What's the best way to visit Yiwu market in 2024?

Open / Register Company in Yiwu 

 - Updated on Nov.11, 2024 |Yiwu city, China.

• What's required? Am I eligible?
• What are the costs?
• How long will it take?
• How to do it? What's the procedure?

What's Needed? (Documents & Certificates)

Docs / material required for open company in Yiwu China

1. Passport
2. Address
3. A Chinese as financial worker
4. 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.

From our experience, it takes usually less than 5 working days.

How Much? (Money in USD/RMB) 

Tax,insurance cost for having a company registered in Yiwu China

1. Register, FREE.
2. Tax, about 2200RMB (320USD) / month.
   
3. Insurance, about 1600RMB(230USD) / month / person.
4. Accountant, 300+RMB(45+USD) / month.

* However, as a foreigner, it's difficult to do these things on their own. They may need to hire an agent to get this done. An agent may cost 200 - 1000 USD. A 50 sqm office near market costs  30,000 RMB (about 4200USD) minimum.

Total cost for having a company in Yiwu China for 12 month:

320usd tax *12+95usd Insurance *12 + agent fee (740 -1540USD)  + office (3000 - 6000USD)= 8720- 12,520 USD(60,000 - 85,000RMB). 

Roughly,  in 9000 - 12,500 USD per year(RMB 6,0000 - 85,000), exclude personnel cost. You may need to prepare minimum 30,000 USD investment  to have a small company with 1 Chinese personnel run in Yiwu for one year. 

Related Links

• Get work permit in Yiwu China.
• Cost for using a 3p agent/company/firm, or legal advisor/consultant to register a WFOE trading company in Yiwu for exporting.

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 9pm(China time);

Or visit us at: F2, 2-7, Huan Qu Yi Da (Yiwu Global Reach) Supply Chain Park, Yiwu City, Zhejiang Province, China.

Call us when Urgent:

Phone/WhatsApp/WeChat Number: +86-15924286660

Scan this code to talk to Jack Yang for your buy from China business.

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