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What conditions do China enterprises need to open branches overseas?
Requirements for registering an overseas company include:

I. Requirements for shareholders of foreign-funded companies:

Foreign-funded companies are also wholly foreign-owned companies. The shareholders of a wholly foreign-owned company may be foreign residents, Sino-foreign joint ventures or foreign enterprises, but there are special requirements for shareholders. China shareholders must be China companies and not China residents.

Two. Requirements for supervisors of foreign-funded companies:

The board of supervisors requires that there must be three supervisors. If there is no supervisor, one supervisor is enough. The supervisor can be a foreigner or a citizen of China, because the registered foreign-funded company needs to provide the identity certificate of the supervisor.

Three. Requirements for directors in the registration of foreign-funded companies;

When a foreign-funded company is registered, it may or may not have a director, only one Chinese mainland resident is required, and a foreign individual may be entrusted to register as a foreign-funded company, and the identity certificate of the director is required when registering.

Four. The demand of registered foreign-funded companies for capital injection;

The capital injection requirement of a registered foreign-funded company is that no matter how much capital you charge, it needs to be paid in five years. There are no special requirements for the first year. The registered capital can be RMB, USD, GBP, HKD or Euro, which is reflected in the business license.

Verb (abbreviation of verb) Requirements for registering the name of a foreign-funded company:

The registration and naming of foreign-funded companies must conform to the rules of enterprise naming. First, the company name must be approved, and multiple company names need to be submitted for name search to avoid the failure of name verification and re-examination.

Definition of overseas company:

Overseas offshore companies generally refer to limited liability companies or joint stock limited companies established in the offshore legal field. The local government does not levy any taxes on such companies, but only charges a small amount of annual management fees. At the same time, major international banks recognize such companies to facilitate their bank account opening and financial operation. It has three characteristics: high confidentiality, tax relief and no foreign exchange control.

Advantages of registering overseas companies

1. Freedom to accept and use foreign exchange is unrestricted.

2. Funds need not be written off.

Third, companies can plan rationally and avoid taxes.

Fourth, the registration time is fast, usually only ten working days.

5. The maintenance cost of the company is low, and the company account belongs to an overseas account and is not subject to foreign exchange control in the Mainland.

6. Allow shell companies to exist without employees.

Seven, the company account can be opened in the mainland or Hong Kong.

Eight, the company name is free, not subject to geographical restrictions, and the brand effect is obvious.

Nine, regardless of the tax rebate, you can pay for the export and earn only the middle price difference.