What do you mean by domestic company?

Domestic companies, as the name implies, are enterprises founded by personal assets investment, but they can be divided into several categories according to the mode of capital contribution, so we must have a certain understanding and understanding of this aspect when setting up domestic companies. Then let's sort out the relevant knowledge of what domestic companies mean to you. Welcome to read, I hope I can help you. 1. What do you mean by domestic company?

The so-called domestic companies refer to domestic enterprises, which are jointly funded by state-owned assets, collective assets and domestic personal assets. Including state-owned enterprises, collective enterprises, private enterprises, joint ventures and joint-stock enterprises. In the words of our common people, a company set up by China people in China is a domestic company.

Registration process for establishing domestic companies

1. Formulate articles of association, choose business premises and establish organizational structure.

2. Apply to the administrative department for industry and commerce for pre-approval of the company name.

3. Handle relevant licenses with the industrial and commercial departments.

4. Shareholders will deposit their capital contribution into the "temporary account for capital verification of registered capital" opened in the designated capital bank, and the bank will provide proof of capital to the accounting firm or audit firm.

5. A capital verification report issued by an accounting firm or an audit firm.

6. Declare relevant application materials to the administrative department for industry and commerce.

7. Obtain a business license.

8. Open a basic settlement account in a bank.

9. Opening.

Second, the difference between domestic enterprises and foreign-funded enterprises.

(1) Taxation: At present, with the adjustment of the tax law, except for foreign-invested enterprises, there is no need to pay business tax surcharge, which is basically the same.

(2) Access: The industries they can engage in first are different. Domestic industries can be divided into four categories: encouragement, permission, restriction and prohibition. However, foreign companies have no such requirements.

(3) Investment: Foreign-invested enterprises investing in China need the approval of the local commerce committee, special industries and corresponding ministries before they can continue to invest. When investing abroad, the treatment of the two is basically the same, and there is no difference in handling procedures.

(4) Establishment and change: Of the two types of things to be established, foreign-invested enterprises are more complicated and need to be approved by the commercial department. If it is a special industry, it needs the approval of the relevant ministries. Only after the approval of the ministries and commissions can we obtain the approval certificate for the establishment of foreign-invested enterprises and then obtain the business license. The establishment of domestic enterprises is relatively simple. Changes in foreign-funded enterprises usually require re-examination and approval by the examination and approval authorities, but domestic enterprises do not.

(5) Foreign exchange: Generally speaking, foreign exchange accounts handled by domestic-funded enterprises must be approved by the State Administration of Foreign Exchange before they can be opened, but foreign-funded enterprises have great advantages in setting up foreign currency accounts. There are several types of foreign exchange accounts that can be opened without prior approval. Especially when borrowing from abroad, foreign-funded enterprises have advantages and do not need prior approval, while domestic enterprises need approval.

(6) License: Even if many industries have no clear restrictions on foreign investment, foreign-funded enterprises are more troublesome in examination and approval than domestic-funded enterprises.

(7) Listing and issuing bonds: At present, foreign-funded enterprises cannot be listed in China, nor can they issue bonds publicly. Although the domestic policy says that encouragement should be gradually liberalized.

(8) Labor: At present, foreign-funded enterprises need to witness in their labor departments after signing labor contracts with employees. Domestic companies don't need it.

(9) Responsibility: domestic-funded enterprises bear limited liability, while foreign-funded enterprises bear unlimited liability.

Three. Business scope of domestic companies

Commodity trade category

Cultural office supplies, office equipment, packaging materials, handicrafts (except gold and silver), daily necessities, household appliances, Wujinjiaodian, electronic products, telecommunication equipment, wires and cables, power tools, instruments and meters, communication equipment, communication equipment, electromechanical equipment, building materials, metal materials, pipe fittings, refrigeration equipment, compressors and accessories, ceramic products, leather products, automobile and motorcycle accessories. Cosmetics, clothing, shoes and hats, bedding, labor insurance supplies (except for special control), hotel supplies, sanitary ware, building materials, commercial concrete, furniture, tools and knives, sporting goods, photographic equipment, fitness equipment, computers and accessories, computer peripherals, printing equipment, computer consumables, audio equipment, biological products, ship accessories and materials, laboratory equipment, clean room equipment, filtration.

service class

Business information consultation, etiquette service, conference service, enterprise management consultation, investment consultation, enterprise marketing planning, corporate image planning, cultural and artistic planning, stage art modeling planning, real estate brokerage, interior decoration, water and electricity installation, refrigeration equipment and plumbing equipment installation, graphic design and production, photography service, printing service, exhibition service, equipment leasing, computer/electronics/ship/printing/purification engineering and other professional fields.

Production and processing category

Production and processing of electronic components, furniture, toys, handicrafts, bamboo products, etc.

I believe that after reading the above introduction, you should know more or less that domestic companies refer to domestic enterprises, which are jointly funded by state-owned assets, collective assets and domestic personal assets. Be careful when identifying. The above is about the meaning of domestic company, I hope it will help you.