New Policy: Easier Company Formation for Foreigners in Shanghai!
Hey everyone! There’s big news for foreign entrepreneurs interested in starting a business in Shanghai. A new policy now allows you to form a company without needing a supervisor. Previously, both a supervisor and a director (legal person) were required.
But here’s the catch: without a supervisor, the director assumes unlimited liability, changing the company’s structure to unlimited rather than a Limited (LTD) company. This could mean more freedom but also more risk. Stay tuned to learn more about how this change could impact your business plans!
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JR & Firm is here to help you navigate the complexities of starting a business in China, Hong Kong, Singapore, the US, the EU, Central Asia, and many other countries. We offer tailor-made corporate legal consulting services to meet the unique needs of our global clients.
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🔗 Helpful Resources:
💎 JR & Firm LLC Website: https://jrandfirm.com/
💎 JR & Firm YouTube Channel: https://www.youtube.com/@jrandfirmllc
1. What documents are required to register a company (WFOE) in China: https://jrandfirm.com/required-documents-for-company-wfoe-registration-in-china-a-comprehensive-guide/
2. How to choose a name for your company (WFOE) in China: https://jrandfirm.com/how-to-choose-a-name-for-a-wfoe-in-china/
3. How best to register a company (WFOE) in China remotely or in person: https://jrandfirm.com/is-it-better-to-start-a-company-wfoe-in-china-from-distance-or-by-visiting-in-person/
4. Corporate taxes in China: https://jrandfirm.com/complete-guide-to-corporate-taxes-for-wfoe-owners-in-china-2024/
5. How to register a company in China step by step guide: https://jrandfirm.com/how-to-register-a-company-in-china-as-a-foreigner/
6. Useful Company Registration resources: https://jrandfirm.com/blog/
👉 For more insights and corporate services in China, including financial planning and loan assistance, contact JR & Firm.
📞 Contact Us: +8613040688804
🌐 Website: https://jrandfirm.com/how-to-register-a-company-in-china-as-a-foreigner/
📧 Email: [email protected]
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