A business has been run in the US for decades, is planning to enter into China market. We have no idea if we are able to and how to start?

Similar to the other countries, China has an investment guidance that needs to comply with. Except for activities that relate to country security matters or stability of society, most of businesses are permitted. Certain business areas shall have pre-verification or certification in front of operation starts, such as Food related business as well as training program etc.. More details could refer to the policy attached or contact us. Process could differ from the features of business. 

Most foreign clients set a Wholy-Owned-Foreign Enterprise (WOFE) or a Representative Office (OR), Joined Venture (JV) is considered to meet a specific business scenario such as combining share of technique or franchise with capital funds.  

WOFE is entitled as a resident entity that has the same rights as a Chinese owned company in business related areas such as recruitment, signing contracts as well as tax grants etc.. Comparatively speaking, a representative office is not permitted to run a natural business but provide supporting services to its head office, such as marketing research and communication, like representatives to handle certain tasks need to be face to face with its clients or suppliers in mainland for foreign head office. A registration process of WOFE is more complicated than an office and both of these run a totally different tax scheme. 

How to start? With a clear business idea, come to China, it is importance is to find a proper consulting company, it can provide a clear guidance with a reasonable smart business structure in combining what are existed and effective costs including but not limiting to tax advantage considerations. 

In detail, research about industry and market based on invested project is provided in the preparation stage. Having comprehensive considered about taxation, political and marketing issues, an advice on company type and business scope is affixed. The tax benefits or grants, government charge also is designed in an economic way at this stage. 

In considering difficulties might raise up after the company registration and before a mature financial team built up, we also provide financial outsourcing, HR related supporting as well as other matters in relation to maintaining the company.

We are concerning on the updates of taxation and regulations. Studies are held accordingly with the other service teams in WSs at following areas:

1.  What industries and businesses will be influenced with the updated policies?

2.  How we could advise our existing clients and how to arrange for new clients?