- China company incorporatin
- Representative Office Formatio
- HK company incorporation
- Offshore company incorporation
- Change of Registeration
- Tax Advisory
- Accounting
- Annual Examination
- Business Center
- HR Service
- Trademark Registration
Foreign-funded Resturant Registration
With the long-term development morden service industry area, China has become a bellwether in the global service industry. As compared to some other countries or regions, China has big population, which will help investors to decrease the cost of their businesses and rapidly expand their business presence. In addition, the soaring consuming power of Chinese people will also provide a vast market for investors’ resturant service. |
Registered Capital |
・ From March 1st 2014, the government cancel the request of paid-in register capital. In some area, the government cancel the limited request of register capital. |
Scope of Business |
・ Catering management, western fast food,Catering project planning and investment; ・ Food processing technology consultancy and transfer; ・ The restaurant and catering cultural exchange products exhibition. |
Taxes Involved in Operation of Foreign Investment Resturant |
◆ Value-Added Tax ・ Small-scale Value-Added Tax Payers pay VAT at 3% ・ General Value-Added Tax Payers pay VAT at 6% |
◆ Corporate Income Tax ・ Corporate income tax rate is 25% ・ Small-scale and small profit companies are subject to corporate tax rate of 20% |
Criteria for a small-scale and small profit company: a company with annual taxable profit does not exceed $300,000, with staff less than 80 and total assets not exceeding RMB 10 million shall not engage in business restricted and prohibited by the PRC government |