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The comprehensive guide of start business in China 2024
The comprehensive guide of start business in China 2024 With the development of economic globalization, China has become the world's largest economy. More and more foreign companies have seen China's vast market and good development prospects. (We had explained the specific reasons why foreigners prefer to start business in China, click here to learn more from another article ) More and more foreigners are coming to start business in China. This article will help foreigners who wants to start business in China, involving the market conduction, registration, financial taxation, intellectual property rights and talent recruitment management issues that confuse them. Table of Contents I. Conduct Chinese Market Research A. Overview of the Chinese Market B. Research on Chinese Consumer Demand C. Familiar with Chinese Business Culture II. Select a Location & City to Start Business A. Wholly foreign-owned enterprise (WFOE) B. Joint ventures (JV) C. Representative Office (RO) III. Choose a Company Structure/Type IV. Legal and Policy Guidelines A. How to register your company and apply business license 1. Conditions for foreigners to register a company in China 2. Procedures for foreigners to register a company in China 3. Notes B. How Foreign-invested Enterprises Keep Accounts and File Taxes 1.Accounting 2. Tax reporting 3. Matters needs to pay attention C. Intellectual Property Protection 1. Implement a forward-looking…- 15
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Ultimate Guide: How Do Foreigners to Register Companies in China Year 2022
foreigners to register companies in China Different cities have different registration policies. Here we take Shenzhen as an example to introduce how do foreigners to register companies in China year 2021. In order to expand international economic cooperation and technological exchanges, the People's Republic of China allows foreign companies, enterprises and other economic organizations or individuals, on the principle of equality and mutual benefit and with the approval of the Chinese government, to jointly establish joint ventures with Chinese companies, enterprises or other economic organizations in China, also known as foreign-funded companies. There are three forms of establishment: 1. Sino foreign joint ventures. 2. Sino foreign cooperation. 3. Wholly foreign-owned enterprises. In Shenzhen, it is popular to register foreign-funded companies, but few knows it. Let's learn how to register foreign-funded companies. Preparation for foreigners to register companies in China: 1. When registering a foreign-funded company in Shenzhen, the identity certificate of the shareholder shall be submitted, the notarized legal business certificate shall be submitted by the foreign enterprise, and the notarized passport shall be submitted by the foreign individual. 2. if a foreign company is to set up a board of supervisors, it needs three members. If it does not…- 69
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