Guangdong’s Foreign-funded Enterprises' Number was Ranked the First of China

Guangdong saw a surge in new Foreign-funded enterprises registration after the implement of measures of Guangdong industrial and commercial registration reform, which ranks the first of China, the data of Guangdong industrial and commercial bureau showed.

The implement of registration reform attracts foreign companies to invest in Guangdong. Especially Guangdong loosens the condition of capital registration which does not require the down payment at certain ratio of registered capital and cancel the 2 years payment deadlines of registered capital. There are also some other optimized measures such as loosening the company operation site registration management, electronic version of business license annul inspection change to publicity of annual repost and others which optimizes the business environment and promote the social and economic development. 

By the end of Jun, about 3,625 foreign-owned enterprises have finished registration in Guangdong. The registered capital of these new companies totaled 8.891 billion USD, rising 35.85% from the same period of last year. And the total amount of foreign-owned enterprises has been up to 101,800, which registered capital totaled 315.307 billion USD, rising 1.19% and 3.82% from the same period of last year respectively.

Touch Law Firm has experiences for over 8 years in Foreign-funded enterprises registration, tax & accounting, as well as intellectual property, visa service, offshore business service and legal service etc. If you are interested in our service, please contact our online secretary Ms. Touch ( Wechat ID: Touch-Law-Firm ), call at +8620-8355 5515 or email to info@touchlawfirm.com