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The Registration Process of the Shenzhen Company

Source:   |  Update: 28/09/2018, 11:42 (UTC+8)  |  

Below are the process and expense and materials required for the registration of the shenzhen company.

The first step: handle the “advance approval of the company name”

Name the company as the first step. There are certain terms for the company name, so the “advance approval of the company name” is needed before the operation of the company. How to name a company? You can refer to the Description of the Company Name Registration. KD International advises you to have at least five names for your company, and each name consists of 2 words which are better to be unfamiliar words. This will greatly improve the success rate of the company name. When you name the company, you need to complete the materials of the advance approval of the company name;

The second step: determine the operation address

Different registration address is for different operational type of the company. Some companies require physical operation, such as companies of manufacturing and processing, financial companies; and some companies don’t need physical operation, such as companies of commerce and trade, they can use the leased office and the site with the certificate of property right as the registration address. The registration address needs to be a commercial address without registered. The registration address is a required field on the advance approval of the company name;

The third step: determine the Articles of Association

The Articles of Association is the first material needed to be submitted after the notice of the approval of the company name. The examining and approving organization and registration organization will review the Articles of Association. The company without the Articles of Association cannot be approved or registered. You can contact KD International for a sample of the Articles of Association, and we can draft the Articles of Association for you;

The fourth step: carve the seal of the legal person

You can carve the seal of the legal person in any carving shop. You can demand the standard of the seal;

The fifth step: receive the “Bank Confirmation”

Receive the “Bank Confirmation” in the accountant firm. You can ignore this step with subscription system;

The sixth step: open the bank capital verification account

The bank will send the payment voucher to each shareholder and affix the bank’s seal on the Confirmation. Each shareholder remits the corresponding amount of capital to the bank in which he opens an account according to the Articles of Association. The confirmation fee is different in different banks. You can ignore this step with subscription system;

The seventh step: issue the capital verification report

The accountant firm will issue the capital verification report. You can ignore this step with subscription system;

The eighth step: handle the registration in the Shenzhen Industrial and Commercial Bureau

You should take the materials below:

1. The proof of the registration address (the lease agreement, the premises permit); 2. The resolution of the shareholders meeting; 3. The ID cards of the shareholders and legal person; 4. The capital verification report; 5. The Articles of Association; 6. The registration form of the incorporation; 7. The notice of the advance approval of the company name. Then you can handle the registration in the Industrial and Commercial Bureau;

The ninth step: carve the seal of the company

Put on the seal record in the bureau of public security with the business licence. Then carve the seal of the company in the designated carving shop after the recording. The official seal and financial seal are must. Other seals can be carved by the need;

The tenth step: make the tax return, determine the tax category

You should handle the tax registration in the Shenzhen tax authorities in 30 days after receiving the business licence. Determining the tax category of the company is a very important step. The different tax category means that the future tax rate will be different. KD International advises you to determine your tax category and tax rate by the guide of the senior accountants.

The eleventh step: open the basic bank account

Take all the materials you have handled and open your basic bank account.