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About This Site  amlinkint.com is a site dedicated to provide comprehensive information about China, a rapid growing country yet full of mysteries. There are two main categories of the information: business and travel. Business information include doing business in China, import from or export to China, product sourcing in China, Chinese cultures revealed, and China economy and its global impacts. Contained in the travel section are:  what you need to know when traveling to China, complete tour guide of major cities such as Beijing, Shanghai and Xi'an,  and how to find cheap travel services in China.

 

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Setup Business in China - Starting Business in China - Setting Up International Business

 
 

Increasing number of American companies are setting up their own presence in China in order to source products or services directly from China or enter the Chinese market rather directly. Nevertheless, given the foreign nature of complex local policies, regulations and overall business environment in China, it is so critical to be proactive and fully prepared before you take the strategic move to setup a business to start your business's own presence in China.  Setting up business in China is a big project by itself, which may require financial and time commitments, business management knowledge and China business expertise. Identifying a competent agent to manage the complex process of setting up business in China will be a cost and time effective way to avoid potential pitfalls. Amlink International can help you to setup and start a business in China. We offering comprehensive business consulting services, and through this website, provide in-depth information and resources on how to set up a business in China. Here are key points one should and must know before starting the process of setting up a business in China. 

Chinese Business Consulting Set up Business in China  There are several options to set up a local presence in China. Foreign entity's China presence may be in the form of a wholly owned foreign enterprise, an equity joint venture, a contractual joint venture firm,  a representative office or a local representation by a third party such as local secretary services and local representation companies.

Chinese Business Consulting Set up Business in China  The business scope should be clearly defined for the China presence. China National Development and Reform Commission (CNDRC) may prohibit or restrict, permit or encourage business setup based on the scope of the business to be setup. It is important to carefully define the scope that is to be encouraged to set up a business in China.

Chinese Business Consulting Set up Business in China  It is important to select the right location for your China operation. Although in general China central government has abandoned its preferential tax rate for foreign invested companies starting January 1, 2008, some cities, especially industrial parks, still offer various tax benefit and financial assistance for foreign investors. It is always a good idea to setup a business in the area where tax benefits are offered.

Chinese Business Consulting Set up Business in China  There is a minimum registered capital requirement for setting up business in China. Different business types will bear different requirements. However, such requirements could be flexible. In some case, local Industry and Commerce Administrations may decide on your minimum registered capital based on their judgment of your business scope and operation scale. You should find out the specific requirement for your business setup  before taking further actions in case they require an amount exceeding your financial resources available for setup business in China.

Chinese Business Consulting Set up Business in China  You should fully understand employer's responsibilities and liabilities in China. China just issued a new labor law in year 2007, clarifying several key issues such as employment contract, redundancy, etc. Without preliminary knowledge of this law, you may end up spending a huge amount of time and money terminating the contract with under performing employees, as the structure of the contract was wrong. You also need to be aware of the mandatory employee welfare and benefits so as to include such cost in the budget.

Chinese Business Consulting Set up Business in China  You should conduct thorough due diligence and credit check on joint venture partners if the business is to be set up in a joint venture format. China has some sort of the business culture to show people's wealth and status by driving luxurious cars, wearing prestigious watches and owning an impressive factory. So your business partners in China may look financially viable and well connected but actually live on bank loans and personal debts.

Chinese Business Consulting Set up Business in China  You should plan to develop a comprehensive local business and human resources management system. It may be a tough job to recruit the right employees in a foreign country without local assistance. It is even tougher to effectively manage the local business and staff in a foreign country. A sound and robust employee management system will encourage the engagement and commitment of local staff and avoid potential risks. You may include reporting and communication policies, staff training, performance assessment, remuneration, career management and employee management manual in the system.                 Authorities in China relating to registering business >

 

Tags: China, start business in China, set up business in China, start a business in China, setting up business in China, international business setup in china, business setup

 
 
 
 
 

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