ChinaKey facts
- Region
- Asia
- Corporate tax
- 15–25%
- VAT
- 13%
- Currency
- CNY
- Time zone
- CST
- Language
- Mandarin
Key advantages
- 25% corporate tax (15% in certain zones).
- Access to 1.4bn consumers.
- Production and export hub.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| WFOE | Wholly Foreign-Owned Enterprise | 25% | 13% | Ingen lovbestemt | 8–12 weeks | Operating, manufacturing |
| RO | Representative Office | — | — | Ingen | 6–8 weeks | Market research |
Frequently asked questions
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Company type· China
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