTATIVE OFFICE NAME

The Chinese government has a name format for anyone who wants to setup a RO in China, the format is: country (area) + parent company name + Guangzhou Representative Office

THEREE. THE PRIVILEGE AND FUNCTION OF RO

1. The RO enjoys a great popularity among foreign investors since its easier setup & management. Unlike foreign investment enterprises ("FIEs"), representative offices are not required to meet stringent requirements for items such as capital injection.
2. The functions of a RO are as follows:
a. It can handle market research, sourcing, project investigation, quality control 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 RO can open bank accounts and employ staff for above- mentioned purposes.
d. Apply for work permit and residence permit.
e. A RO is still subject to tax liability, so monthly tax return should be carried out regularly.

f. If a RO is set up in Shanghai, it is qualified to get a car without entrance tax.

FOUR. DOCUMENTS PROVIDED BY CLIENTS
1. Copy of the business license or certificate of incorporation of parent company;
2. The original and copy of identification documents (ID card, passport) of representatives, and five color photos;
3. Two original bank reference letters (from investor's bank) indicating foreign investors' credibility, issued within 6 months in both English and Chinese version;
4. Lawyer's legalization or notarization endorsed by local China Embassy or Consulate
5. The lease of commercial office between lesser and lessee. The lessee should be acted by chief representative, or parent company. The lease should be endorsed by local Housing Management Authority.

As for other documents, WEBOND are ready for providing assistance

For more information about the RO application, please contact us by 020-38888161, Nicole
Or visit Guangzhou webond corporation website