China Company Incorporation
Industries with Investment Incentives
Foreign investments are encouraged in industries ranging from manufacturing, wholesale and retail, leasing and commercial service, scientific research and technical service, agriculture, forestry, animal husbandry and fisheries, hydro-environment and public utility management, service organizations for the handicapped, elders and children, certain culture and sports, to entertainment.
Industrial and Commercial Annual Report
Foreign invested enterprise shall undergo an industrial and commercial annual report from 1 January to 30 June every year from the following year after the incorporation.
Annual Report of Foreign Investment Enterprise
A foreign investment enterprise shall submit an Annual Report of Foreign Investment Enterprise every year since the next year of its establishment. The report period is generally from January 1 to June 30 (The specific time is subject to the time announced by the Ministry of Commerce each year).
Annual Report of Foreign Investment Enterprise
A foreign investment enterprise shall submit an Annual Report of Foreign Investment Enterprise every year since the next year of its establishment. The report period is generally from January 1 to June 30 (The specific time is subject to the time announced by the Ministry of Commerce each year).
Social Security Insurance and Housing Provident Fund
In order to secure social welfare, enterprises set up in China have to pay certain amount of social insurances and housing provident funds for their employees each month, which are usually calculated in percentage of employees’ monthly salaries and together borne by the enterprises and the employees. In view of different living standards among cities, the accrual proportions in calculation vary from one city to another. The accrual proportions for social insurances and housing provident funds are shown below:
An Enterprise Employee’s Proportion of Contribution to the Social Insurance Funds
| City | Social Security (Enterprise) | Social Security (Employee) | Housing Fund (Enterprise) | Housing Fund (Employee) |
|---|---|---|---|---|
| Beijing | 27.8% - 29.5% | 10%+3 yuan - 10.2%+3 yuan | 5% - 12% | 5% - 12% | Shanghai | 27.16% - 28.52% | 10.5% | 5% - 7% | 5% - 7% | Guangzhou | 21.63% - 23.3% | 10.2% | 5% - 12% | 5% - 12% | Shenzhen | 14.89% - 23.09% | 10.2% | 5% - 12% | 5% - 12% | Dongguan | 15.82% - 18% | 8.7% | 5% - 12%5% - 12% | 5% - 12% | Hangzhou | 26.4% - 27.7% | 10%+4 Yuan - 10.5%+4 Yuan | 5% - 12% | 5% - 12% | NanJing | 26.38% - 27.06% | 10.5%+10 Yuan | 5% - 12% | 5% - 12% | Qingdao | 27.1% - 27.95% | 10% - 10.3% | 5% - 12% | 5% - 12% | Suzhou | 22.9% - 24.8% | 10.5%+5 Yuan | 8% - 12% | 8% - 12% |
Should you have any enquires about Company Incorporation in China, please complete the form below and we will reply to you soon.
Get a China Setup & Operations Plan
