Company formation in China
China has a corporate tax rate of 25%. Companies that operate under VAT have to pay tax on purchases at 17%. Certain services, like those related to retail, entertainment, hotel, restaurants, catering services, real estate and construction, and others, benefit from a 11% VAT rate.

China
Business Expansion





Popular company applications
Chinese corporate structures are mostly used for:
- Local trading company
- Local service providing company
- Branch office
Corporate Registration requirements
Requirements for registering a company in China include:
- Requires at least 1 director
- Requires at least 1 shareholder
- Minimum share capital 1000 AUD
Bank account introduction
Bank account introductions in China are offered with:
- Agricultural Bank
- Bank of China
- Bank of Communications
- China CITIC Bank
- China Everbright Bank
- China Construction Bank
- Hua Xia Bank
- Industrial & Commercial Bank
- Postal Savings Bank
- Bank of Dalian
- Bank of Beijing
- China Bohai Bank
- Shengjing Bank
- Bank of Changsha
- Bank of Jinzhou
- Bank of Jilin
- Harbin Bank
- Industrial Bank
- Fujian Haixia Bank
- China Guangfa Bank
- Bank of Ningbo
- SP Development Bank
- ZT Commercial Bank
Please consider to browse our full bank directory, if a bank is not listed here.
Registration timescale
Where do I begin?
In order to commence incorporation and bank account introduction, we will require certain corporate documents and identification information.
Please ask us for details.
Advantages of forming a company in China
There are several advantages of forming a company in China, according to the World Bank report on ease of doing business
.
Please consider registering a company in China, especially, if your country of domicile has certain complications (namely political, regulatory or tax-related).
| Fast and straightforward incorporation procedure | Well-developed infrastructure |
| Low incorporation and maintenance costs | Flexible corporate legislation |