Cost, time, money, documents, tax of opening / registering company in Yiwu, China.
Total: 5 working days.
From our experience, it takes usually less than 5 working days.
* However, as a foreigner, it's difficult to do these things all by their own. They may need to hire an agent to get this done. An agent may cost 200 - 1000 USD (from unprofessional to professional) . A 50 sqm office costs 20,000 (3000USD) 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.
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