Deep dive into the Key Points of Shenzhen Company Registration Review

Shenzhen, known as the Silicon Valley of China, is a bustling hub of entrepreneurial activities. Many individuals, both local and foreign, flock to Shenzhen to establish their own companies and take advantage of the city's thriving business ecosystem. However, before diving into the world of entrepreneurship, there are several key points about Shenzhen company registration review that you need to be aware of. In this article, we will walk you through these essential points to ensure a smooth registration process.

I. Essential Documents for Company Registration

When registering a company in Shenzhen, it is vital to prepare all the necessary documents in advance to avoid any delays or multiple trips. The following are the key documents required for Shenzhen company registration:

1. Proposed company name: The company name should follow the format of "Shenzhen + Brand + Industry + Co., Ltd." It is recommended to prepare 3-5 alternative names to save time during the name approval process.

2. Registered address: A real and address-verified registered address is required. If you don't have a physical address, you can contact Shenzhen Anjiabao for address hosting services, which can be used for actual office space, company registration, and related government inspections.

3. Registered capital: The required amount of registered capital for the company needs to be specified. It can be either fully paid or partially paid within the designated timeframe.

4. Copies of shareholders, supervisors, and the legal representative's ID cards: You will need to provide the photocopies of the ID cards for all shareholders, supervisors, and the legal representative.

5. Company articles of association, shareholder resolutions, or minutes of shareholder meetings: These documents outline the internal rules and regulations of the company and are essential for the registration process.

6. Bank U-shield or Shenzhen CA digital certificate: These are required for bank transactions and authentication purposes.

II. Company Registration Process

The registration process for setting up a company in Shenzhen involves several steps. Here is an overview of the registration process:

Step 1: Name Approval (Free): Prepare 3-5 names and submit them to the Shenzhen Market Supervision Administration for name approval. The format should follow "City + Brand + Industry + Co., Ltd."

Step 2: Document Submission (Free): Submit the required documents either online or offline. It is recommended to make an appointment online before submitting the documents offline, which usually takes around 3-5 working days.

Step 3: Obtain Business License: If the submitted documents are in order, you will receive a receipt and can collect the business license within a few working days. For urgent cases, you can contact Shenzhen Anjiabao for expedited services.

Step 4: Seal Engraving (Free for the first time, 300-500 RMB for other cities): Obtain official company seals, including the company seal, financial seal, invoice seal, and legal representative's personal seal. Note that seal engraving needs to be done at a designated shop and registered with the Public Security Bureau.

Step 5: Bank Account Opening (500-1500 RMB): After obtaining the business license and company seals, you can open a basic company account.

Step 6: Tax Registration: Most tax types are automatically synchronized. However, some might require manual registration, which can be checked on the Shenzhen Electronic Taxation Bureau's website. Failure to register all required tax types might affect subsequent tax reporting and invoicing.