This business type is not needed to pay corporate income tax, the partner need to pay individual income tax when the partner get profit. However the partner take unlimited responsibility. Also this business type does not require minimum capital injection.
1. Investor business license authenticated by Chinese Embassy of investor country if the investor is corporate, or foreigner passport authenticated by Chinese Embassy of the investor country. For the detail please review the website of Chinese Embassy of the investor country. (two originals, prepare it at investor country) 2. A letter issued by a financial institution which testifies its financial and credit standing. (two originals, prepare it at investor country) 3. Office lease contact, to register a WOFE the Chinese government requires a place to carry out business, the place should be in commercial building or industry building. The resident building is not allowed to register as a WOFE address. 4. Partner agreement 5. Business scope 6. Managing director power of attorney and 1 inch pictures (6 copies) When it comes to the following changes of your Foreign partnership enterprise, we can assist you apply for the new licenses and certificates. 1. Partner change 2. Managing partner change 3. Registered address changes 4. Transfer of shares 5. Business scope changes |
|