Shenzhen is home to more than 11 million people and it was recognized as a city in 1410. This is an important business hub with exits at the China Sea through the Shenzhen Bay, a metropolis which rapidly developed and turned into an important financial center appreciated worldwide. Entrepreneurs who want to open a company in Shenzhen are invited to ask for details and legal support from our lawyers in China. You can also ask for a business consultancy before starting your activities.
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Registering your business in Shenzhen
Serving numerous import and export activities with countries worldwide in varied domains, and the China’s first special economic zone, Shenzhen is suitable for business purposes and investors can establish companies in all kinds of fruitful industries here. We remind that the registration process of a company in Shenzhen is easy and involves the following phases:
• selecting the business area;
• reserving the name of the company;
• preparing the articles of association;
• registering for VAT and other tax matters;
• opening a bank account;
• providing the minimum share capital;
• offer details about the address of your new company.
According to the type of business, one should consider the licenses and permits necessary for implementing the business on the market. We remind that the State Administration for Industry and Commerce in China is in charge of providing the registration certificate for any kind of company in the country. The legal aspects and the regulations regarding the Commercial Law can be explained by our Chinese lawyers.
Why set up a business in Shenzhen?
With varied business opportunities in manufacturing, engineering, infrastructure, healthcare, education, trade and technology, China provides the proper commercial environment for both local and foreign investors. Shenzhen is considered a city with a fast development which rapidly grew between 1990 and 2000. As a major financial hub in Southern China, we mention that the Shenzhen Stock Exchange is highly appreciated, so is the high-tech industry where plenty investments have been made. Shenzhen is also a major harbor which serves numerous international trades, a sector where any entrepreneur can consider opening a shipping company for numerous benefits and for an easy way of generating money from short-term investments.
If you have decided to set up a company in Shenzhen, our law firm in China can help you with the legal aspects, so please feel free to contact us.