Company registration in Beijing

Registering a company in Beijing in 2025 is getting to be more available, much obliged to progressed strategies and the presentation of cutting edge advances. In specific, the "Single Window" framework permits remote business visionaries to yield records online, track the enrollment handle and connect with specialists remotely. This essentially rearranges the handle of beginning a commerce, dispensing with the requirement to visit different schools and decreasing the time outlined to 1-2 months, contingent on the sort of company.

However, registering a company in Beijing still requires taking into account numerous variables: least enrolled capital, permitting necessities in a few businesses, bookkeeping, and charge arrangements. Companies working in the pecuniary segment, development, or universal transportation must comply with stricter capital and permitting prerequisites, making cautious arranging at each arrangement important.

Economic indicators with speculation opportunities

Beijing proceeds to appear energetic development, drawing in more and more outside financial specialists. In the to begin with quarter of 2024, the city's GDP expanded by 6%, measuring to 1.05 trillion yuan (almost 148 billion US dollars). In expansion, add up to remote ventures in China come to 42.46 billion US dollars.

In 2023, the number of registered companies in China will reach a record 2.11 million, up 20.3% from the past year. The capital has become the country's biggest commerce center. The commerce ambience proceeds to move forward, as does the preparation of registering a company in Beijing. Nowadays, 90% of modern companies begin their commerce online, which essentially decreases the enrollment time. In a few cases, it takes as long as a day to set up a company (normal handle takes 2-3 months).

Subsidies: government programs for financing innovative enterprises and start-ups

In 2025, Beijing will continue to actively support start-ups and innovative enterprises in priority sectors.

Z-Park Innovation Subsidy Program

Appropriation for inventive companies enlisted in Beijing. It covers up to 30% of the costs of creating and executing advances, the most extreme sum is 30 million yuan. Need industries:

• Artificial Insights (AI): Machine learning, information analytics and mechanization projects.
• Biotechnology: advancement of inventive treatment strategies, restorative devices.
• Robotics: generation and advancement of automated frameworks, mechanical robots.
• Green vitality: advances that offer assistance diminish carbon impressions and create renewable vitality sources.
• Intelligent fabricating: computerization of generation forms, integration of IT into generation lines.

To get an endowment, it is vital to demonstrate speculations in the advancement of progressed innovations. An application is submitted to the metropolitan office BJEIT with a point by point trade arrangement depicting imaginative arrangements and anticipated results.

Participants in the program (companies listed in Beijing) can diminish their benefit access to 15% (instead of 25%). And if they are locked in in the shipment of inventive items or administrations, they can be allowed VAT benefits. Other benefits:

• Early organize bolster for new companies in the frame of mentoring and get to investigate centers.
• Direct interest in government innovation activities and get to pilot ventures based in city innovation center points.

Beijing Innovation Vouchers Program

The Beijing Development Vouchers Program gives bolster to little and medium-sized endeavors (SMEs) enrolled in Beijing to invigorate logical inquiry research and development (R&D). The program compensates the costs of testing, certification and advancement of unused items up to ( 500,000 RMB) 

The offer is open to companies registered in Beijing. They must work in the taking after segments: counterfeit insights, biotechnology, mechanical autonomy, data innovation, green vitality or keen fabricating. The fundamental parameters of the program are:

• Amount of bolster: vouchers cover up to 70% of the costs of inquire about ventures with little budgets.
• The objective of the program is to fund the stages of testing, prototyping and certification of modern innovations for enrolled companies.
• Priority divisions: The program targets companies in the areas of data innovation, biotechnology, counterfeit insights and robotics.

Conditions of participation:

• Beijing company registration: As it were undertakings, enlisted in Beijing can apply for the program.
• Proof of advancement: The company must yield a commerce arrangement specifying the extent and anticipated comes about. Applications are submitted through the Beijing Technology Exchange & Promotion Centre (BTEC).
• The audit preparation takes from 30 to 60 working days, contingent on the complexity of the extent. Specialists assess the project's compliance with the program conditions, its imaginative potential and pecuniary achievability. Members (enlisted companies in Beijing) are advertised not as cash, but moreover extra opportunities.
• Access to investigate offices: Vouchers give certified inquiries about research facilities to test modern products.
• Participation in pilot ventures: Companies can be welcomed to take part in government pilot ventures, permitting modern advancements to be coordinated into bigger initiatives.

The program is upheld by the Beijing Municipal Bureau of Economy and Information (BJEIT) and is part of a technique to back imaginative endeavors. A enrolled company in Beijing picks up financing and assets to quicken the advancement and usage of progressed advances.

Office Rental Subsidy Program

When registering in a company in Beijing, you can compensate for a portion of the costs of leasing office space. The program is pointed at diminishing the money related burden on businesses to begin with a long time of operation. The primary conditions of the subsidy:

• Amount: 30% of the lease in the beginning of the year, 20% in the moment year and 10% in the third.
• Maximum zone: up to 3000 square meters.
• Available ranges: Dongcheng, Chaoyang, Xicheng and Haidian. These are major commerce centers of Beijing with a framework for business.

Conditions for accepting a subsidy:

• Company registration in Beijing. The program is accessible to firms enrolled in the important areas.
• Proof of rent. Members give an office rent assention concluded with the proprietor and confirmation of payments.

Submitting an application through the Single Window system.

Review. Metropolitan administrations check the reports for compliance with the program necessities. The audit preparation takes from 30 to 60 trade days.

The program is bolstered by the BJEIT and aims to make favorable conditions for doing trade in the capital. It permits modern companies to center on improvement whereas decreasing rental costs to begin with a long time of operation.

Single Window System and Digitalization of the Registration Process

The One-Stop Shop framework has been presented in Beijing to ease the regulatory strategies related with commerce enrollment. The online benefit permits business visionaries to maintain a strategic distance from conventional bureaucratic delays by diminishing the number of visits to government workplaces and coordinating different forms into a single computerized space. The presentation of the framework is part of a broader program by the Chinese government to digitize government administrations, which is particularly imperative for outside speculators who confront dialect and social obstructions.

Possibilities of submitting documents and registration online in 2025

The One- Halt Shop 's usefulness is not restricted to registering a company in Beijing. In 2024, business visionaries can apply for warrants, remit bureau expenses, track the status of their application without having to be there in person, and utilize a handful of other capacities. The framework is coordinated with the charge benefit, making it simpler to procure assess numbers and open bank ledgers.

Before the framework was executed, registering a company in Beijing might take a few months owing to the requirement for different visits to different teachers. The Single Window framework decreased this time to a few weeks, and in a few cases to one day for basic applications. In most cases, the standard preparation takes 2-3 months contingent on the complexity of the company, but the key advantage remains the minimization of contacts with authorities and the speeding up of information handling through mechanized frameworks.

Use of digital signature and other innovations in legal processes

One of the imperative developments of the Single Window framework is the capacity to utilize advanced marks, which makes legitimate forms more helpful and secure. Outside speculators can sign contracts and official reports remotely utilizing certified advanced certificates. The presentation of electronic marks has ended up an imperative portion of modernizing the company registration preparation, minimizing the requirement for physical nearness. This is particularly imperative for worldwide financial specialists, who may discover it troublesome to habitually visit China to total records.

Company forms for registration in Beijing

Outside speculators in Beijing can select from four primary commerce models. Each has its claim points of interest and drawbacks that require it to be considered when making a choice.

Wholly Foreign Owned Enterprise (WFOE)

WFOE is the most well known shape for worldwide companies, which gives full control over the trade. This lawful structure permits a remote speculator to conduct trade without the cooperation of nearby accomplices. Registering a company in Beijing as a WFOE gives the opportunity to oversee all angles of the trade, counting contracting staff and overseeing finances.

The fundamental advantage of a WFOE is the capacity to conduct commerce in China freely and get benefits without sharing with nearby accomplices. Companies can get salaries in both yuan and outside money, which is particularly critical for companies centered on universal trade.

Since 2014, required least enrolled capital necessities for WFOEs are no longer in impact. Be that as it may, for a few businesses, such as fabricating or exchanging, neighborhood controllers may set least necessities contingent on the specifics of the commerce. This may shift contingent on the locale and industry. The already indicated sums of 600,000-700,000 yuan for fabricating companies and 300,000-500,000 yuan for exchanging companies are not obligatory, but may be suggested to guarantee pecuniary stability.

Advantages:

• Complete control over your trade and profits.
• Simple assurance of mental property.
• Possibility to conduct commercial exercises in yuan and other currencies.

Flaws:

• Long enlistment handle (on normal 40 days).
• Full duty for dangers and misfortunes lies with the outside proprietor.

Joint Ventures (JV)

Joint ventures (JVs) are a frame of commerce that includes participation with Chinese accomplices. Such companies are regularly made in businesses where coordinate remote proprietorship is precluded or constrained, such as broadcast communications or back. Depending on the ascension, benefit sharing and administration may vary.

Minimum remote accomplice share: Beneath current rules, the least outside accomplice share in JV of at slightest 25% remains.

Registering a company in Beijing as a JV is valuable for those who need to utilize the advertised information and associations of a neighborhood accomplice. There are two sorts of JVs: Equity Joint Ventures (EJV), where benefit sharing depends on the share of capital, and Co-operative Joint Ventures (CJV), where the terms of the ascension are more flexible.

Advantages:

• Fast showcase passage through a nearby partner.
• Access to secured segments closed to outside companies.
• Sharing dangers between partners.

Flaws:

• Possibility of misfortune of control over the business.
• A complex preparation of arrangement and understanding.

Representative Offices (RO)

Agent workplaces are a non-commercial frame of company nearness in China. Agent workplaces do not have the right to conduct commercial exercises, but they can conduct advertisements, inquire about PR, and facilitate work with the parent company.

Company registration in Beijing in the shape of an agent office is a temperate way for universal companies to set up associations with the Chinese showcase and build up contacts with potential partners.

Advantages:

• Easy and moo fetched registration.
• No authorized capital required.
• Ideal for promoting inquiry about and setting up contacts with nearby partners.

Flaws:

• Inability to conduct commercial exercises.

Documents for company registration in Beijing : current requirements for 2025

Registering a company in Beijing requires outside financial specialists to entirely take after a number of lawful and authoritative methods. As of 2024, the preparation has been enormously rearranged much appreciated to digitalization, but strict report prerequisites stay important. It is vital to consider all the subtle elements of report accommodation, notarization, and interpretation for effective enlistment.

Standard documents for registration of all types of companies

Duplicates of identifications of originators and shareholders for all companies, counting WFOE, joint JV and RO, it is required to give duplicates of identifications of authors and shareholders. The records must meet the taking after requirements:

Additional documents for JV

JV requires a Joint Venture Understanding (JV Understanding). The archive sets up the dispersion of rights, commitments, and cooperation offers between the Chinese and outside accomplices. It controls the fundamental standards of the joint wander and can act as an elective to the company constitution, characterizing the rights and commitments of the parties.

Timeframe and cost of company registration in Beijing

The enlistment time depends on the completeness of the submitted archives and the accessibility of all essential grants. The preparation takes from a few days to 4-8 weeks.

Registration fees

Government expenses: The toll of getting a commerce permit shifts from 300 to 1000 yuan contingent on the sort of company and its field of activity.

Notary administrations: Notarization of records for enlistment costs from 500 to 1000 yuan, contingent on the complexity and volume of documents.

Translation of archives: The fetch of interpretation and certification of joining reports is as a rule between 500 and 1,500 RMB.

Payment of fees

• All expenses can be paid through the One Halt Shop framework, which permits this to be done online and incredibly streamlines the preparation for outside investors.
• The add up to take a toll of company enrollment, counting public accountant administrations and interpretations, ranges from 1,000 to 5,000 yuan, contingent on the specifics of the company. The strategy takes from a few days to 4-8 weeks, contingent on the completeness of the submitted records and the requirement for extra licenses.

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Procedure for filing documents when registering a company in Beijing

The preparation of recording records for company registration in Beijing through the One-Stop-Shop includes a few key steps. It is an online stage that permits you to transfer archives, track the status of your application, and get exhortation from government organizations. In 2024, the prepare was altogether rearranged by totally digitizing the handle, making enrollment quicker and more available for remote speculators.

Submission of documents through the "Single Window" system

After planning the reports, the business person enters the "Single Window" framework, where the enrollment preparation starts. Here are the steps that require to be completed:

• Registration in the single window framework: An outside business person must make an account on the entry by entering company information and contact information.
• Choosing a company title: The framework checks the uniqueness of the title. The company title must be unique and not coordinate those as of now enrolled in China. This takes a few working days.
• Uploading archives: All required records, such as the company constitution, rent understanding and founders' international ids, are transferred to the framework. Records must be in PDF arranged, interpreted and certified.
• Payment of government expenses: Certain sorts of companies, such as those in the pecuniary administrations or development divisions, may require installment of an enlistment charge.

Verification and processing of documents

Once the reports are transferred through the Single Window, the confirmation handle is started by the Administration for Market Supervision (AMR). This body checks each submitted archive to guarantee that it is true and complies with Chinese administrative necessities. The confirmation handle may take 5 to 10 working days, contingent on the completeness of the reports and the chosen shape of company registration in Beijing.

If mistakes, inconsistencies or lost records are recognized amid the check, the Single Window framework naturally informs the candidate. This permits you to instantly rectify all the inadequacies and re-submit the archives for confirmation. It is critical to take into account that in the case of genuine mistakes, company registration in Beijing can be altogether postponed.

Obtaining a certificate of registration

Once all reports have been effectively confirmed, the candidate gets a commerce permit. This report is the official affirmation of the company's enlistment and gives the right to conduct commercial exercises in Beijing (and other cities in China). The permit is naturally made accessible in advanced organizations through the "Single Window" framework. This essentially speeds up the preparation, since there is no requirement to by and by visit government offices to get a physical duplicate of the permit.

Opening a bank account

Once a company has gotten a permit, it is fundamental to open a bank account to conduct pecuniary exchanges. A few banks in Beijing give the opportunity to open an account through the "Single Window" framework, which streamlines the preparation for remote speculators. Accommodation of reports: To open a bank account, it is essential to provide:

• Business permit issued amid the company enlistment process.
• The company's constitution, marked by the originators and shareholders.
• Documents certifying the personality of the chief.
• The choice to build up a company, which indicates who is designated as the executive and the primary organizational points.
• Application for opening a bank account to conduct the company's money related transactions.
• Depending on the specifics of the company's exercises, extra records may be required.

What happens after the documentation is submitted?

Confirmation and handling of records: The bank confirms the submitted archives for compliance with the necessities. This handle can take from 2 to 4 weeks, contingent on the bank and the completeness of the information provided.

Account enactment: Once the account has been effectively confirmed and stored, the bank will actuate the corporate account. A few banks give online get to account administration quickly after opening, permitting you to begin overseeing your company's funds as long as possible.

Opening a bank account when registering a company in Beijing is an imperative step that is taken after getting a trade permit. Most major banks in China, counting Bank of China (BOC), Mechanical and Commercial Bank of China (ICBC), China Development Bank (CCB), and Agrarian Bank of China (ABC), offer the choice to open an account through a "Single Window," making the prepare much simpler for outside speculators.

Main banks and conditions

Bank of China (BOC)

• Minimum deposit: 10,000-50,000 RMB.
• Account opening time: 3–4 weeks.
• Advantages: Possibility of opening multi-currency accounts (USD, EUR and others), which makes BOC an excellent choice for registering companies conducting international activities in the jurisdiction of Beijing. This bank is especially suitable for export-import operations.

Industrial and Commercial Bank of China (ICBC)

• Minimum deposit : 10,000-20,000 RMB.
• Account opening time : 2–3 weeks.
• Pros : ICBC is known for its speed of application processing. This is especially useful for small and medium-sized companies in Beijing, given the flexible deposit terms and convenient online account management platform.

China Construction Bank (CCB)

• Minimum deposit: 20,000-50,000 RMB.
• Account opening time: 4–5 weeks.
• Advantages: CCB offers attractive conditions for large projects and companies operating in the construction and infrastructure sectors, with the possibility of obtaining credit lines and investment products.

Agricultural Bank of China (ABC)

• Minimum deposit: 10,000 RMB.
• Account opening time: 3–4 weeks.
• Benefits: Specialized services for companies operating in the agricultural and manufacturing sectors, with support for international transactions and multi-currency accounts.

Comparative characteristics

If your company needs to advertise rapidly, ICBC offers the quickest account opening time (2-3 weeks). For those included in worldwide exchange, Bank of China and China Development Bank give great conditions for multi-currency exchanges. And if your company is involved in development or farming, China Development Bank and Rural Bank of China give specialized administrations for these sectors.

Thus, the choice of bank will depend on the needs of your company and the specifics of its exercises.

Accounting requirements after company registration in Beijing

Quarterly Announcing: In expansion to month to month detailing, companies are required to yield quarterly money related reports, which incorporate an adjust sheet, pay explanation, and pay assess return.

Annual Detailing: Each year, a company must yield total monetary explanations that include:

• Balance.
• Profit and misfortune statement.
• Cash stream statement.

These reports are as a rule certified by a reviewer, particularly for Beijing-registered foreign-invested companies. The yearly report must be recorded 6 months after the conclusion of the pecuniary year.

Audit: Foreign-invested companies are required to experience required review. The review comes about and is submitted along with the yearly report. This review must be performed by an authorized review firm in China.

Foreign trade control: All companies doing trade universally must comply with outside trade control controls, which requires customary detailing of the development of reserves between RMB and outside currencies.

Failure to comply with detailing necessities may result in fines, account suspensions and other sanctions.

Tax policy in China: what to expect after registering a company

Once you have registered a company in Beijing, it is important to understand the key aspects of tax policy in order to effectively manage your tax obligations and take advantage of possible tax incentives. In 2024, China will continue to develop a progressive tax system that is focused on supporting innovative and small businesses, but with strict requirements.

Corporate Income Tax (CIT)

Companies registered in China are subject to taxation at the standard rate of 25%. However, preferential rates are available for certain categories of businesses.

Small Business Enterprises (SMEs)

For qualified small and low-profit enterprises in China, a reduced corporate income tax (CIT) rate applies from January 1, 2023 to December 31, 2027. During this period:

• For taxable income of up to 3 million yuan, an effective tax rate of 5% applies. This rate is achieved by reducing the taxable base and applying a reduced nominal rate to these categories of enterprises.
• Such companies must meet criteria for the number of employees (no more than 300 people) and the value of assets (up to 50 million yuan).

High-tech companies

If a company is classified as a high-tech enterprise (proven investment in innovation, patent ownership), the profit tax rate can be reduced to 15%. To do this, the company must meet strict requirements: at least 60% of its income must come from high-tech products or services.

Value Added Tax (VAT)

In China, different VAT rates apply to different industries:

Basic rate: 13% - applies to most goods and services.

Rate 9:

• Construction services;
• Transport services (passenger and freight);
• Agricultural products;
• Water supply, gas supply and electricity.

Rate 6%:

• Financial and consulting services;
• Information Technology;
• Medical and educational services;
• Cultural and research projects.

These reduced VAT rates are applied to specific sectors to stimulate their growth and reduce the tax burden on businesses. They can be used from the first day of company registration in Beijing.

Free Trade Zones (FTZ)

Companies registered in the Beijing SEZ can enjoy additional tax benefits, including reduced VAT rates and exemptions from certain customs duties. The key zones are listed below.

Common mistakes when registering a company in Beijing

Avoiding these common botches will offer assistance to speed up enrollment, prepare and dodge potential issues in the future.

Accounting report requirements after company registration in Beijing

The rules alter very frequently. We suggest that you see up-to-date data on the official site of the Beijing Metropolitan Organization for Showcase Control. In 2024, the taking after necessities apply:

All announcing is submitted carefully through specialized stages such as the E-window Benefit framework, which disentangles the preparation of submitting and confirming archives.

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Closing a business

The procedure for liquidating a company in Beijing is governed by the national laws of the PRC (Company Law of the People's Republic of China and others). The process consists of 7 stages.

Creation of a liquidation commission

Within 15 days of the decision to liquidate, a liquidation committee is set up. It consists of representatives of the Beijing registered company, shareholders, or appointed external representatives. The committee must include persons with the authority to make decisions on settling the company's liabilities.

The main duties of the commission:

• Asset valuation: making a list of a company's assets and liabilities.
• Notifying creditors: sending notices and posting announcements.
• Debt settlement: sale of assets and settlement with creditors.
• Preparation of the report: a document with the results of the liquidation is submitted to the authorities.

Like company registration in Beijing, the liquidation procedure is strictly regulated.

Notification to creditors

Within 10 days of the decision to liquidate, the company notifies creditors of the closure of the business, the composition of the commission and contact information for communication. The notification is submitted in the form of a letter, it specifies the terms and procedure for filing creditors' claims.

Within 60 days of the commencement of liquidation, the registered company must place a notice in Beijing newspapers such as Beijing Daily or China Daily (if the business has international connections). The notice must include:

• Company name
• Liquidation start date 
• Information about the liquidation commission
• Contact details for filing claims.

Creditor notification may also be posted through the National Enterprise Credit Information Publicity System. The Commission will determine the platform itself. The main thing is to ensure that all potential creditors who have cooperated with the registered company in Beijing are informed.

Valuation of assets and settlement of liabilities

The liquidation committee evaluates the value of the company's real estate, equipment, cash and other assets. The assets are then sold through auctions or direct transactions and the debts are closed. If there are not enough funds, the money is returned in order of priority: first government taxes, then employee salaries and social contributions. Credit debts are closed last.

Preparation of a liquidation report

The liquidation commission prepares a report that reflects:

1. Company assets: a list of all property, its estimated value, information on assets sold, including sales proceeds.
2. Liabilities: A list of all of the company's debts, including loans, tax debts, and employee liabilities. It shows what amounts have been paid and to which creditors.
3. Settlement results: A detailed report on how proceeds were used and what debts were repaid. Also included is information on any remaining liabilities or funds that may be distributed to shareholders.

The report is approved at a meeting of shareholders and is signed by members of the liquidation commission and shareholders.

Submission of documents to government agencies

The Commission submits documents to the Beijing Administration for Market Supervision:

• Liquidation report.
• Application for deregistration of a company.
• Auditor's report (in individual cases).

Liquidation of a registered company in Beijing is considered from 20 to 30 working days. The administration checks the documents for compliance with the law and, if there are no violations, approves the completion of the process.

Closing bank accounts and surrendering seals

The liquidation committee closes the accounts in all banks. The remaining funds are transferred to the shareholders' account or used to settle accounts with creditors. The company seals that were used to sign official documents must be handed over to the Market Supervision Administration.

Completion of liquidation

The market supervision administration removes the company from the register of legal entities. Average liquidation period: 6-8 months, contingent on the volume of assets and the complexity of settlements with creditors. This is the final step. The registered company in Beijing no longer exists.

Conclusion

The strategy for registering a company in Beijing has ended up much easier, much obliged to dynamic digitalization and the presentation of the "Single Window" framework. All stages are carried out on a single stage, which diminishes the time outline and disentangles interaction with government organizations. Accommodation of archives, following the status of the application and counseling have moved to an online format.

Beijing draws in universal speculators due to its wide run of trade openings, particularly in the high-tech, monetary administrations and framework divisions. The government effectively bolsters little and medium-sized businesses, advertising motivating forces and endowments for inventive undertakings. Lower capital necessities in a number of divisions to give extra motivating forces for start-ups and youthful companies centered on improvement in China.

Despite the dis entanglements, be that as it may, Beijing keeps up strict prerequisites for registering companies in directed businesses such as back, development, protections, and wellbeing care. These companies must comply with extra capital, permitting, and announcing prerequisites. For illustration, for pecuniary companies, the least capital can extend from 2 million to 10 million yuan, contingent on the sort of business.

Beijing’s company registration patterns point to encouraging disentanglement of strategies, whereas the government proceeds to fortify measures for money related and legitimate straightforwardness of businesses. Outside business people can take advantage of adaptable charge arrangements, motivations for tech companies, and the capacity to open accounts through online managing account stages, making Beijing one of the most alluring cities for trade advancement in China.