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Horgos China Company Incorporation

Update Date:2019-8-8 14:16:21 Source:Tannet (Malaysia) Sdn Bhd Views:42

Malaysia Hotline : +603-2141 8908

Horgos, Xinjiang business setup has attracted more than ten thousands of the film and media companies since it was designated as an Economic Development Zone by the China government in 2011. A small city in Northwest China's Xinjiang Uyghur Autonomous Region has become a "TAX HAVEN" for domestic entertainment companies, offering favorable policies including huge tax breaks to attract cultural and entertainment companies to register in here.

 

Horgos is a frontier city 670 km from Urumqi, capital of Xinjiang Uygur Autonomous Region. Here is administrated by the Kazakh Autonomous Prefecture of Ili. It covers an area of about 1,900 square kilometers, with a population of about 85,000. For over 130 years Horgos has served as a land port on the border with Kazakhstan. However, its history as an entrepot in transnational trade and exchanges dates back more than two millennia.

 

Occupying a pivotal spot along the northern route of the Old Silk Road, Horgos was a junction for the intercourse of Eastern and Western civilizations. Today this status is revivifying with the initiation of the Silk Road Economic Belt, which positions Horgos as the portal for China’s further opening-up to its neighbors to the west. Therefore, Horgos company registration is a best choice for investors to invest in western China under the Belt and the Road Initiative.  It is also the “One Belt, One Road” (OBOR) initiative by Chinese President Xi Jinping, the aims of which include developing China’s troubled western regions and creating new trade opportunities — as well as supporting a geostrategic push to enhance China’s political, economic, and cultural influence across Eurasia.

 



Benefits of Horgos ' gateway

Horgos enjoy a number of advantages relative to its neighbor: a paperless clearing process, more efficient trans-loading capabilities (required to navigate Sino-Soviet rail gauge differences), better storage facilities, and even calmer weather.

 

1) One-stop convenient logistics infrastructure;

2) Tax incentives and easier access to China work permit application for foreign investors;

3) A company in certain sectors could be incorporated, while those are restricted out of free trade zones.

 

FIVE Years Tax Exemption for Horgos Company

A company registered in Horgos between 2010 and 2020 could enjoy tax exemption for the first five years and have a tax refund for another five years, since the city was designated an Economic Development Zone by the central government.

 

Basic Requirement Documents for Company Registration in Horgos, Xinjiang

1) Notarization and legalization of Investor’s identity documents;

2) All members’ passport and ID documents copies;

3) Basis company information.

 

General Procedures of Company Registration in Horgos, Xinjiang

1) Preparation one set of statutory documents;

2) Company name search and reservation;

3) Record filing with foreign-invested enterprise establishment;

4) Applying business license;

5) Curving company seals;

6) Opening a bank account;

7) Import and export license, if involved in international trading;

8) Any special license application, if any.

 

 

Required Information

Investors who are going to set up a business in Horgos only need to provide a shareholder, a legal representative and a company name. All the other materials will be prepared by Tannet.

 

Time Required

Generally, it will take about 14-20 working days to complete the whole registration process (Factors like firefighting and environmental protection should be considered in the workplace of a manufacturing company).


For more information, please feel free to call the Tannet service hotline: 603-2141 8908 or email mytannet@gmail.com, Malaysia company address: Unit 6.06, Level 6, Amoda 22, Jalan Imbi 55100 Kuala Lumpur.

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