FOUNDATION
In 2001, China joined the WTO. Since then, a large amount of foreign investment has poured into China. In 2005, we began to enter the field of foreign direct investment (FDI) consulting and services, and word-of-mouth service has been widely recognized by customers at home and abroad. In order to better serve our customers, we formally established Youly Investment Consulting (Shanghai) Co., Ltd. in Shanghai, China in 2011, and enriched and expanded our team and business.
SERVICE
Youly provides consulting services to clients who are interested in doing business in China. Our service covers the whole life cycle of the business entities set up by foreign investors in China.
(1) Pre-project consultation and planning
- Consultation on investment and legal environment in China
- Project feasibility consultation and advisory
- Preferential policy consultation
- Project location proposal
- …
(2) Implementation of investment projects
- Arrangement of communication with Chinese authorities (if demanded)
- Establishment of representative offices in China (document preparation and formality handling)
- Formation of foreign-invested enterprises (document preparation and formality handling)
- Handling of follow-up procedures (tax registration, bank account opening, social security & housing fund registration, etc.)
- Application for operation license and industry qualification (if required)
- …
(3) Follow-up and maintenance service
- Enterprise change registration (document preparation and formality handling)
- Bookkeeping and tax declaration
- Invoice application and issuance
- Preparation of financial statements (in accordance with Chinese or foreign accounting standards)
- Enterprise & senior management tax planning
- Preparation of payroll, calculation and declaration of individual income tax
- Application for foreigners’ work and residence permit
- Legal support for enterprise operation & management
- Financial and tax consulting services to enterprise operation
- Handling of enterprise annual inspection & report
- …
(click here to see additional service introduction)
CLIENT
We are very pleased to have the opportunity to serve more than 3,000 clients and gain their recognition. Among them, there are not only the Fortune 500 enterprises, but also small & medium-sized enterprises and start-up companies. They come from various industries, such as manufacturing, wholesale and retail, logistics warehousing, accommodation and catering, software and information technology services, finance, real estate, leasing and financial leasing, business services, culture, sports and entertainment. Youly assisted them in setting up representative offices in China, multinational regional headquarters, investment companies, equity investment companies, fund management companies, R & D centers, pharmaceutical companies, advertising companies, human resources companies, education and training institutions, e-commerce companies, logistics companies, etc.
(click here to see our typical cases)
In addition to providing services to direct clients, we are also partners of many well-known law firms at home and abroad. Through cooperation with these law firms, Youly provides quality services to more Chinese and foreign clients.
TEAM
Quality service comes from our professional teams. All of our consultants have a university degree or above and have many years of experience in investment consulting and service. Based on Chinese law, combined with administrative practice, we are committed to providing clients with legal, compliant, professional and efficient services.
Yoyo PAN
Leader of Project Team
Graduated from Nankai University, over 15 years experience in FDI consulting service
Felix FENG
Leader of Legal Team
Graduated from Nanjing University (PRC) and Goettingen University (Germany), over 15 years experience in FDI & corporation laws (at European law firms & multinational companies)
Cynthia CAI
Leader of Financial Team
Graduated from Shanghai University of Finance and Economics, over 13 years experience in financial & tax service
WE ARE DIFFERENT
Item | Youly | Agency X | ||
Fees | Fixed fee, no extra charge | Opaque charge, may be increased in the middle of the service | ||
Professionalism | Provide more ideas and suggest the best plan, while ensure legitimacy and compliance | No initiative, just play the role of a clerk | ||
Preparation | Provide detailed list of procedures and documents in advance, everything under planning | No plan for project, ask for documents and extra materials at any time | ||
Efficiency | First time to start, first time to feedback | Only when client urges, can the project be pushed forward | ||
Value | From clients’ point of view, to maximize interests of clients | Just mouthpiece of authority, lack of ability and willingness to argue for interests of clients | ||
Compliance | Whole process transparent, faithful to perform the service | Service process not open to clients, may lay hidden dangers to achieve temporary goal |