Kick start your business in Hong Kong through us and grow with us.

We will help with:

• Registration of your company with the Company Registrar and Inland Revenue Department (IRD)
• Assistance in the opening of a corporate account
• Registered office & correspondence address
• Managing your business with Company Secretary, Accounting, Tax and CFO advisory services
• Trademark and special license applications and registrations

Our Hong Kong company registration packages

Starting your business in China requires a lot of preparation and can be a tedious and complex process.

First of all, you need to make a choice of legal structure. Masson de Morfontaine helps with registration of two the most favored investment vehicles in China - Wholly Foreign-Owned Enterprises (WFOE) and Representative Offices (RO).

There are three types of WFOE:

• Manufacturing WFOE - allows to manufacture goods in China
• Consulting WFOE - allows to provide consulting & services
• Trading WFOE or FICE (Foreign-Invested Commercial Enterprise) - grants import and export licenses and allows to trade

WFOE is the most popular choice of foreign investors, because it’s 100% owned by the founder and established entirely with foreign capital. This gives investors a higher level of independence, control and security over its business activities.

A WFOE can engage in approved business activities and issue invoices. Representative Office, on the other hand, is not allowed to engage in any profit-making activities, including manufacturing, production and sales, and cannot issue invoices. However, a RO may perform market analysis and coordinate your marketing activities in China.

Regardless of your choice, the set-up procedure can be lengthy and will depend on the type of legal entity, the city where you choose to set it up and how quickly you can prepare all the necessary documents. All legal documents for company incorporation should be in Chinese and the registration process may take up to 6 months.

Our WFOE incorporation package

Company law in Vanuatu is based in English Common Law and businesses can operate as one of the following legal entities:

1. Sole Trader (one owner, who is solely responsible for company’s debts and actions)
2. Partnership (two or more partners, who contribute their own resources and are responsible for company’s debts and actions)
3. Private company limited by shares - a separate formal business structure, where owners’ personal assets are protected from company’s debts.

General requirements for private limited company setup:

• Shareholders – minimum 1 shareholder, who can be a natural person or a business entity and may be non-resident
• Directors – at least one resident director is required, who can be a natural person or a business entity
• Secretary – required, must be a resident in Vanuatu
• Registered Address – required in Vanuatu
• General Meeting – mandatory, must be held on an annual basis in Vanuatu

We can assist with the following steps and procedures for company setup and maintenance in Vanuatu:

1. Check availability of business name with the Vanuatu Financial Services Commission (VFSC)
2. Apply for Foreign Investment Approval from the Vanuatu Investment Promotion Authority (VIPA) (for non-residents only)
3. Apply for a Permit to form an Incorporated Company with or without Limited Liability with the Vanuatu Financial Services Commission (VFSC)
4. Register business name with the Vanuatu Financial Services Commission (VFSC) and obtain a Business Name Registration Certificate
5. Apply for a business license with the Rates & Taxes Office, Department of Customs and Inland Revenue (if your company’s turnover is expected to be over VT4 million)
6. Register your company with the VAT Office, Department of Customs and Inland Revenue
7. Register your company as an employer with the Vanuatu National Provident Fund (VNPF)

CONTACT US
for more information or to request a quote