Watch Out of the Low Fees of China Company Registration with High Risks

Dear Valued Clients,

Touch Law Firm wish to thank you for your continuous trust and support in our services. At Touch Law Firm, we provide professional business solutions for our clients to make business easy in China, thus we also feel responsible to warn our clients of potential risks and dangers we have seen in recent times.

Recently, many new clients came in to seek our advice on cases that things had severely gone wrong due from low-price oriented service agents they mistrusted, which has lead them and their businesses to suffer great losses both on time and financially.

Touch Law Firm would like to warmly notify you of such risk and hope our clients can avoid these potential dangers and losses: For your business to carry out smoothly, it is very important to choose your service agent very carefully and not solely based on low-price. As we have seen, low-price comes with high risk and big problems.

To make your business easier in China, we strongly urge you to choose an experienced, qualified and trustworthy service agency to help you and your business develop in China.

Thank you for your time! If you have any questions, please contact at 020-8355 5515.

Sincerely yours,

Touch Law Firm
September 26, 2014

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 Watch Out of the Low Fees of China Company Registration with High Risks

Guangzhou Company Registration:A Bright Future for Foreign Investment in Guangzhou

As China’s RMB has weakened in recent months, the government stated foreign direct investment (FDI) into China has increased by 5.5 percent in the first quarter of 2014.

At the same time, comparing with the sales statistics of Touch Law Firm from January to April, the figure shows a raise up by nearly 53.8% from the same period in 2013. Among them, the quantity of Guangzhou foreign-owned enterprises registration increases by 22%. In addition, the quantity of Hong Kong Company Registration has also risen significantly compared with the same period last year.

Furthermore, in order to attract foreign investment, the Guangzhou Government has acted strongly to support these efforts. In 2014, the authorities will continue to actively promote the reform of commercial registration and relax capital injection for the foreign-owned enterprises.

In addition, the authorities will execute service mode innovation including enterprise registration online, electronic business license, etc.

Since Guangzhou, the southern Chinese city once known as Canton, was back on top as the country’s best city for business in 2013, according to ranking unveiled by Forbes China. We believe Guangzhou will be the best choice for foreign investment in the coming future.

If you are planning to open a company in Guangzhou, Touch Law Firm can assistant you! It provides Guangzhou company registration (including Hong Kong company registration in Guangzhou, foreign-invested company registration in Guangzhou), tax & accounting and trademark registration, etc. If you are interested in our services, please call us at +8620-8355 5515 or email to info@touchlawfirm.com

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A Bright Future for Foreign Investment in Guangzhou

Guangzhou Company Registration: Consequence for Not Doing Annual Inspection

Consequence for Not Doing Annual Inspection

If a company does not complete the annual inspection before June 30rd, 2014, it will be in the blacklist of the government and imposed a fine from 10,000 to 100,000 yuan (RMB). If the companies don’t do the annual inspection in 60 days after the government make an announcement, its business license will be cancelled.

What's worse, the legal persons of the foreign-invested companies will be in the blacklist of the Entry & Exit Administration (Immigration department) and forbidden into China!

Guangzhou company registration

Every year, all companies in China have to do annual inspection to renew their business license according to China company law. It is a routine formality, but still a bit complicated. Leave it for us to handle then you will save a lot of time and energy to engage in your business.

So, if your Guangzhou companies have not completed the annual inspection yet, take action now! Touch Law Firm provides you professional solutions for Guangzhou company registration, tax & accounting for Guangzhou company, annual inspection for Guangzhou company, and etc. For further information, please contact us at +8620-8355 5515 or info@touchlawfirm.com

Before Doing Business in Guangzhou -Touch Law Firm| Company Registration in Guagnzhou

Guangzhou, as the third economy city of China, is no longer just a place for low-cost manufacturing. It is also an increasingly attractive destination to do business. Businessmen are looking to get a foothold in Guangzhou.

Here are five things you should know when doing business in Guangzhou.

1. Have a Good Reputation

If you are planning to make investments in Guangzhou by your own company (the company in your country) or individual (apply by your passport), you should prepare the whole document certification to show you have a good reputation. And also have not committed any acts in violation of Chinese laws.

Company Registration in Guagnzhou

2. Market Situation

Guangzhou, one of the largest cities in China, there is no single consumer profile. Foreign investors should remain flexible and innovative, while understanding how their company would fit in each specific market. And get to know people who've been in the market, know about trade associations, trade promotion bodies, bit by bit get to understand the dynamics.

3. Culture and Etiquette

One key aspect of Chinese culture is the concept of "face”. What you need to know to do business in China, social role and self-esteem than has the potential to either destroy or help build relationships. And if the person feels you are trustworthy enough, and if they can get their network of contacts to trust you, there is a chance you will succeed. Chinese want to do business with people they trust. At first, they don’t know if you will be a good partner. Show respect by keeping some distance. Focus on building the relationship before talking business. Do not go for big profit on your first contract.

4. Intellectual Property Protection

In China, Every company owning trademarks or patents to do business is strongly advised to use the Chinese Intellectual Property system. It is absolutely crucial to apply for Intellectual Property protection in China for each and every innovation, even if the launch of the respective product on the Chinese market is not yet on the horizon.

5. Foreign Investment Policy

The authorities of China encourage foreigners doing business in Guangzhou. Though the new Company Law came into force on March 1, 2014, the WFOE regulations have not yet been amended in light of changes (minimum registered capital for establishing company), it awaits to be seen what specific requirements.

Meet minimum capital requirements as stipulated by the Company Law (see below for clarification) and the required ratio of registered capital to total investment (see accompanying chart: Mandatory Total Investment of each district).

Mandatory Total Investment
District	Yuexiu	Tianhe	Haizhu	Liwan
Minimum Registered Capital (US$)	20,000	15,000	20,000	20,000

If you are planning to open a company in Guangzhou, Touch Law Firm can assistant you! It provides Guangzhou company registration (including Hong Kong company registration, foreign-invested company registration), tax & accounting and trademark registration, etc. If you are interested in our services, please call us at 020-8355 5515 or email to info@touchlawfirm.com