Establishing A Business In China |
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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. |
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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.
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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. |
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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. |
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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. |
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| 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. |
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| 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. |
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Examples of the restrictions placed on Chinese companies include the inability of a Representative Office to make sales and invoice clients in China. |
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Contact Us |
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For more information on establishing a business, email email@healyconsultants.com or call us at (+65) 6735 0120. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
