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

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

Read More:
A Bright Future for Foreign Investment in Guangzhou