Fees and timelines in 2022

Fees

pay fee by instalmentsIncorporation 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$18,085, including company incorporation, resident director, corporate bank account, and virtual office address.

Different China entity types Cost Draft invoice
Tax resident LLC US$18,085 View invoice PDF
China fast nominee company US$47,810 View invoice PDF
China shelf company US$39,110 View invoice PDF
Guangzhou Knowledge City company US$17,650 View invoice PDF
Free zone company US$16,650 View invoice PDF
Branch of a foreign company US$19,350 View invoice PDF
Representative office US$19,650 View invoice PDF
Equity joint venture company US$17,650 View invoice PDF
Subsidiary LLC US$16,650 View invoice PDF
Holding company LLC US$17,650 View invoice PDF
LLC with employment visa US$21,600 View invoice PDF
Hong Kong legally tax exempt company US$8,910 View invoice PDF
Marshall Islands IBC with China corporate bank account US$9,430 View invoice PDF
Fast business setup solution + 6 months tax reporting US$46,970 View invoice PDF
China export LLC without travel US$35,540 View invoice PDF
China trading company with tax reporting US$24,570 View invoice PDF
Hong Kong LLP US$9,110 View invoice PDF
Macau LLC US$9,150 View invoice PDF

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:

Service Limited Liability company (LLC) Free Zone Branch office Representative office Equity joint venture Hong Kong offshore
Engagement planning 2 weeks 3 weeks 1 week 1 week 3 weeks 1 week
Entity registration 3 months 3 months 3 months 3 months 4 months 1 week
Corporate bank account approval 6 weeks 6 weeks 6 weeks 6 weeks 6 weeks 4 weeks
Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 5 months 5 months 5 months 5 months 6 months 2 months

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 contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi