The basic process and cost of starting a company in Hainan

Pre-approval of name, preparation of registration materials, submission of registration application, obtaining business license, engraving official seal and opening bank account.

First, the basic process of starting a company in Hainan

Pre-approval of name: First, entrepreneurs need to submit an application for pre-approval of company name to Hainan Provincial Market Supervision Administration to ensure that the selected name is not registered and used by others.

Preparation of registration materials: Next, prepare relevant materials required for company registration, including articles of association, register of shareholders, documents of directors, supervisors and managers.

Submit registration application: submit the prepared materials to Hainan Provincial Market Supervision Administration for company registration application.

Obtaining business license: after the materials are approved, obtaining the company's business license marks the formal establishment of the company.

Follow-up work such as engraving official seal and opening bank account: engraving official seal, handling tax registration and opening bank account according to the company's business needs.

Second, the cost of starting a company in Hainan.

The cost of starting a company in Hainan mainly includes the following aspects:

Registration fee: including company name pre-approval fee, industrial and commercial registration fee, etc.

Engraving fee: depending on the type and quantity of official seals that the company needs to engrave.

Bank account opening fee: depending on the selected bank and account type, it may involve certain account opening fee and maintenance fee.

Tax registration fee: related taxes and fees payable when handling tax registration.

Other expenses: such as renting office space and purchasing office equipment. , depending on the actual situation of the company.

To sum up:

The basic process of starting a company in Hainan includes pre-approval of name, preparation of registration materials, submission of registration application, obtaining business license, engraving official seal, opening bank account and other follow-up work. In terms of expenses, it mainly involves registration fees, seal engraving fees, bank account opening fees, tax registration fees and other expenses incurred according to actual conditions. Entrepreneurs should fully understand these processes and expenses before starting a company, so as to make full preparations and plans.

Legal basis:

Company Law of the People's Republic of China

Article 6 provides that:

To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.

Regulations of the People's Republic of China on the Administration of Company Registration

Article 17 stipulates:

To establish a limited liability company, a representative designated by all shareholders or an agent entrusted by all shareholders shall apply to the company registration authority for registration of establishment. To establish a wholly state-owned company, the state-owned assets supervision and administration institution of the people's government at the corresponding level authorized by the State Council or the local people's government shall be the applicant to apply for registration of establishment. Where laws, administrative regulations or decisions of the State Council stipulate that the establishment of a limited liability company must be approved, it shall apply to the company registration authority for establishment registration within 90 days from the date of approval; Where an application for registration of establishment is overdue, the applicant shall report to the approval authority to confirm the validity of the original approval document or submit it for approval separately.