Establishing A Business In China

Many of Healy Consultants' clients who establish a business in China hope to reap the rewards of this emerging market. Establishing a business in China is complicated by the country's bureaucracy and cumbersome legal framework, hence our unique experience in this area is of great value to clients who wish to establish a business in China. Investors considering establishing a business in China should consider the following points.
1.	Despite the challenges of establishing a business in China, global investors choose to do so to tap the huge opportunities on offer in one of the world's fastest-growing economies.
2.	When setting up a company in China, note that the country has signed double taxation treaties with many countries, offering tax exemptions to entrepreneurs planning to tp establish a business in China.
3.	Those wishing to establish a business in China should note that it offers the best corporate banking facilities in Asia, including a multi-currency business bank account supported by the best internet banking platform in the world, with leading international banks such as HSBC, Standard Chartered and Citibank.
4.	China is now the world's single largest recipient of foreign direct investments (FDI) among developing countries. This is a key reason why many foreign investors choose to establish a business in China. In some provinces, incorporating a China entity has become increasingly popular due to favourable local economic conditions.
5.	Since its accession to the World Trade Organisation (WTO) in 2001, China has made considerable legal and regulatory progress and as a result investors establishing a business in China now receive improved protection for intellectual property rights.
6.	China and Hong Kong signed a Free Trade Agreement, called the Closer Economic Partnership Agreement (CEPA) in 2004. The agreement has opened the Chinese market to Hong Kong-based businesses.
7.	Examples of the restrictions placed on Chinese companies include the inability of a Representative Office to make sales and invoice clients in China.
8.	When establishing a business in China note that it has very strong client confidentiality laws and refuses to exchange customer information with the OECD.
Contact Us
For more information on establishing a business, email email@healyconsultants.com or call us at (+65) 6735 0120.
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