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Sign up with Google Sign up with FacebookQ: is a business easy to start in china
how easy is it to start a business in china
8 years 43 weeks ago in Business & Jobs - China
it depends on how much business experience you have already:
do you have a business plan?
do you have business experience?
do you have money to invest in your own business, or financial backing?
even if you have all these things, you will only be allowed to own 49% of the business - the other 51% will have to be owned by a Chinese person.
Unless you have a business partner you trust 100% (someone you have known for years), chances are you will be ****ed over in some way by your partner.
local officials will make you jump through so many hoops that you will need to be able to trust your business partner 110% as all legal documents will be in Chinese.
it would be the same as starting a business in any other country, only with Chinese characteristics.
Depending on what sort of business it is, you could expect to pay out 1,000s of RMB before you even open your business.
If you have no business experience, you should live, work and observe how the Chinese do business before even thinking of this.
they will exploit any perceived weakness in your experience.
Also, don't expect Chinese workers to behave or have the same level of motivation as American workers. fior the most part, you will have to stand over the local workers to get them to do anything.
cub:
thanks sorrel, u gave me a straight answer to the point without being nosey or arrogent or sarcastic assuming things or jumping to conclusions like dokken just did after your answer im glad u was civil about your answer thanks!
xunliang:
Had to downvote because u gave him a straight answer to the point without being nosey or arrogent or sarcastic assuming things or jumping to conclusions like dokken just did after your answer im glad u was civil about your answer thanks!
Hotwater:
Sorry Sorrel bit for once you're wrong. He could start a WFOE (Wholly Owned Foriegn Enterprise)
it depends on how much business experience you have already:
do you have a business plan?
do you have business experience?
do you have money to invest in your own business, or financial backing?
even if you have all these things, you will only be allowed to own 49% of the business - the other 51% will have to be owned by a Chinese person.
Unless you have a business partner you trust 100% (someone you have known for years), chances are you will be ****ed over in some way by your partner.
local officials will make you jump through so many hoops that you will need to be able to trust your business partner 110% as all legal documents will be in Chinese.
it would be the same as starting a business in any other country, only with Chinese characteristics.
Depending on what sort of business it is, you could expect to pay out 1,000s of RMB before you even open your business.
If you have no business experience, you should live, work and observe how the Chinese do business before even thinking of this.
they will exploit any perceived weakness in your experience.
Also, don't expect Chinese workers to behave or have the same level of motivation as American workers. fior the most part, you will have to stand over the local workers to get them to do anything.
cub:
thanks sorrel, u gave me a straight answer to the point without being nosey or arrogent or sarcastic assuming things or jumping to conclusions like dokken just did after your answer im glad u was civil about your answer thanks!
xunliang:
Had to downvote because u gave him a straight answer to the point without being nosey or arrogent or sarcastic assuming things or jumping to conclusions like dokken just did after your answer im glad u was civil about your answer thanks!
Hotwater:
Sorry Sorrel bit for once you're wrong. He could start a WFOE (Wholly Owned Foriegn Enterprise)
Is it a business selling bibles. To be honest I don't think that's a winner.
cub:
haha dokken my question was a test to see if any trolls lik u was watching and u fell right in my trap mr troll! assuming things jumping to conclusions 2nd guessing someone could land u 6 feet under if u do or are saying this to everyone else u meet! Some people in real life are capable of doing this to a person like u, and u hiding safe behind your computer screen wont protect u!
dokken:
I ll tell you where I live-:
i live on Homosexual Avenue, Fagsville, AnalSexLand. Right next door to you.
Isn't that the real reason you are a virgin. Because you like to horizontal moster mash with big black men. Like your moma
cub:
sorry dokken i dont live in hell like u do! maybe im a virgin so I don't have the risk of catching aids STDs and other diseases! Since when was being a virgin a crime? since when did u care? Are u jealous?
No why ?
cub:
PHIL, its none of your business ''why''! are u writing a diary phil?u keep sticking your long nose into everyones business sooner or later your nose will get chopped off!
cub:
no phil, its a promise and who sys getting ones long nose chopped off a few feet is a game?
cub, I am a chinese business professional. you pay me and I'll tell you. this is not a joke. it's business, ok?
If you are Chinese, it's easy. Just start a business.
Want to open a shop... just find an empty unit, do a lease with the landlord and open your shop. The Business licence can be done later at the local Government office for a few hundred RMB. New business licenses now have a QR code on them. Scan them on a phone and you can find out all the info. Local bar I drink in has a stated capital investment of 5RMB !
There is very little planning department zoning in China. Nobody is Government will tell you where you can open a particular business. There is very little red tape for Chinese.
If you want to sell bannanas on the street, no problem. Just do it. But expect to be chased by the chunguan (spelling?).
If you are a foreigner on a 30 day tourist visa, it's a bit more complex.
Why not start a new thread. " Starting a business on a 30 day tourist visa"
It's extremely easy to start a business in China and painfully easy to make money. It's one of the few advantages of living in China. The catch (for a foreigner) is partnering up with a local you can trust. If you are married, this is a no-brainer: Have her start the business and run it and you manage it. Stay low key as to not draw the attention of the copycats and government officials. If you're living in China with your spouse, you shouldn't have to worry about money.
xinyuren:
You have a unique case, Hulk. Your wife is getting naturalized in America, right? So to China, she is now a foreigner. So you are two foreigners trying to set up business in China. that's a little harder unless you bring her family into the picture.
Small business.. Lol everyone does it here , on every market, another question is success - you have to work to succeed in your business, like in any country.
To start business, you even don't need a company - just take a look around, find a product here and a buyer abroad. Intermediaries (shipping companies etc.) will help you with papers.
DrMonkey:
A small business is easy to start... For a Chinese. As a foreigner, you will have far more red tape to deal with, and you will be subjected to more scrutinity. Not impossible, but definitely not something you do on a whim to sell bake potatoes in the street.
Lots of wrong answers on here (for once). If you want to start your own solely owned business here is what's needed:
1) you need a local lawyer to form a WFOE (Wholly Owned Foreign Enterprise). The lawyers fees are about 20,000rmb
2) as part of the formation of the WFOE you'll need to invest starting capital, which in Guangzhou, is in the region of 300,000rmb (this can be transferred into china in installments over 1 year)
End of story...except...you're on disability of $11,000/year so where the hell are you going to find any money to start a business in China?
Plus....if you've got enough nous to run a successful business in China then why aren't you already doing it in the USA instead of replying on welfare. M
Crawl back under your bridge troll!
cub:
hah hotwater, u think im wanting to start a business in china? why? and i hope my income u are so worried about gives u migranes and a conorary ok? i asked this innocent question as a test to see how many nosey TROLLS like YOU would take the bait start flapping you lips about something u have no idea about ok? See, my test worked u took the bait u TROLL! enjoy getting worry lines ok? Yes hotwater I received sarcasm from u and am I to smile when u label me as a toll here and like this? u dish out sarcasm and I dish it back ok?
Hotwater:
You don't half spout rubbish mate. You got a correct answer from me on how to start a business in China, as a foreigner.
You our also got some sarcasm from me as you're quite obviously a troll yourself.
Image a proper answer at first to correct some errors from other posters, not for your sake.