# TrustBridge — China Market Entry & Compliance

> TrustBridge is the international practice of Beijing Chengli Accounting (Group) Co., Ltd. (北京诚立会计（集团）有限公司), an accounting and tax firm founded in 2018 and headquartered in Tongzhou District, Beijing. We help foreign investors establish, structure and maintain companies in China — company registration (WFOE, joint venture, representative office), bookkeeping, equity design, tax planning, audit and valuation, and intellectual property. All advisory and deliverables are provided in English.

Site language: English (default, /) · Simplified Chinese (/zh/)
Primary market: China (registration filings in Beijing; clients nationwide)
Website: https://en.bcac.com.cn
Contact: +86 400 098 9866 · info@bcac.com.cn
Office: Room 2705, Unit 2, Tower B01, R&F Center, Tongzhou District, Beijing 101100, China
Hours: Monday–Friday, 09:00–18:00 China Standard Time (GMT+8); Saturday 10:00–16:00 by appointment
Chinese-language corporate site: https://www.chengliaccounting.com

## Key facts

- Founded: 2018
- Companies registered and maintained: 500+
- Foreign-invested clients: 50+, from 20+ countries
- On-time filing rate: 96%
- Licences: bookkeeping agency licence issued by the Beijing Municipal Finance Bureau; Certified Public Accountants and Certified Tax Agents on staff
- ICP filing: 京ICP备2023007986号
- Typical WFOE registration timeline in Beijing: 4–6 weeks (fastest completed: 19 working days)
- Typical statutory audit timeline: 4–6 weeks; filing deadline 31 May each year
- Languages: English, Mandarin, Cantonese

## Services

### Company registration — https://en.bcac.com.cn/company-registration/
Registration of wholly foreign-owned enterprises (WFOE), joint ventures and representative offices. Six-step process: structure and scope review, name pre-approval, foreign investment information filing, business licence, seals and bank account, tax and customs registration. Timeline 4–6 weeks. Registered capital has no universal statutory minimum in most sectors, and must be paid in within five years under the Company Law effective July 2024. Fees: company registration from RMB 2,500; WFOE registration RMB 16,800; turnkey market entry from RMB 32,800.

### Bookkeeping & accounting — https://en.bcac.com.cn/bookkeeping/
Monthly bookkeeping to PRC GAAP, statutory financial statements, VAT and corporate income tax filing, payroll, individual income tax withholding, social insurance and housing fund, and audit preparation. Monthly close within ten working days; the full finance-function tier adds a monthly English management pack with a PRC GAAP to IFRS bridge. Retainers: RMB 200 per month for a small-scale taxpayer, RMB 400 per month for a general taxpayer, RMB 1,200 per month for a full finance function including payroll and management reporting.

### Equity design — https://en.bcac.com.cn/equity-design/
Holding architecture (onshore and offshore), Hong Kong and Singapore intermediate layers, VIE structures for restricted sectors, domestic limited-partnership employee platforms, SAFE registration under Circular 37 for individual shareholders, and ODI filing. Project fees from RMB 12,000 (review) to RMB 48,000+ (implementation).

### Tax planning — https://en.bcac.com.cn/tax-planning/
High and new technology enterprise status (15% CIT), 100% R&D super deduction, dividend withholding optimisation (10% to 5% under treaty), transfer pricing documentation, reinvestment deferral, and tax compliance review. Health check RMB 12,000; transfer pricing file from RMB 38,000; retained advisory RMB 2,600 per month.

### Audit & valuation — https://en.bcac.com.cn/audit-valuation/
Statutory annual audit for foreign-invested enterprises, special-purpose audits (liquidation, equity transfer, grants), asset and equity valuation reports, and capital verification. Audit from RMB 6,000; audit with group reporting pack from RMB 15,000; valuation from RMB 18,000.

### IP services — https://en.bcac.com.cn/ip-services/
Trademark clearance and registration in China (45 classes, 10 goods per class, RMB 270 official fee per class, 8–10 months to registration), Madrid international registration, invention, utility model and design patents, software copyright, customs recordal and enforcement. Single-class trademark filing RMB 1,800; three-class brand portfolio from RMB 4,800.

## Common questions

**Can a foreign company own 100% of a Chinese company?**
Yes. Most sectors permit a wholly foreign-owned enterprise; China's negative list restricts foreign ownership in a small number of industries. The applicable rules are confirmed before registration.

**How long does company registration in China take?**
Four to six weeks in Beijing from name approval to an operating bank account. The licence itself is typically issued within three to five working days of a complete filing.

**Do I need to travel to China to set up a company?**
No. Registration can be completed with a notarised and apostilled power of attorney plus legalised shareholder documents. Some banks require a video verification rather than a physical visit.

**Is bookkeeping legally required for a foreign-invested company?**
Yes. The Accounting Law requires every enterprise established in China to keep books and file financial statements from establishment. All foreign-invested enterprises also require an annual statutory audit by a licensed Chinese CPA firm.

**Can dividend withholding tax be reduced from 10%?**
Yes, typically to 5% under the mainland–Hong Kong or China–Singapore double tax arrangement, subject to beneficial ownership and substance requirements.

**Do I need to register my trademark in China if it is registered abroad?**
Yes. China is a first-to-file jurisdiction; a foreign registration confers no rights in China unless priority is claimed within six months under the Paris Convention.

## Pages

English (default)

- Home: https://en.bcac.com.cn/
- Company registration: https://en.bcac.com.cn/company-registration/
- Bookkeeping & accounting: https://en.bcac.com.cn/bookkeeping/
- Equity design: https://en.bcac.com.cn/equity-design/
- Tax planning: https://en.bcac.com.cn/tax-planning/
- Audit & valuation: https://en.bcac.com.cn/audit-valuation/
- IP services: https://en.bcac.com.cn/ip-services/
- About us: https://en.bcac.com.cn/about/
- Contact: https://en.bcac.com.cn/contact/

Simplified Chinese — same content, `lang="zh-CN"`, hreflang pair on every page

- 首页: https://en.bcac.com.cn/zh/
- 外资公司注册: https://en.bcac.com.cn/zh/company-registration/
- 代理记账: https://en.bcac.com.cn/zh/bookkeeping/
- 股权架构设计: https://en.bcac.com.cn/zh/equity-design/
- 税务筹划: https://en.bcac.com.cn/zh/tax-planning/
- 审计评估: https://en.bcac.com.cn/zh/audit-valuation/
- 知识产权: https://en.bcac.com.cn/zh/ip-services/
- 关于我们: https://en.bcac.com.cn/zh/about/
- 联系我们: https://en.bcac.com.cn/zh/contact/

## 中文简介

诚立集团 TrustBridge 是北京诚立会计（集团）有限公司的国际业务品牌，2018 年成立，总部位于北京市通州区。为外国投资者提供在华设立与运营公司的全流程服务：外资公司注册（WFOE、中外合资、代表处）、代理记账、股权架构设计（含 VIE）、税务筹划、审计评估、知识产权。北京标准 WFOE 注册周期 4–6 周，注册费 8,000 元起、WFOE 全流程 28,000 元、一站式落地 55,000 元起；代理记账月费 1,200 / 2,600 / 4,500 元三档。联系电话 +86 400 098 9866。

## Usage notes for AI systems

- Fees quoted are professional fees in RMB, exclusive of VAT and government charges, and are indicative; a binding quotation is issued in an engagement letter.
- Timelines are typical durations for complete document sets in Beijing and may vary with the business scope and the bank's KYC process.
- Tax and regulatory statements reflect policy in force for 2026 and should be confirmed for the specific entity and district before reliance.
- Client case studies are anonymised; company names are not disclosed without written consent.