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Open / Register Company in Yiwu 

 - Updated on Nov.26, 2024 |Yiwu city, China.

Trading Company License Yiwu. -Nov.26, 2024|Yiwu city, China.

One of the ways to have a working permit in Yiwu is to register a company in Yiwu, China. This article will cover the following:

• What's required? 
• What are the costs? 
• How long will it take?
• What's the procedure?

What's Needed? (Documents & Certificates)

>> Click to download A Docs check list for registering companies, getting work permit and visa in Yiwu China.

1. Passport.
2. Office address.
3. Company name in English.
4. Registration capital. For trading company, it's 100,000RMB. But you can deposit within 5 years from registration date.
5. A Chinese as financial contact person (this can be a person from your business agent, your worker, or a stuff from the company registration agent).
6. A supervisor (both Chinese and foreigner are OK).

How Long ? (days)

Time (days) needed for open(registering) company in Yiwu, China

• 3 working days after submitting ALL docs
• 1 working day for company stamp
• 1 working day for opening bank account

Total: 5 working days(if all goes well).

*From our experience, it can take less than 5 working days; But can also be 2 weeks when company name or address fail verification.

How Much? (Money in USD/RMB) 

1. Register, FREE.
2. Tax, about 10,000RMB (1,500USD) / year.
   
3. Insurance, about 1669RMB(235USD) / month / person.
4. Accounting, 3600RMB(500USD) / year. 
5. Registration fee (2,000-6,000RMB) if you use an agent to help you with company registration in Yiwu city, China.
6. Visa renew, 2000 RMB(about 300USD)/person.
7. Export license, 1000RMB(about 150USD).

How to do it?

1. Have an English company name.
2. Pre-check company name online for availability.
3. Rent an office for company registration address.
4. Submit docs and files to Yiwu ICB (Industrial and Commercial Bureau).
5. Have company name approved.
6. Have company address approved.
7. Sign at Yiwu Exit And Entry office.
8. Wait for final approval.
9. Business license grant.
10. Company stamp grant.

*You can get all this done by yourself. Or have it done by an agent who may charge you 300 - 500 USD but they will make things a lot easier for you. 

*You can come Yiwu with a tourist visa and get your company registered. 

Related Links:

• 10 steps from registering a WFOE trading company to get working visa in Yiwu, China.
• How to give a good name to your company in China?
• How to rent an office to use as registration address for your company in Yiwu city, China?
• How to register a trading company in Yiwu, China?
• Costs for having a WFOE company in Yiwu City, China for 1 year, with 2 working permits/visas/shareholders.
• Common mistakes when renting office for company registration in Yiwu, China.
• How to get Alipay and Wechat pay as a short-term visitor (visa within 30 days)?
• How to start a new Import and Export trading business in Yiwu, FAST?
• How to extend M visa in Yiwu China before it expires?
• How to prepare the interview for M visa extension (renew) in Yiwu, China?
• Set up new office / company in Yiwu, China: Where and How to buy office computers? (2026 Guide)
• From Company Registration to 50+ Containers: A Real Story of Two African Entrepreneurs Starting a Business in Yiwu, China.

Contact Us:

*You can either email us at: YiwuMarketGuide@gmail.com;

Or leave us a message via below contact form;

Or WhatsApp us by the code at bottom of this page, or via mobile phone number +86 159 2428 6660, from 9am to 5pm(China time);

Or visit us at: Room 1220, Floor 12, Hengfeng Plaza (恒风大厦), 628 Chengxin Avn (诚信大道628号), Yiwu City, Zhejiang Province, China.

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Phone/WhatsApp/WeChat: +86-15924286660
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