China is opening up its doors and has recently brought into place some new initiatives and procedures that bring the dream of establishing your own business closer to reality.
Regardless of whichever type of company structure that you want to set up, our professional support team will assist you with every step of this difficult process.
There are some possibilities:
There are some possibilities: If you wish to run a business in China on a bigger scale or in a more formal manner then you can open you own Wholly Foreign Owned Enterprise (WFOE).
It is a limited liability business and requires no Chinese partnership agreement but require tangible capital injection from an overseas bank account as registered capital.
By setting up a WFOE, you can:
By setting up a Foreign Invested Partnership Enterprise(FIPE) in China, your company will be allowed to have all the functions as WFOE except it is unlimited liability and there is no requirement for registered capital.
You can partner with one or more foreign and Chinese partners as you wish.
The length of time for setting up a FIPE is much shorter compare with WFOE and it is suitable for small and medium sized foreign enterprises who wish to operate their in China.
Providing that you have a business overseas that has been running for at least two years, you can open up a Representative Office (RO).
You will be able to oversee operations in Guangzhou but not run it as a business.
You can monitor your suppliers, provide back up and support, perform quality control programs and use it for sourcing and searching.
Posted on Wednesday, 19 October 2011 by IlaowaiGroup
Posted on Tuesday, 13 September 2011 by ilaowai group
Posted on Tuesday, 13 September 2011 by ilaowai group