Qianhai is the most dynamic area in Shenzhen, with many specail previllages. More than 60% of the newly-founded WFOEs since 2014 are now in Qianhai.

Established in 2010, the “QianHai Shenzhen-HongKong Modern Service Industry Cooperation Zone” is an area to the West of Shenzhen created to enhance business in the logistics, service, creative, financial, and IT fields in China with the close cooperation with Hong Kong.

As one of the core development zone Shenzhen Special Economic Zone play as an experimental field opening-up, Under the framework of “one country two systems”, Qianhai will further expand new models and new ways for the cooperation between Guangdong and Shenzhen. While in order to ensuring Hong Kong’s long the cooperation between Shenzhen and Hong Kong in the area of modern service industries. Meanwhile, with the unique advantages of being adjacent to Hong Kong, Qianhai will continue to utilize the demonstrative role of Shenzhen Special Economic Zone in China’s opening-up, and play a leading role for the construction of a new pattern for China.

Advantages of Qianhai WFOE

        (1) Corporate income tax rate reduced by 15% to qualified enterprises;

        (2) Provide income tax benefit to high-level foreign professionals or shortage talents;

        (3) To provide business tax relief for specific qualified modern logistics enterprises in Qianhai;

        (4) Lower rental costs(office rental subsidy is available up to 50% of the total rent);

        (5) Many financial incentives for businesses and individuals;

        (6) Relatively easy & flexible environment in which to obtain talent needed for service businesses;

        (7) Access to international and Hong Kong banking for business.

Required Documents for Qianhai WFOE Registration

        (1) Legal representative's passport copy and details

        (2) Company supervisor's passport copy and details

        (3) Company office lease rental contract(if any)

        (4) Business feasibility report (Lemon Accountancy will assist you to complete it)

        (5) Chinese name of company (Lemon Accountancy will assist with this)

        (6) Proposed Business scope (Lemon Accountancy will assist with this)

        (7) Copies of overseas company registration documents (required if a company is the foreign investor)

Qianhai WFOE Registration Preferential Package

This package is applicable to the case where a foreign investor applies to register a limited liability company (WFOE) in Qianhai Shenzhen, China for the purpose of carrying out business information consultation, project investment consultation and enterprise management consultation service, trading and exporting etc. The registration costs will be increased accordingly if your business activities need special approval (such as manufacturing or financial services).

Additional Services from us For WFOEs

Lemon Accountancy also offers the following services to streamline WFOEs which are already incorporated or will be soon:

        (1) Monthly accounting

        (2) China taxes - advice and filing

        (3) China Trademark registration

        (4) Virtual office in Qianhai

        (5) Open a Chinese corporate bank account (foreign currency and CNY)