Legal system
Based on English Common Law
Types of entity
Private company limited by shares; public company limited by shares; public unlimited company with a share capital; private unlimited company with a share capital; company limited by guarantee without a share capital; partnership; limited partnership; sole proprietorship; branch; representative office; trust
Shelf companies permitted
No
Incorporation timescale for a new company
4 days
Sensitive words
Department, Government, Commission, Bureau, Federation, Council, Authority; Bank, Stock Exchange, Unified Exchange; Assurance, Insurance, Re-insurance; Certified Public Accountant (C.P.A.), Public Accountant (P.A.); Building Society, Chamber of Commerce, Cooperative, Kaifong, Mass Transit, Municipal, Savings, Tourist Association, Trust, Trustee, Underground Railway; words, usage of which is considered crime or contradicts social inetersts in any way
Cyrillic alphabet permitted in company name
No
Local registered office
Yes
Local registered agent
No
Information to be kept at the registered office
Registration certificate; register of directors and secretaries; register of members; books containing the minutes of proceedings of any general meeting, any meeting of directors or any meeting of managers; register of holders of debentures; a copy of every instrument creating any charge requiring registration; register of charges, etc.
Seal required, type of seal
A metallic seal with its name engraved in legible characters
Redomiciliation (to, from) permitted
Not permitted