Company Name: Guangzhou *** Consulting Co., Ltd.
Investment way: wholly foreign-owned enterprise (WFOE)
Business scope:Market investigating, enterprise management consultation, international economic information consulting, investing consulting, science and technology consulting, environment protection information consulting.
Registered capital: At least RMB 300,000
(But some of the district, such like Haizhu District would require RMB 1,500,000 to set up a Foreign Invested Consulting Enterprise)
Duration of Business: No more than 30 years
Major Tax:
1. Sales tax , the amount of Business Tax payable is equal to the turnover times the applicable tax rate. The computing formula is:
Tax payable = Turnover × Applicable tax rate (5%)
2. Income tax 25%, effective from 1 January 2008, Foreign Investment Enterprise and Foreign Enterprise Income tax was replaced by The Enterprise Income Tax of The People's Republic of China. The enterprise with Foreign Investment and Foreign Enterprise are treated same as a domestic enterprise.
Income tax payable= Taxable income × 25%