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The five points that you need know before company registration in Shanghai FTZ

November 22 2018

Since the establishment of the Shanghai Free Trade Zone, it has attracted more and more entrepreneurs to choose to register in the Free Trade Zone. Because many investors are the first time to register a company, there is very little understanding of the relevant requirements for registering a company in the Free Trade Zone. Tanikawa has compiled 5 points that you should know before signing up for the Shanghai Free Trade Zone company registration!

1. How many employees do you need to register for a free trade zone?

A company needs at least four positions to be established, namely shareholders, legal representatives, company supervisors and company accounting.

2. How to determine the company's business scope?

The business scope of the company is selected according to the business type of the company. The statement of the business scope of the Shanghai registered company is regulated. You can refer to the business scope of the same industry with your company. If the business scope does not include the specific business of your company, it is easy to be determined by the relevant departments to operate beyond the scope.

3. How to determine the company's registered capital?

Most of the company's registered capital is the subscription system, which needs to be determined according to the specific industry category that the company is engaged in. It is not the more the registered capital, the better.

4. How many times does the shareholder need to register with the free trade zone?

According to the specific situation, in general, shareholders must be present at least once. The specific time is at the time of the industry and commerce interview. Generally, the legal person must be present at least twice.

5. What should you pay attention to after the company registration is completed?

After the company registration is completed, in addition to the normal legal operation, it is necessary to carry out monthly normal tax declaration and annual annual report publicity. In addition, you must also pay attention to the expiration time of relevant documents, and must apply for extension in time.