Who does the work

  • Registrations, filings and audits in mainland China are carried out by a PRC-registered partner firm and CPA practice.
  • OCTIS is the one account you deal with: enquiries, documents, deadlines and records, in English.
  • Books and filings are kept in Chinese, as PRC rules require.

A mainland company's year

15th — Monthly and quarterly returns
VAT, CIT prepayment and IIT, by the 15th of the following month.
31 May — Annual CIT reconciliation
汇算清缴, filed on the audited figures.
30 Jun — Annual report
Submitted between 1 January and 30 June.
5 yrs — Registered capital
Paid in full within five years of incorporation (Company Law, from 1 July 2024).

Questions

How much does it cost to set up and run a company in mainland China with OCTIS?

A service-type WFOE costs US$1,800 in Qianhai, Shenzhen or US$2,430 in Shanghai; bookkeeping with VAT, CIT and IIT filings starts at US$315 a month. The annual audit and a transfer from another provider are quoted.

Why are some China services quoted rather than priced?

We price every service at 10% below a fee another firm publishes. For China, no foreign-facing firm we checked publishes a transfer or audit fee, so we quote those rather than invent a benchmark.

Can I run the China company alongside a Hong Kong or Malaysian one?

Yes. The same OCTIS workspace holds every company you own, each with its own deadlines, documents and accounts.

Your mainland China company, one account

Shenzhen WFOE from US$1,800.

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