Fees and timelines

Fees

Incorporation costs in Year 1 amount to US$6,400 and annual company costs in Year 2 and thereafter amount to US$0. The average total fees per China engagement amounts to US$15,650, including company incorporation, resident director, corporate bank account, and virtual office address. Refer to draft invoice embedded here.

 China LLCGuangzhou Knowledge CityBranchRep officeHong Kong LLCMarshall Islands with China corporate bank accountFree Zone
Average engagement costsUS$15,650US$15,650US$13,550US$17,650US$6,550US$8,430US$15,650
Draft invocedraft invoice for Chinadraft invoice for Hong Kong LLCdraft invoice for Chinadraft invoice for Chinadraft invoice for Hong Kong LLCdraft invoice for Marshall Islandsdraft invoice for China free trade zone

Click here to create your own China invoice

Timelines

The average China business incorporation engagement period for a WOFE entity is 26 weeks as outlined below:

StepServiceDuration
1.Engagement Planning2 weeks
2.Company Incorporation16 weeks
3.Corporate bank account approval4 weeks
4.Corporate internet banking approval3 weeks
5.Engagement completion1 week
Total engagement period26 weeks

china business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in China, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi