set-up-company

Jul 06, 2018 11:33

Blogs : set-up-company Posted a new blog 12 Important Things to Know Before Doing Business in China

China is increasingly becoming the preferred destination for doing business for international investors. However, you should not just dive headlong and set up a business in China. You need to be mindful of a lot of different things before investing in the country. In this post, you will learn about 12 important ...

set-up-company

Jun 28, 2018 10:53

Blogs : set-up-company Posted a new blog 10 Best Cities for Doing Business in China

China has a huge market with more than one billion people. The country presents near endless opportunities to investors. China's economy has increased dramatically due to which it is considered a prime destination for foreign investors. In 2000, China had overtaken the US as the largest recipient of foreign ...

set-up-company

Jun 27, 2018 10:22

Blogs : set-up-company Posted a new blog Why Invest in the Booming FinTech Business in China?

FinTech (financial technology) refers to computer technology that facilitates companies in managing financial aspects of the business. The innovative technology competes with traditional financial institutions including banks in the delivery of financial services. It has become an integral part of delivering ...

set-up-company

Jun 14, 2018 18:03

Blogs : set-up-company Posted a new blog 5 Ways Foreign Companies Can Set Up a Business in China

China has become the best destination for business owners looking to expand their business operations overseas. Being one of the rapidly progressing BRIC economies with a large consumer base, China offers a lot of investment potential. In the span of just two decades, the Chinese economy has displayed impressive ...

set-up-company

Jun 12, 2018 16:39

Blogs : set-up-company Posted a new blog Joint Venture vs. WFOE: Which is a Better Option for Establishing a Business in China?

The foremost consideration when setting up a business in China is the type of structure. There are two main forms of incorporating a business in the country: Joint Venture (JV) and Wholly Foreign Enterprise (WFOE). So, which one is better for establishing a business in China. Should you go for a JV or a WFOE in ...

set-up-company

Jun 07, 2018 11:03

Blogs : set-up-company Posted a new blog Step-By-Step Guide to Setting up a WFOE in China Without Hiccups

According to United Nations projections, currently, that is, in 2018, the overall population in China should be around 1.36 billion (not including Taiwan, Hong Kong and Macau). It is easily the largest country in the world.Despite being a communist and socialist setup, Chinese market has been opening up quite fast. ...

set-up-company

Jun 06, 2018 17:50

Blogs : set-up-company Posted a new blog What is a WFOE in China and Why to Get Local Help to Make Things Easier?

WFOE stands for Wholly Foreign-Owned Enterprise. In its general term, it is a limited liability company wholly owned by you, the foreign investor.The People’s Republic of China initially came up with the idea of WFOEs to give a push to manufacturing activities for exports, or to introduce advanced technology into ...

set-up-company

Jun 05, 2018 10:42

Blogs : set-up-company Posted a new blog Contemplating Business Expansion into China? 10 Things to Take Care of

So, you have finally decided to expand into one of the most vibrant and potential economies of the world, that is, China. Congratulations!With the Chinese economy set to surpass America in 2020, entrepreneurs from all over the world, especially from the USA, Europe and Australia, are coming to China. With gross ...

set-up-company

Jun 01, 2018 14:24

Blogs : set-up-company Posted a new blog 5 Reasons to Work With a Local Partner if You Want to Set Up Business in China as a Foreigner

China is a vast country. Very ancient. After the US, it is the second largest economy in the world. According to this July 7, 2017 Investopedia report, the previous year, China's GDP was $ 23.19 trillion compared to the US GDP of $ 19.42 trillion. According to various business forecasts, the Chinese economy is ...

set-up-company

May 31, 2018 14:35

Blogs : set-up-company Posted a new blog 7 Mistakes to Avoid when Setting a Wholly Foreign Owned Enterprise in China

The corporate landscape in China has gone through remarkable changes over the last few decades. The country's entry into the World Trade Organization (WTO) resulted in the liberalization of different industries. This opened up new opportunities for both local and foreign companies to earn high profits by investing ...

set-up-company

May 30, 2018 10:23

Blogs : set-up-company Posted a new blog Why it is important to use WeChat and AliPay if you want to do business in China?

By the second quarter of 2017 there were approximately 963 million monthly active WeChat users (source). Compare this to WhatsApp that is used in multiple countries that has 1.5 billion active monthly users (source).If you live outside China and if there is a chance that you haven’t heard of WeChat, this is a ...

set-up-company

May 29, 2018 10:24

Blogs : set-up-company Posted a new blog 10 Steps to Starting a Business in China as a Foreigner

After America, China is undoubtedly becoming the next “land of promise”. The Chinese government is even offering tax breaks to foreign firms to boost investment in the country (source). According to a government release, companies are exempt from withholding taxes on profits that they reinvest in specific ...

set-up-company

May 02, 2018 15:28

Blogs : set-up-company Posted a new blog China’s Top 10 Cities with the Highest House Prices after 10 Years

10 years ago, did you think about what the house prices will be after 10 years? We are now in Beijing, what will turn out in the next 10 years in Beijing? There should be almost iPhone twenty, there might be robots replacing people. Now, there is such a statement on the Internet, 10 years later, a list of top 10 ...

set-up-company

Apr 26, 2018 15:04

Blogs : set-up-company Posted a new blog 10 Knowledges of Chinese Tax Invoices (Fapiao) Foreigners Need to Know

How to issue the Chinese tax invoices for Chinese clients after the China WFOE set up? How many types of tax invoices currently exist? How to apply for Chinese tax invoices? How to invoice correctly? How to keep the invoice in a proper way? How to obtain an official tax invoice in China? China official tax invoices ...

set-up-company

Apr 25, 2018 14:27

Blogs : set-up-company Posted a new blog Understanding a China Company's Registration Address in 3 Minutes

One of the keys to registering a China company is the company's registration address. Why does a company in China need a registration address? Today, in order to help you sort it out, we will help you find out what you need to know about the company's registered address in 3 minutes! The birth process of a company ...

set-up-company

Apr 24, 2018 17:14

Blogs : set-up-company Posted a new blog How to Cancel and Liquidate a China WFOE?

How to start the cancellation and liquidation of China WFOE according to the Chinese law and leave nothing illegal behind? Are there some regulations the foreign investors need to be aware of? Business China lists five regulations on cancellation and liquidations of WOFE in China. (1) Liquidation Term of China WFOE ...

set-up-company

Apr 23, 2018 15:41

Blogs : set-up-company Posted a new blog 30 Q&A About Tax and Registered Capital of a Hong Kong Company

+86-020-2917 9715 proposal@set-up-company.com1.Q: what is the tax requirement for Hong Kong companies?A: Hong Kong is a free port with less tax and low tax rate. Enterprises only need to pay a tax so-called profits tax every year, profits tax is in accordance with the enterprise income, that is calculated at 16.5% ...

set-up-company

Apr 18, 2018 16:18

Blogs : set-up-company Posted a new blog Lost Passport in China?

Passport is super important for you when you travel abroad. If you lost your passport in China, no worries, follow the 4 Steps below. Step 1: Obtain a "Receipt of Report"from the Police StationThe loss of a foreign passport must first be reported to the Police Station closest to where the loss occurred. A receipt ...