China's foreign trade volume is the world's largest exporter and second largest importer, ranking first in the world in terms of GDP in terms of purchasing power parity, while the international exchange rate ranks second in the world. In 2018, China's GDP was US$25,516.128 billion in purchasing power parity, an increase of US$1,691.492 billion or 7.10% over 2017, ranking first in the world in terms of increment and ranking first among the top 20 countries in terms of total growth. In 2000, the average GDP of Chinese was only 959 US dollars, but by 2019, according to the international exchange rate, the average GDP of Chinese had exceeded 10,000 US dollars, and the per capita GDP of some eastern coastal provinces and cities had exceeded 20,000 to 25,000 US dollars. The G20 Summit, RCEP, East Asia Summit, SCO Summit, belt and road initiative, etc. are all regarded as important regional powers of the world's countries, and are also regarded as one of the potential superpowers in the future. In recent years, in order to attract foreign investment, we have continuously opened up finance, services, trade and other industries, and greatly reduced the threshold for foreign investment. At present, foreign investors do not need to pay in registered capital and provide bank credit certificates, and can easily register Chinese companies only need to be established and filed with the regulatory authorities.

Advantages of Shenzhen Qianhai Company

[1] Eligible enterprises in Qianhai are subject to corporate income tax at a reduced rate of 15%.

[2] Cross-border RMB loans can be obtained, and the loan interest rate is between 3% and 4%.

[3] Modern logistics enterprises in Qianhai are subject to business tax according to the difference.

[4] Overseas high-end talents and shortage talents are exempted from personal income tax.

[5] Eligible Qianhai companies obtain support funds for Qianhai comprehensive pilot projects (ranging from 3 million to 50 million yuan)

[6] To facilitate the employment, life, entry and exit of foreign talents, Hong Kong, Macao and Taiwan talents, overseas Chinese and returned overseas Chinese in Qianhai.

[7] Subsidize the construction, leasing, decoration, project hardware and software purchase of office space through special financial funds.

[8] Children of overseas Chinese who have obtained long-term residency abroad and returned overseas students who have worked in Qianhai can study at Qianhai International School.

Requirements for the establishment of Shenzhen Qianhai Company

[1] It shall consist of at least one shareholder, one legal representative, one financial officer, one manager and one supervisor, and the legal representative shall not concurrently serve as a supervisor

[2] Legal persons and supervisors must be natural persons, and legal persons may be shareholders and managers, and their nationality is not limited

[3] All shareholders, corporations, auditors and managers must present a valid ID card or passport photocopy and proof of address

[4] Shareholders may be bodies corporate or natural persons, and the nationality of shareholders is not restricted

[5] Where the enterprise is a shareholder, the enterprise must submit a photocopy of the business license and the identity card of the legal representative

[6] The minimum registered capital requirement is RMB 5 million

[7] The address of the red lease contract is required

Time required to apply for Shenzhen Qianhai Company

10-15 working days from the receipt of the properly signed file;

Data required to register a Qianhai company

1. For the company name to be used, please provide 2-3 alternative company names

2. Determine the registered capital

3. Proportion of shares or number of shares held by each shareholder (e.g. more than one shareholder)

4. Copies of id cards and passports of shareholders, directors, supervisors and managers

6. A brief description of the main business of the company to be incorporated