Yiwu Company Registration
Yiwu Company Registration
- Convenient Foreign Exchange Settlement
- Unique policy support simplifies opening foreign currency accounts. Suitable for the “Market Procurement Trade (1039)” mode, which offers export tax exemptions and streamlined foreign exchange settlement.
- Unmatched Supply Chain Ecosystem
- Backed by the world’s largest small commodities market, it boasts a complete industrial chain and low procurement costs. Connecting with massive supplier resources is extremely convenient.
- Extremely Low Logistics Costs
- As a “global cargo hub,” it has an extensive logistics network reaching worldwide. Shipping efficiency is high, and freight costs are significantly lower than in other regions.
- Substantial Tax Benefits
- Eligible for approved collection and high比例的 local VAT and corporate income tax refunds, directly reducing tax burdens.
- Simple and Fast Registration
- High government efficiency supports “address hosting,” allowing registration without a physical office address. The process is straightforward, and certification is quick.
- Brand Credibility Boost
- The word ‘Yiwu’ itself is a ‘golden signboard’ of global trade, which can significantly enhance customer trust and business image.
Yiwu Company Registration Process
Name& Docs
Submit proposed company names (it is recommended to have 3-5 alternative names)
Define the business scope, registered capital (mainly capital subscription system), shareholder information, and registered address;
Provide original ID cards of the legal representative and shareholders, lease contracts, or property ownership certificates.
Submission & Approval
Log in to the “浙江省企业登记全程电子化平台” (Zhejiang Enterprise Registration Fully Electronic Platform) to fill in information and upload documents;
Upon approval, obtain the business license (typically processed within 1-3 business days).
Chop & Account
Take the business license to a police department-approved seal engraving service to make official seals, financial seals, etc.
Choose a bank to open a basic account; some banks offer fee waivers for account opening.
Tax & Social Security
Complete tax registration and determine tax types (small-scale taxpayer or general taxpayer);
Apply for invoices via the “浙江省电子税务局” (Zhejiang Electronic Tax Bureau);
Open social insurance and housing provident fund accounts for employees.
required materials
Documents required for registering a company in Yiwu
Basic information of the enterprise
Company Name:
[Specific Company Name]
Business Scope: [Detailed Business Scope]
Registered capital: [specific amount and unit]
Registration address related information
Registered address: [Detailed registered address]
Landlord information: If it is an industrial zone, the landlord is [company name]; If it is the first floor of a residential building, the landlord is [personal name]
Landlord's contact information: [Landlord's mobile phone number]
Personnel information
Legal representative: front and back of ID card, mobile phone number
Supervisor: (optional or optional) If it is set, the front and back of the ID card and mobile phone number must be provided
Shareholders: front and back of ID card, mobile phone number
Other supplementary information
Factory address type description: either on the first floor of a residential building or in an industrial area (additional site information associated with the registered address)
WHAT DO YOU RECEIVE
What will you receive after registration
Core licenses
Business license (original and duplicate), filing official seal (including official seal, financial seal, legal representative seal, etc.). Auxiliary materials: Filing the company's articles of association, proof of registered address (such as custody agreement, lease contract filing receipt, etc.).
Tax and bank documents
tax registration related notices (including tax type verification, etc.), bank account information (or account opening vouchers).
Why register a company in Yiwu?
Advantages of the Small Commodity Market
Yiwu has the world's largest small commodity market - Yiwu International Trade City, which not only attracts global buyers, but also provides a wide sales channel for merchants. If you register a company in Yiwu, you can more conveniently access these rich commercial resources, cooperate with global customers, and open up international markets.
Convenient logistics
Yiwu has an extremely developed logistics network, and its logistics system can achieve fast and efficient operation whether serving domestic distribution or international exports.
Tax compliance management
Reasonably utilize policies such as income tax reduction and value-added tax incentives for small and micro enterprises.
after-sales service
Entrust local professional institutions to handle bookkeeping and save labor costs.
Efficient process
Thanks to a series of simplification measures introduced by the government, the entire process has become more efficient and convenient
Frequently Asked Questions about Yiwu Company Registration
Learn More About Yiwu Company Registration
How long does it take to register a company in Yiwu?
Under normal circumstances, it takes 5-10 working days from name approval to obtaining the business license. The specific time depends on whether the materials are fully prepared and the approval speed
What needs to be done after registering a company in Yiwu?
After registering a company, you need to file tax returns on time, pay social security, and submit annual reports as required. It is also necessary to establish a sound financial system and standardize business operations
Can the registered address of a Yiwu company be changed?
Yes. The registered address of a company can be changed, but it is necessary to go through the change registration procedures. Materials such as proof of the new registered address need to be provided.
Can I entrust an agency to handle Yiwu company registration?
Of course. Entrusting an agency can save you time and energy and improve the success rate of registration. However, when choosing an agency, you must select a formal and reputable one.
If I don't have knowledge of finance, how to handle bookkeeping and tax declaration after registering a Yiwu company?
You can hire professional accounting personnel or entrust a bookkeeping agency. A bookkeeping agency can provide you with professional financial services, including bookkeeping, tax declaration, financial statements, etc.
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